by Christopher Nye | Jun 30, 2020
The euro had a strong start to the week, receiving a mild boost due to improvements in Eurozone confidence indications and better-than-expected German inflation rate data. Later today, inflation rate figures for the Eurozone will be released. The year-on-year figure...
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by Christopher Nye | Jun 30, 2020
The pound has reached a three-month low against the euro as Brexit negotiations between the UK and EU resumed. Over the weekend, the Prime Minister said that the government would be happy with an ‘Australian style’ trade deal, which would be a basic deal based on WTO...
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by Christopher Nye | Jun 30, 2020
The pound is still suffering this morning due to Brexit worries, concerns over the government’s plans to increase spending on infrastructure and weak GDP data. Negotiations between the UK and the EU resumed yesterday, with hopes that they will reach a deal before...
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by Christopher Nye | Jun 29, 2020
Sterling has weakened to almost 10% below where it started the year against the euro and 7% below the US dollar. The cause of the latest fall is Brexit, and the apparent view of the government that an Australian-style trade deal with the EU (which is very similar to...
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by Christopher Nye | Jun 29, 2020
The dollar continues to benefit from its ‘safe-haven’ status, due to worries about rising infection rates in some US states, however, it has slightly weaker this morning. Infection rates have cast doubts over whether the US economy can achieve the ‘V-shaped’ recovery...
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