by Christopher Nye | Apr 14, 2020
The pound reached a four-week high against the euro towards the end of last week, with the latter weakening as European finance ministers failed to find common ground in their discussions on coronavirus rescue package options. Sterling remains stronger against the...
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by Christopher Nye | Apr 9, 2020
The dollar was strong yesterday as optimism surrounding the coronavirus crisis faded somewhat. News that the virus may be reaching its ‘peak’ increased investor concerns. The FOMC released their meeting minutes from March yesterday, which reflected officials concerns...
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by Christopher Nye | Apr 9, 2020
Yesterday’s Eurogroup meeting to discuss coronavirus economic rescue strategies showed little progress, according to media reports. While finance ministers are agreed to the principle of doing something, how that will look is proving difficult. Yesterday’s...
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by Christopher Nye | Apr 9, 2020
The pound gained ground against the euro yesterday after the Eurogroup’s 16-hour talks on a coronavirus rescue package reached a dead end on Wednesday morning. Sterling has also benefitted from Rishi Sunak’s statement that Boris Johnson is ‘clinically stable’ and...
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by Christopher Nye | Apr 9, 2020
The pound is stronger against both the euro and the dollar this morning, supported by news that Boris Johnson is ‘clinically stable’ and that his health is gradually improving. The Prime Minister has been in ICU since Monday, when his coronavirus symptoms took a turn...
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