by Christopher Nye | Nov 12, 2020
The euro is weaker against the dollar this morning after President of the ECB, Christine Lagarde, gave a speech yesterday. She warned that Europe could still see an acceleration of the virus and tighter restrictions, hinting at further financial easing in the near...
read more
by Christopher Nye | Nov 12, 2020
The pound is slightly weaker against the dollar and the euro this morning, possibly due to nervousness surrounding Brexit talks. There is pressure to secure a deal by the EU summit on November 19, in order for it to be ratified before the end of the transition period....
read more
by Christopher Nye | Nov 12, 2020
Figures were released this morning showing that the UK economy partially bounced back from recession in July to September. Despite this, the damage done by the pandemic hasn’t been reversed completely. The pound is weaker this morning, possibly due to Brexit jitters...
read more
by Christopher Nye | Nov 11, 2020
Against the euro, sterling is trading at around its highest rate since May this year. Against the US dollar we hit a two-month high yesterday, but the bigger story is that the pound hasn’t traded consistently at this sort of rate since early 2018. No surprise that we...
read more
by Christopher Nye | Nov 11, 2020
Dollar movements since Joe Biden claimed the presidential election have been relatively modest compared to the 5% drop following Trump’s surprise win four years ago, and that continues despite the positive vaccine news. There was no movement yesterday against the...
read more
