by Christopher Nye | Nov 4, 2020
The pound hit a two-month high against the euro earlier this morning due to optimism surrounding Brexit talks. However, this was short lived as the US election is driving market volatility. Brexit talks have paused for a few days as chief negotiators Michel Barnier...
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by Christopher Nye | Nov 4, 2020
The dollar is stronger this morning as uncertainty over the outcome of the US election sets in. It’s a tighter race than the polls suggested and some key swing states are reporting a delay in vote counting. President Trump has already won in the key battlegrounds of...
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by Christopher Nye | Nov 3, 2020
The dollar is weaker this morning ahead of the polls opening for the 2020 US election. An estimated 100 million people have already cast their vote and it’s set to be the biggest turnout in a century. Joe Biden still leads in the polls, but the race is closer in key...
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by Christopher Nye | Nov 3, 2020
Eurozone manufacturing PMI was revised slightly higher yesterday, showing that the sector experienced its steepest month of expansion since 2018. This will be followed by services and composite figures tomorrow. ECB official, Yves Mersch, delivered a speech yesterday,...
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by Christopher Nye | Nov 3, 2020
The pound is still looking weaker this morning, despite positive Brexit developments, due to the impending lockdown in England on Thursday. The lockdown was approved by Parliament yesterday and the furlough scheme has been extended for a month to accommodate. UK and...
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