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Mixed reports on Brexit progress

The pound has edged slightly lower against the euro and the dollar but remains above significant levels as the markets await Brexit news. Head of EU’s Executive Commission reported that there had been “genuine progress” with negotiations yesterday. However, other...


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USD: Former Fed Chair rumoured for cabinet

The dollar has continued to weaken this morning, as it has currently lost its safe-haven appeal. Overall sentiment is positive due to vaccine news and hopes of a stimulus package to help the US economy. After President Trump made way for the Biden administration this...


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EUR: Euro nears a 3-month high against dollar

The euro is nearing a three-month high against the dollar this morning and is gaining some ground against the pound. The IFO Business Climate indicator for Germany was released yesterday, which measures sentiment about the current business situation and expectations...


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GBP: Pound strong on positive market sentiment

The pound is still at strong levels this morning due to positive vaccine news earlier this week and optimism surrounding a Brexit deal. Negotiations are expected to continue in London from tomorrow and the markets will await further updates. There are also...


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Chancellor to reveal spending plans today

The pound is still strong against the euro and the dollar this morning as vaccine positivity and hopes of a Brexit deal keep it buoyant. Later today, Chancellor Rishi Sunak will announce the government’s spending plans for the coming year and will also assess the...


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