by Christopher Nye | Sep 1, 2020
After a strong month overall in August, the pound is still strong against the euro and the dollar this morning. Sterling is performing well against the dollar especially, which has weakened after the Federal Reserve revealed a change of stance last week. Informal...
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by Christopher Nye | Aug 28, 2020
The dollar was weaker against the pound but stronger against the euro, and other currencies, after the speech from Federal Reserve Chairman, Jerome Powell yesterday. As well as providing continued monetary support for the US economy, Powell revealed that the Fed would...
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by Christopher Nye | Aug 28, 2020
The euro is slightly weaker against the pound this morning, possibly due to worries over rising infection rates in Europe. As countries slowly returned to normal and tourism started again, there has been a rise in cases across countries such as Italy, Spain and...
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by Christopher Nye | Aug 28, 2020
The pound has hit a 10-week high against the euro and is still strong against the dollar. This is due to euro weakness and also occurred after Jerome Powell’s speech at Jackson hole yesterday, which indicated that the Federal Reserve would continue to provide monetary...
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by Christopher Nye | Aug 28, 2020
The pound is stronger against the euro this morning after a speech from Federal Reserve Chair, Jerome Powell, at the Jackson Hole Symposium yesterday. He revealed a change of approach to monetary policy, indicating that the Fed will continue to support the US economy...
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