by Christopher Nye | Aug 10, 2020
The pound is strong against the euro and the dollar this morning. This is possibly due to a recovery in the global markets, which sterling tends to move in tandem with. The Bank of England’s fairly positive monetary policy meeting last week has also improved the...
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by Christopher Nye | Aug 10, 2020
The pound is strong against the euro and the dollar this morning, perhaps benefiting from a more positive outlook after the Bank of England’s monetary policy meeting last week. Next week, Brexit talks will resume between the EU and UK. After starting Friday in a...
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by Christopher Nye | Aug 7, 2020
The dollar was weak against both the pound and the euro yesterday, however, it did strengthen slightly after jobless claims figures were released. It is slightly stronger against the euro this morning, resuming its role as a safe-haven currency as US-China tensions...
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by Christopher Nye | Aug 7, 2020
A busy week of data for the Eurozone has finished this morning with releases from Germany. Germany’s trade surplus narrowed as the coronavirus pandemic hit global demand. Exports dropped 9.4% due to lower sales, in particular to the UK (-15.7%) and the US...
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by Christopher Nye | Aug 7, 2020
The pound remained strong against the euro and the dollar throughout the course of yesterday, and is still strong this morning. This came after the Bank of England’s monetary policy meeting. The Bank were more positive than expected when commenting on the UK’s...
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