by Christopher Nye | Jun 4, 2020
The dollar is still down against the pound, amid continuing unrest and despite relatively positive data releases, with new non-manufacturing orders, activity and prices increasing. Today, the markets are looking ahead to balance of trade figures, expected to widen,...
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by Christopher Nye | Jun 4, 2020
The euro has reversed some of its losses against the pound, with unemployment coming in lower than expected across the Eurozone and in Italy yesterday. This morning, construction PMI has show a slow inch upwards, although retail figures for April are expected to show...
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by Christopher Nye | Jun 4, 2020
The pound is choppy against the euro, as speculation continues over the current round of Brexit talks. Little progress is widely expected, but the markets will be watching closely for any hint of a change in position if Johnson and von der Leyen do meet later this...
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by Christopher Nye | Jun 4, 2020
The pound is down against the euro this morning, with fears of little possible progress in the Brexit negotiations. The EU’s Stefaan de Rynck indicated that compromise will be a ‘challenge’, saying ‘as to our demands being unreasonable, these...
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by Christopher Nye | Jun 3, 2020
The pound has perked up over the past few days, rising around 3% against the US dollar and 1% against the euro. The positivity comes amid suggestions that there could be a breakthrough imminent in UK-EU negotiations, that coronavirus is being seen off and that the...
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