Sunak to announce more financial support

Later today, Chancellor of the Exchequer, Rishi Sunak is due to announce plans for more government spending to minimise unemployment. This comes after tighter COVID-19 restrictions were revealed earlier this week and in anticipation of the furlough scheme ending in...


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USD: Fed officials push for stimulus bill

The dollar is still strong against the dollar and the euro this morning, benefitting from its status as a safe-haven currency. Worries over rising infections in Europe have caused investors to turn to the greenback. Positive data from the US has also given the dollar...


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EUR: Data releases for EU this morning

The euro is stronger against the pound and weaker against the dollar this morning. Worries over increasing infection rates in Europe and the possibility of a second wave has caused the greenback to strengthen and the euro to weaken. Over 20 travel and tourism bodies,...


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GBP: PMI data due today

The pound remains in a weak position against the euro and the dollar this morning as Brexit and the economy put pressure on sterling. Economic worries have been fuelled following the announcement of further coronavirus restrictions in the UK yesterday, which could be...


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Economic worries weigh on pound

The pound is still looking weaker against the euro and the dollar this morning as worries over the economy were heightened after the Prime Minister announced further restrictions yesterday to slow the spread of coronavirus. The ninth round of Brexit talks is due to...


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