by Christopher Nye | Jan 6, 2021
The pound is still struggling against the euro this morning after the Prime Minister’s announcement on Monday, which placed the nation in a third lockdown. The Governor of the Bank of England, Andrew Bailey, will speak later today and is expected to comment on the...
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by Christopher Nye | Jan 6, 2021
Sterling reaches the middle of what future historians are bound to regard as a pivotal week in UK history back to the kind of levels we’ve got used to over the past year. For GBP/EUR, both the Brexit bounce and post-vaccine vitality have been lost as the third...
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by Christopher Nye | Jan 5, 2021
The dollar is still weak this morning but has found some support as a safe-haven currency due to uncertainty over the Georgia Senate elections. The ‘run-offs’ will take place later today and will determine whether the Senate has a Republican or Democratic majority....
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by Christopher Nye | Jan 5, 2021
The euro is stronger against the dollar this morning, as the dollar weakened ahead of the Georgia Senate vote, which begins today. Data released yesterday shows that manufacturing in the Eurozone grew at its fastest pace since May 2018 in December. New orders rose for...
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by Christopher Nye | Jan 5, 2021
The pound has weakened slightly against the euro and the dollar after the Prime Minister announced yesterday that there would be another national lockdown. The lockdown will last until mid-February with schools and non-essential shops shutting in England. Scotland...
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