by Christopher Nye | Oct 19, 2020
The euro is weaker against the pound and dollar this morning, partly due to worries over the Eurozone economy, as more countries place restrictions on daily life due to rising cases of COVID-19. Italy is the latest country to release new measures. Italian Prime...
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by Christopher Nye | Oct 19, 2020
After the EU summit on Friday, the Prime Minister said that there needed to be “fundamental change” before a Brexit deal can be reached and added that the UK is preparing for an ‘Australia style’ deal. Despite this negative rhetoric, the pound is strong against both...
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by Christopher Nye | Oct 19, 2020
The pound is strong against the euro and the dollar this morning, despite comments from Boris Johnson that the UK is preparing for an ‘Australia style’ Brexit deal. Chief negotiators, David Frost and Michel Barnier, are expected to set the structure today...
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by Christopher Nye | Oct 19, 2020
The pound starts the week where it began last week and only traded within very narrow bands over the past seven days. This is not what was expected in such a crucial period both for the Covid second-wave restrictions and Brexit trade talks. Prime Minister Boris...
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by Christopher Nye | Oct 16, 2020
The dollar is still strong this morning, still benefitting from virus fears and stimulus woes. A spike in COVID-19 infection rates on both sides of the Atlantic has prompted investors to opt for safe-haven currencies, such as the dollar. Adding to this strength was US...
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