by Christopher Nye | Sep 22, 2020
The dollar is strong against both the pound and the euro as it benefits from its status as a safe-haven currency. This is mainly due to the global concern over rising COVID cases and the economic effects this could have on the worldwide economy. Today, Federal Reserve...
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by Christopher Nye | Sep 22, 2020
The euro was stronger against the pound yesterday but weaker against the dollar, mainly due to pound and dollar movements. President of the European Central Bank, Christine Lagarde, said in a speech yesterday that the Bank are attentive to the euro’s recent strength...
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by Christopher Nye | Sep 22, 2020
The pound weakened against both the euro and the dollar yesterday as concerns grew about rising coronavirus cases in the UK. Chief Medical Officer, Professor Chris Whitty, addressed the nation in a press conference yesterday, and said that the UK could see 50,000...
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by Christopher Nye | Sep 22, 2020
The pound weakened yesterday and is still soft against the euro and dollar this morning, after the UK’s Chief Medical Officer, Professor Chris Whitty, addressed the nation and warned that coronavirus cases could rise significantly over the next month. An emergency...
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by Christopher Nye | Sep 21, 2020
Sterling starts the week holding onto some of the gains it made last week when the EU commission president said she was hopeful of a deal. Other than that small ray of sunshine, the headwinds against sterling seem to be stronger than ever this morning as the...
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