by Christopher Nye | Jul 22, 2020
It feels as though we’ve been hit by a barrage of news already this week! After a good start, the pound is weaker against the euro and dollar this morning. The euro has strengthened due to news that the EU finally managed to agree on a coronavirus recovery package,...
read more
by Christopher Nye | Jul 22, 2020
USD/EUR was weakened by the reaching of the EU deal, as well more bad news on the coronavirus outbreak. Whether President Trump apparently agreeing to take a more proactive stance will positively or negatively affect the pandemic, the economy, his re-election chances...
read more
by Christopher Nye | Jul 22, 2020
The Euro hit its highest rate against the dollar for 18 months yesterday following good news on the EU Covid-19 rescue package. Although there was some short-term volatility as markets reacted to the news, and lingering concerns about long-term impacts, it’s generally...
read more
by Christopher Nye | Jul 22, 2020
The school holidays officially started in the UK this morning, finally, though you could be excused for failing to notice it. British government borrowing hit a new record of £130bn in Q2, the height of the lockdown, to pay for the furlough scheme and other...
read more
by Christopher Nye | Jul 22, 2020
The euro strengthened during the course of yesterday after the European Union agreed a more than €750bn coronavirus rescue package. Deals are proving harder to find for Brexit and the US-UK trade deal, with reports in both the FT and Daily Telegraph this morning that...
read more
