by Christopher Nye | Apr 21, 2020
The US dollar has fallen against the pound this morning after oil prices dropped to a historic low. The Chicago Federal National Activity Index has also downward pressure on the greenback amid a drop to its lowest level in eleven years, reversing last month’s gains....
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by Christopher Nye | Apr 21, 2020
This is a busy morning for economic releases, and the markets will be looking forward to the ZEW economic sentiment figures for Germany and the Eurozone. At first sight, both might seem poor, forecast to come in below 50, but it is an increase on last month – perhaps...
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by Christopher Nye | Apr 21, 2020
The pound had a choppy day against the euro and dollar yesterday, with some speculating that the gains of the past two weeks are now levelling out. New forecasts by the Centre for Economics and Business Research claim British households’ disposable income over the...
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by Christopher Nye | Apr 21, 2020
The dollar is down against the pound this morning, after a historic drop in US oil prices, with prices turning negative for the first time in history. While a drop had been expected, it had not been forecast to be so extreme. Meanwhile, yesterday was a choppy day for...
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by Christopher Nye | Apr 20, 2020
The dollar has continued to drop against the pound this morning. With optimism cautiously growing about a new treatment for coronavirus in the months to come, the appeal of safe haven currencies will lessen somewhat. A University of Chicago hospital has carried out...
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