by Christopher Nye | Mar 10, 2021
Sterling has strengthened further against the euro this morning after reaching a one-year high yesterday. The UK’s vaccine rollout and hopes of economic recovery continue to support the pound. It has been reported that the vaccine programme will accelerate over the...
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by Christopher Nye | Mar 9, 2021
The dollar continued to gain at the expense of the euro while having a “choppy” day against GBP. The stimulus package and hopes for a rapid recovery continued to power the dollar. It includes, for example, $1,400 cheques going out to individuals earning less than...
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by Christopher Nye | Mar 9, 2021
The euro continued its slide against both the US dollar and GB pound yesterday, falling around 0.5% on the day and around 1.5% across the week against both. The immediate prompt was German industrial production data, which fell below forecasts at -2.5%. With less than...
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by Christopher Nye | Mar 9, 2021
Sterling hit a one-year high this morning against EUR, while remaining broadly stable against USD, as the markets continue to react positively to last week’s Budget and hopes of a rapid economic recovery, with schools returning this week and non-essential shops in...
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by Christopher Nye | Mar 9, 2021
GBP reached its highest level for more than a year this morning against the euro, following positive business confidence data yesterday from the UK’s service companies. This was in spite of a speech later in the day from Bank of England governor Andrew Bailey, who...
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