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Economic data to the fore, and to the rescue?

The focus this week will continue to be on whether the economic recovery from the global lockdown will be sharp or slow. Despite evidence from the World Health Organization that cases are rising faster than before, with nearly a quarter of a million in the past 24...


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USD: Rising infections strengthen dollar

The dollar strengthened towards the end of yesterday as it continues to benefit from its safe-haven appeal. US stock markets dropped on news that America hit another record high with coronavirus cases. More than 60,000 new COVID-19 infections were reported on...


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GBP: A stronger week for the pound

The pound strengthened to a three week high against the euro and is strong against the dollar, following news of reopening plans. In the Daily Briefing yesterday, the Culture Secretary announced that gyms, pools and outdoor performances will return from the 25th of...


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Sterling welcomes reopening plans

Sterling strengthened to a three-week high against the euro as fairly positive Brexit rhetoric, as well as news of the economy reopening, helped the pound. Yesterday, the government announced the reopening of the beauty industry, gyms, pools and outdoor entertainment....


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