by Christopher Nye | Oct 6, 2020
The pound is slightly weaker against the euro and stronger against the dollar, as Brexit remains the focus. A spokesperson for the Prime Minister said that the EU needs to show “more realism” if it wants to find a resolution on fisheries. Johnson also said that whilst...
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by Christopher Nye | Oct 6, 2020
The dollar is weaker against the pound and the euro this morning on news that President Trump has returned to the White House from hospital after testing positive for COVID-19 last week. As a safe haven currency, the dollar tends to strengthen in times of crisis. The...
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by Christopher Nye | Oct 5, 2020
The dollar has been reacting to news of President Trump’s condition, after he was taken into hospital last week for testing positive for COVID-19. As it is a safe-haven currency, it has weakened against the euro due to positive news of Trump’s recovery. It is thought...
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by Christopher Nye | Oct 5, 2020
The euro is strong against the pound and dollar this morning, mainly due to sterling and greenback movements. PMI data is due to be released for the Euro Area today, with the Service sector expected to fall into contraction territory. Several ECB officials will speak...
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by Christopher Nye | Oct 5, 2020
The pound is volatile this morning after the ninth round of Brexit negotiations came to a close last week. There are plans for talks to intensify over the coming weeks to settle issues such as fisheries and the level playing field, which are still sticking points. In...
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