by Christopher Nye | Jun 10, 2020
The pound continued its recovery against the US dollar yesterday to a three-month high – and steadiness against the euro – despite the news that primary schools in the UK will be largely closed until September and secondary schools may stay closed the following term...
read more
by Christopher Nye | Jun 9, 2020
The dollar was stronger against a basket of currencies yesterday due to optimism surrounding the coronavirus pandemic and positive employment data at the end of last week. There were also expectations that the US may react to China’s recent treatment of Hong Kong,...
read more
by Christopher Nye | Jun 9, 2020
The pound’s strength is helping to keep euro low, and today’s figures may also not help. GDP growth is expected later this morning to have declined by almost 4% quarter-on-quarter, after nearly all member states imposed strict lockdowns in April. Employment figures...
read more
by Christopher Nye | Jun 9, 2020
The pound strengthened against the dollar yesterday due to signs that UK lockdown restrictions may soon be eased and that the economy may benefit from pent up demand. Sterling also mostly retained its recent strength against the euro. The pound has lost some of its...
read more
by Christopher Nye | Jun 9, 2020
The pound was strong yesterday afternoon as optimism rose over the reopening of non-essential businesses from next week. However, it is slightly weaker this morning. Although Brexit talks have reached a stalemate, this seems to have been priced in by the markets, and...
read more
