by Christopher Nye | Mar 4, 2021
The euro is weaker against the pound this morning and steady against the dollar. After disappointing retail sales data for Germany on Tuesday, retail sales figures will be released for the Eurozone later today. They are expected to show a slight drop in January,...
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by Christopher Nye | Mar 4, 2021
The pound held onto its gains yesterday and is climbing steadily against the euro this morning following the Spring Budget, delivered by Chancellor Rishi Sunak. Sunak told Parliament that corporation tax would rise by 6% in 2023, which will increase the UK’s tax...
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by Christopher Nye | Mar 4, 2021
The pound is climbing against the euro and is strong against the dollar this morning after the Chancellor’s Spring Budget yesterday. Rishi Sunak vowed to “protect the jobs and livelihoods of the British people” as the UK emerges from the pandemic. Tax...
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by Christopher Nye | Mar 3, 2021
The dollar is weaker this morning as treasury yields, which have been supporting the dollar over the past week, have now retreated somewhat. Democrats aim to approve their $1.9 trillion coronavirus relief plan by next week. The House have already approved a version of...
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by Christopher Nye | Mar 3, 2021
The euro is still under pressure against the dollar this morning, partly due to negative reports about Europe’s slow vaccine rollout. European Central Bank official, Fabio Pancetta, said yesterday that the Bank should expand bond purchases or increase the quota...
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