USD: 48 hours for stimulus bill

The dollar is strong against the euro and weaker against the pound this morning. It is still benefitting from its safe-haven status due to global economic worries and nerves over the political situation in the US. Presidential candidates Joe Biden and Donald Trump are...


read more

EUR: PMI data this week

The euro is weaker against the pound and dollar this morning, partly due to worries over the Eurozone economy, as more countries place restrictions on daily life due to rising cases of COVID-19. Italy is the latest country to release new measures. Italian Prime...


read more

GBP: Brexit talks to continue

After the EU summit on Friday, the Prime Minister said that there needed to be “fundamental change” before a Brexit deal can be reached and added that the UK is preparing for an ‘Australia style’ deal. Despite this negative rhetoric, the pound is strong against both...


read more

Pound strong despite no-deal rhetoric

The pound is strong against the euro and the dollar this morning, despite comments from Boris Johnson that the UK is preparing for an ‘Australia style’ Brexit deal. Chief negotiators, David Frost and Michel Barnier, are expected to set the structure today...


read more

A potential end to uncertainty

The pound starts the week where it began last week and only traded within very narrow bands over the past seven days. This is not what was expected in such a crucial period both for the Covid second-wave restrictions and Brexit trade talks. Prime Minister Boris...


read more