by Christopher Nye | Jul 17, 2020
Sterling looks weaker against the euro and the dollar this morning and any news of progress with Brexit talks may affect the pound today. The Prime Minister is also due to give a briefing at Downing Street, and it’s thought that he may announce changes to the...
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by Christopher Nye | Jul 16, 2020
Following this positive vaccine news yesterday, the dollar weakened to a one-month low as investors turned away from safe-haven currencies, such as the greenback. However, concerns such as rising infection rates and increasing US-China tensions still remain, so the...
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by Christopher Nye | Jul 16, 2020
Positive vaccine news also strengthened the euro yesterday and it is still strong against the pound this morning. This, coupled with Europe’s general sense of control over the virus due to effective lockdowns, has supported the single currency. Today, the ECB will...
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by Christopher Nye | Jul 16, 2020
After suffering due to poor GDP data at the beginning of the week, the pound looks stronger against the dollar and steady against the euro yesterday. This is partly due to a weaker greenback and also because of improved market sentiment, which came about after talks...
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by Christopher Nye | Jul 16, 2020
After a brief recovery, the pound is weaker again this morning. Reports that the COVID-19 vaccine is yielding positive results in clinical trials improved market sentiment yesterday, supporting both the pound and the euro. However, the markets have had a softer start...
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