by Christopher Nye | Jan 4, 2021
The pound strengthened yesterday evening and is still strong this morning, reaching its highest level against the dollar in more than two and a half years. The Brexit trade deal has now been signed into law and new measures are beginning to take effect, which has...
read more
by Christopher Nye | Dec 31, 2020
The dollar continued its falls yesterday – very much the theme of 2020 – reaching new 2¾ year lows against EUR and GBP. The stimulus package, and in particular the plan to send $2,000 cheques to the poorest Americans, continues to be opposed by Republican leaders. The...
read more
by Christopher Nye | Dec 31, 2020
The single currency reached a 31-month high against USD before falling slightly before the close. Across the year it has risen by more than 10% against the greenback. It weakened against GBP yesterday, but nevertheless ends of the year around 7% higher than at the...
read more
by Christopher Nye | Dec 31, 2020
The pound hit a new 31-month level against the dollar. Although it has some way to go to beat the USD1.40 highs of early 2018, it is trading at around the highest rates since the referendum of June 2016. Against the euro, sterling recovered some of the losses of the...
read more
by Christopher Nye | Dec 31, 2020
The UK-EU Brexit trade deal was signed into law late last night and will take effect from 11pm tonight GMT. It was hailed an immense personal achievement for the Prime Minister by Brexit supporters, and even the Labour leader Kier Starmer predicted that the UK’s “best...
read more
