by Christopher Nye | Jul 10, 2020
Following Brexit talks in London this week, Chief Negotiator, Michel Barnier, said that “significant divergences” remain on both sides, but added that discussions have been “useful” and negotiations have been carried out in “good...
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by Christopher Nye | Jul 10, 2020
The pound strengthened to a three week high against the euro and is strong against the dollar, following news of reopening plans. In the Daily Briefing yesterday, the Culture Secretary announced that gyms, pools and outdoor performances will return from the 25th of...
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by Christopher Nye | Jul 10, 2020
Sterling strengthened to a three-week high against the euro as fairly positive Brexit rhetoric, as well as news of the economy reopening, helped the pound. Yesterday, the government announced the reopening of the beauty industry, gyms, pools and outdoor entertainment....
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by Christopher Nye | Jul 9, 2020
The dollar has weakened against both EUR and GBP so far this week and could continue to do so as economic data comes in. Later today we’ll be hearing US jobless claims for the past week (as well as a rolling average) and, on Friday, producer prices. These are hugely...
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by Christopher Nye | Jul 9, 2020
The single currency continued to strengthen against the dollar yesterday, but the improvements amount only to around 1% over the course of the week, muted by doubts over the EU’s fund to help countries worst affected by the pandemic. The ‘Frugal Four’ (Austria, the...
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