by Christopher Nye | Apr 20, 2020
Euro had a choppy week against sterling, ending slightly down against the pound after Eurozone construction output dropped substantially to -0.9%. Automobile sales also dropped 50%, according to figures published by ACEA. Meanwhile, there is more uncertainty ahead for...
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by Christopher Nye | Apr 20, 2020
Sterling held steady on Friday, after Dominic Raab announced that the UK would extend lockdown measures for another 3 weeks. The government also announced that it would extend the furlough scheme until the end of June, so ensure that businesses are supported...
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by Christopher Nye | Apr 20, 2020
The pound has started the week up against the euro and dollar, as the government announced last week that lockdown measures would continue for at least three weeks. Brexit talks are also set to continue via video conference next week, after the first trial last week....
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by Christopher Nye | Apr 20, 2020
You’ll need to be very determined to see anything positive over the past month. But GBP has recorded a steady strengthening of nearly 10% against EUR and only slightly less against the USD. We’re now at a rate well above the average for the past three...
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by Christopher Nye | Apr 17, 2020
The dollar maintained its strong position yesterday, as investors continued to opt for safe-haven assets. However, it’s rally has eased this morning on news of a successful drug trial for a coronavirus treatment and also on hopes that several US states will ease...
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