A good time for sterling buyers to fix a rate?

The pound has reached the middle of the week largely unchanged against both EUR and USD. As we continue to wait for deal or no deal, GBP/EUR is perfectly poised midway between the highs and lows of the pandemic period. Although sterling is trading around its highest...


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USD: Biden waits for Trump to concede

The dollar is weaker this morning as positive vaccine news, particularly the recent preliminary success for the Moderna vaccine, is providing hope. However, this is contrasted with rising cases in the US and worries about the Presidential handover. President elect,...


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EUR: COVID-19 cases flatten across Europe

The euro is strengthening against the dollar, as the dollar continues to weaken against a host of currencies. There have been reports that COVID-19 cases have begun to flatten across Europe after a series of stringent lockdowns in many countries. This has provided...


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GBP: A Brexit deal next week?

The pound is in a strong position against the dollar and slightly weaker against the euro this morning, as markets await Brexit news in the run up to the EU summit on Thursday. There have been reports that a Brexit deal could be signed early next week, suggesting that...


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