by Christopher Nye | Dec 29, 2020
American households can look forward to receiving a cheque to the value of as much as $2,000, although most will get $600, following the agreement of a US stimulus bill. The dollar weakened against the Euro over the course of the Christmas week, as traders were...
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by Christopher Nye | Dec 29, 2020
The single currency has come close to breaking yet another multi-month record against USD this morning, exceeding 1.225, as the markets react positively to the Brexit trade deal. Against sterling, we are exactly where we were this time last week, as positivity on each...
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by Christopher Nye | Dec 29, 2020
The trade deal failed to impress the markets on Christmas Eve and sterling fell slightly from the highs that the rumours had generated. There has been little to move the market during the Christmas break, while MPs return to parliament to vote on the...
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by Christopher Nye | Dec 29, 2020
Christmas Eve saw press conferences from both the European and UK sides proclaiming the breakthrough in trade talks and agreement of a deal. Sterling, which had been strengthening – along with the stock market, which closed on a 10-month high – on rumours of a deal,...
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by Christopher Nye | Dec 24, 2020
The dollar stays weak as President Trump pushes for changes to the stimulus deal and on positive Brexit news. Trump called Monday’s Covid relief package “a disgrace” and is calling for $2,000 checks instead of the agreed $600, which he feels will make a real...
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