by Christopher Nye | Jul 14, 2020
Following a positive start to the week, the pound is slightly weaker this morning. This follows the release of UK GDP for May, which came in at 1.8%, highlighting the challenge that the economy faces due to coronavirus. The euro is stronger in anticipation of two big...
read more
by Christopher Nye | Jul 13, 2020
Sterling had a relatively positive week last week, partly due to a more up-beat economic outlook. But will it maintain this recovery? Following the announcements last week, beauticians, tattooists, spas, tanning salons and other close-contact services can reopen from...
read more
by Christopher Nye | Jul 13, 2020
New daily Covid cases are setting new records, with 64,000 nationally, while Florida has taken over as the worst pandemic-affected US state now, just in time to wreck the vacation season. There were over 15,000 new cases there on one day over the weekend. Even...
read more
by Christopher Nye | Jul 13, 2020
The single currency starts the week marginally higher than last Monday against USD, though it was a choppy sort of week. Successful Brexit talks later this week should benefit the EUR globally, if not against GBP, but there are two tests of EU unity this week and it...
read more
by Christopher Nye | Jul 13, 2020
Sterling starts the week 1% above last Monday against the euro and a little more than that against the US dollar. Economic data and Brexit trade talks will determine whether that continues through the week, although the evidence is hopeful. Some signs of recovery were...
read more
