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EUR: Business climate figure for Germany drops

The IFO Business Climate indicator for Germany was released yesterday, which measures entrepreneurs’ sentiment about current business situation and their expectations for the next 6 months. The reading showed a drop to 92.7 in October 2020, from a seven-month high of...


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GBP: Brexit negotiations continue in London

The pound is well supported against the euro and the dollar this morning as Brexit talks continue this week. France are holding firm on their stance towards fishing rights and, so far, are refusing to compromise. It’s thought that the UK are seeking a Norway style...


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Pound steady despite deadlock over fisheries

The pound is well supported against the euro and the dollar this morning as Brexit talks continue in London today. There have been reports that French President, Emmanuel Macron, is refusing to compromise on issues surrounding fisheries. Despite this, there is still...


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USD: Dollar strong on virus and stimulus worries

The dollar is stronger against the euro and the pound this morning, as virus worries and stimulus woes boost its safe-haven appeal. House Speaker, Nancy Pelosi, has said that she expects a response from the White House today on a stimulus package for the US. Since...


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EUR: ECB meeting this week

The euro remains under pressure due to rising COVID-19 cases across Europe. France reported a daily record of cases on Saturday, whilst Spain and Italy are introducing increased restrictions to help to curb the disease. This will have the potential to impact Europe’s...


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