by Christopher Nye | Mar 31, 2020
After starting the day in a weaker position, the pound strengthened throughout the course of yesterday, mainly due to euro weakness. This allowed sterling to build on gains made last week. However, the pound is slightly weaker this morning. GDP figures came in this...
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by Christopher Nye | Mar 31, 2020
The euro ended yesterday weaker against the pound after data releases showed business sentiment to be much lower than expected. Nonetheless, UK GDP figures released today show that yearly growth slowed further to almost 1%, while quarterly growth stagnated. The pound...
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by Christopher Nye | Mar 30, 2020
After its worst week against the pound since 2009, the dollar is stronger this morning after a weekend of worrying coronavirus news. President Trump, who had initially talked of easing social restrictions, has now extended the period until the 30th of April. The...
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by Christopher Nye | Mar 30, 2020
It was a choppy week for euro last week, beginning in a position of strength against the pound but ending weaker as the ECB’s economic bulletin warned of slow recovery for the eurozone economy. This morning, however, the euro is stronger against sterling. Business and...
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by Christopher Nye | Mar 30, 2020
Sterling was strong against both the euro and the dollar at the end of last week, going against its recent trend of dropping as the markets fall. However, the pound is slightly weaker this morning after UK’s sovereign debt was downgraded one notch from AA to AA-...
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