by Christopher Nye | Sep 24, 2020
After a weak start to the day, sterling strengthened against the euro and the dollar yesterday due to some cautious optimism surrounding Brexit negotiations. This morning, the pound is steady against the euro but weaker against the dollar. Michel Barnier travelled to...
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by Christopher Nye | Sep 24, 2020
Later today, Chancellor of the Exchequer, Rishi Sunak is due to announce plans for more government spending to minimise unemployment. This comes after tighter COVID-19 restrictions were revealed earlier this week and in anticipation of the furlough scheme ending in...
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by Christopher Nye | Sep 23, 2020
The dollar is still strong against the dollar and the euro this morning, benefitting from its status as a safe-haven currency. Worries over rising infections in Europe have caused investors to turn to the greenback. Positive data from the US has also given the dollar...
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by Christopher Nye | Sep 23, 2020
The euro is stronger against the pound and weaker against the dollar this morning. Worries over increasing infection rates in Europe and the possibility of a second wave has caused the greenback to strengthen and the euro to weaken. Over 20 travel and tourism bodies,...
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by Christopher Nye | Sep 23, 2020
The pound remains in a weak position against the euro and the dollar this morning as Brexit and the economy put pressure on sterling. Economic worries have been fuelled following the announcement of further coronavirus restrictions in the UK yesterday, which could be...
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