by Christopher Nye | Jan 20, 2021
The pound is strong against the euro and the dollar this morning, ahead of another speech by Bank of England governor, Andrew Bailey later today. His speech last week, which dismissed negative interest rates, boosted the pound. Any further information regarding...
read more
by Christopher Nye | Jan 20, 2021
Sterling continues to be resilient against major currencies, maintaining its strength against the euro yesterday and boosted early this morning with positive data (in the currency market’s view anyway) on inflation. UK prices rose ahead of expectations to 0.6%...
read more
by Christopher Nye | Jan 19, 2021
Across the week, the dollar benefitted from “safe haven status” against the euro and sterling. However, that came to a halt overnight and the dollar starts the day nearly half a cent down against both the euro and sterling. It’s all change at the top of US government...
read more
by Christopher Nye | Jan 19, 2021
The single currency struggled against sterling yesterday, as its own vaccine rollout lags behind both the UK and US. It started to recover a little of its recent losses against the US dollar this morning, with the Harmonized Index of Prices (HICP) coming in as...
read more
by Christopher Nye | Jan 19, 2021
Sterling reacted to “blue Monday”, supposedly the most miserable day of the year, by slumping in early trading against both EUR and USD, before recovering its losses by the end of the day. It remains around 2% stronger against the euro than this time last month, as...
read more
