by Christopher Nye | Oct 19, 2020
The pound starts the week where it began last week and only traded within very narrow bands over the past seven days. This is not what was expected in such a crucial period both for the Covid second-wave restrictions and Brexit trade talks. Prime Minister Boris...
read more
by Christopher Nye | Oct 16, 2020
The dollar is still strong this morning, still benefitting from virus fears and stimulus woes. A spike in COVID-19 infection rates on both sides of the Atlantic has prompted investors to opt for safe-haven currencies, such as the dollar. Adding to this strength was US...
read more
by Christopher Nye | Oct 16, 2020
Growing COVID-19 cases across Europe have started to weigh on the euro. Countries are trying to avoid national lockdowns but more restrictions have been put into place this week, including France placing a night time curfew in cities and restaurants closing in...
read more
by Christopher Nye | Oct 16, 2020
The pound is still volatile this morning as it reacts to news from the EU summit. It weakened early this morning on news that EU leaders said that negotiations should continue, but added that the UK should make the concessions necessary to strike a deal. The UK’s...
read more
by Christopher Nye | Oct 16, 2020
The pound is still volatile as the EU summit continues today. So far, EU leaders have called on the UK to make the necessary moves and concessions to reach a trade deal. Following this, the Prime Minister is expected to reveal what the UK’s next steps will be, which...
read more
