by Christopher Nye | Sep 25, 2020
The pound is stronger against the euro and dollar this morning after reports that the UK and EU are cautiously optimistic that a Brexit deal can be reached. Comments from the EU’s Chief Negotiator, Michel Barnier have shed a more positive light over the state of...
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by Christopher Nye | Sep 24, 2020
The dollar is still strong against the euro and the pound this morning, as it continues to benefit from its safe-haven status. This has come about due to rising coronavirus infection rates and calls from the Federal Reserve for further government aid to boost the US...
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by Christopher Nye | Sep 24, 2020
It was a mixed bag for PMI data for the Euro Area yesterday. The figure for manufacturing beat expectations, showing that the output growth in September accelerated to the fastest since February 2018. Employment also fell at a softer pace. For the services sector,...
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by Christopher Nye | Sep 24, 2020
After a weak start to the day, sterling strengthened against the euro and the dollar yesterday due to some cautious optimism surrounding Brexit negotiations. This morning, the pound is steady against the euro but weaker against the dollar. Michel Barnier travelled to...
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by Christopher Nye | Sep 24, 2020
Later today, Chancellor of the Exchequer, Rishi Sunak is due to announce plans for more government spending to minimise unemployment. This comes after tighter COVID-19 restrictions were revealed earlier this week and in anticipation of the furlough scheme ending in...
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