by Christopher Nye | Jul 23, 2020
The dollar remained weak against most major currencies yesterday, as positivity grew due to the EU’s coronavirus recovery fund. However, it is strong against the pound this morning after reports that tensions between the US and China are increasing. Yesterday, US...
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by Christopher Nye | Jul 23, 2020
The euro was strong against a variety of currencies yesterday, and is still strong against the pound and the dollar this morning. This was due to news that EU leaders have finalised their coronavirus recovery fund. This not only provides hopes of economic recovery for...
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by Christopher Nye | Jul 23, 2020
The pound was weaker against both the dollar and the euro yesterday, partly due to reports that the government is abandoning hopes of a Brexit trade deal with the EU. The global markets are also suffering due to US-China tensions, which hasn’t fared well with...
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by Christopher Nye | Jul 23, 2020
Today, we expect to hear more news of how the latest round of Brexit negotiations has progressed. It doesn’t look promising, as recent reports of a possible no-deal have put pressure on the pound. However, Downing Street sources have denied that talks have...
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by Christopher Nye | Jul 22, 2020
It feels as though we’ve been hit by a barrage of news already this week! After a good start, the pound is weaker against the euro and dollar this morning. The euro has strengthened due to news that the EU finally managed to agree on a coronavirus recovery package,...
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