by Christopher Nye | Jun 26, 2020
As Europe continues to ease restrictions and open its doors, we could see volatility for the euro. However, it has broadly retained its strength against the pound over the past few weeks. Yesterday, the European Central Bank rolled out a repurchase facility for...
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by Christopher Nye | Jun 26, 2020
The pound was choppy throughout the course of yesterday, as it continued to move in tandem with the stock markets. Technology stocks, consumer cyclicals and industrial groups were down, suggesting there is still concern about the impact of rising Covid-19 cases on the...
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by Christopher Nye | Jun 26, 2020
Ongoing worries about Brexit and the coronavirus crisis continue to weigh on the pound, despite news that the economy is opening up again. The ECB has released more measures to support European economies, whilst in the US, the States of New York, New Jersey and...
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by Christopher Nye | Jun 25, 2020
The dollar strengthened yesterday as fears mounted over the possibility of a second wave. Several US states have rising infection rates, with Arizona, California, Mississippi and Nevada reporting record numbers of new cases of COVID-19. Typically, the US’ currency...
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by Christopher Nye | Jun 25, 2020
The euro took a brief knock yesterday as President Trump announced that the US would be placing more tariffs on EU goods. The US said it is considering placing tariffs on $3.1BN worth of exports from the European Union – including the UK. This is part of an...
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