by Christopher Nye | May 12, 2020
The pound lost some ground against the euro yesterday, which it appears to be making up this morning, following confusion over the UK’s ‘muddled’ strategy for easing lockdown restrictions. The UK’s recovery is being described as expected to be a ‘deep U’ rather than...
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by Christopher Nye | May 12, 2020
As the British government attempted to clarify its lockdown strategy yesterday, general expectations are that it will be slightly behind the easing in mainland Europe, where the virus may have peaked earlier. The expectation for many is that this will likely lead to a...
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by Christopher Nye | May 11, 2020
As lockdowns ease, some more than others, across the US, the dollar is up this morning against the pound, with investors hoping for an economic recovery. Joblessness has hit the worst rate since the Great Depression, according to the New York Times, but this was...
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by Christopher Nye | May 11, 2020
The euro is down against the pound as the dispute between Germany’s courts and the European Commission over the legality of the latter’s asset-purchase programme continues. EU officials said last week that they may resort to legal action against the German state if it...
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by Christopher Nye | May 11, 2020
The pound has started this week up against the euro, after a brief drop yesterday. However, it is still somewhat lower than last week, with uncertainty over the length of the UK’s exit from lockdown, compared to its European neighbours, making investors cautious....
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