by Christopher Nye | May 20, 2020
The pound has had a slight tick downwards this morning after inflation fell to 0.8%, and the retail price index reached 0 month-on-month. In the eurozone, positivity over Macron and Merkel’s proposed economic rescue package has helped the euro against the pound....
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by Christopher Nye | May 20, 2020
Sterling recovered half a cent or so against the euro over the last two days and a little more against the US dollar, but the pressures on the pound are such that even this insipid recovery looks distinctly shaky. Our currency forecasts – still available and free to...
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by Christopher Nye | May 19, 2020
The dollar is down against the pound this morning as fears of further global tension rise. Donald Trump has continued to severely criticise the WHO as a ‘puppet of China’, giving it a 30-day deadline to put in place ‘major changes’ if funding is to return. China has...
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by Christopher Nye | May 19, 2020
The euro weakened yesterday morning after the Bundesbank’s release of its monthly report, in which it said its real-time index suggests a decline of 1.9% in the economy in the week full lockdown came into place. Nonetheless, the Bank is cautiously optimistic, saying...
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by Christopher Nye | May 19, 2020
The pound is up against the euro this morning, benefitting from the latter’s weakness over comments from the Bundesbank. It was also perhaps helped by comments from Rishi Sunak that the government’s scheme to help the self-employed could, too, be extended past the...
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