by Christopher Nye | Jul 1, 2020
The dollar gained modestly yesterday, as renewed virus fears prompted investors to turn to ‘safe-haven’ currencies such as the US dollar. Health officials across the US expressed concern about the US’ ability and willingness to end the coronavirus pandemic. US Disease...
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by Christopher Nye | Jul 1, 2020
The euro weakened against the pound and dollar yesterday. This was partly due to the strength of the other two currencies. The single currency also suffered due to data showing that underlying price pressures have dropped again in the Eurozone. Despite this, the euro...
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by Christopher Nye | Jul 1, 2020
After a poor start to the week, the pound strengthened against both the euro and the dollar yesterday. However, the bounce was short lived, as it was caused by technical factors such as month-end flows and option expiries. The broader picture is still thought to be...
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by Christopher Nye | Jul 1, 2020
The pound strengthened briefly against the dollar and euro yesterday due to technical factors, however, this strength was short-lived due to ongoing pressures from Brexit and the coronavirus crisis. Boris Johnson released his new plans for the UK’s economic...
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by Christopher Nye | Jun 30, 2020
The dollar was weaker yesterday as the global markets opened higher, indicating market optimism despite a growing number of coronavirus cases. It is still strong against the pound, however. Today, we’ll hear a series of speeches from Federal Reserve officials and Fed...
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