by Christopher Nye | Feb 24, 2021
The pound has hit fresh highs against the euro and the dollar this morning due to continuing success with the UK’s vaccine rollout and a drop in infections. As of yesterday, the UK recorded its lowest daily infections of the year and one in three adults have now been...
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by Christopher Nye | Feb 24, 2021
The pound has hit fresh highs against both the euro and the dollar this morning, as the UK’s speedy vaccine rollout and a fall in daily infections has boosted hopes of economic recovery. Sterling is trading near 2018 highs against the dollar and at 11-month highs...
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by Christopher Nye | Feb 24, 2021
The pound has continued to bound ahead overnight, proving that it’s not just traders in a UK/EU time zone that are supporting sterling. Set against the average of the post-referendum world, today’s GBP/EUR rate has rarely been bettered. Against USD the picture is even...
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by Christopher Nye | Feb 23, 2021
The US dollar has dropped around 1% against the euro and a little less against the pound over the past 24 hours. Overall, USD could be suffering from the promise of a rapid post-covid economic recovery as markets raise their risk profile. This week Federal Reserve...
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by Christopher Nye | Feb 23, 2021
The single currency strengthened against the US dollar by around 1% yesterday as IFO Business Climate Indicator for Germany climbed ahead of expectations. The Eurozone’s painfully slow vaccine rollout (6% compared the UK’s 27%, albeit with a two-jab approach)...
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