by Christopher Nye | Mar 4, 2020
The one thing most of us know about viruses is that they mutate, and seeing the way that the coronavirus has mutated into our financial world has been awe-inspiring. Financial and currency analysts spend vast amounts of time and effort looking for any clues as to...
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by Christopher Nye | Mar 4, 2020
Yesterday, the Federal Reserve took the decision to make an emergency interest rate cut to combat coronavirus risks, the first since the financial crisis of 2008. In a swift, unscheduled response, rates were cut by half a percentage point. After cutting rates three...
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by Christopher Nye | Mar 4, 2020
The euro is still stronger against the pound today, despite inflation shown to have dropped yesterday as coronavirus disruption to suppliers caused energy prices to grow more slowly than expected – a reversal of the uptick since the ECB introduced its stimulus package...
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by Christopher Nye | Mar 4, 2020
The pound strengthened against the euro and the dollar yesterday, however, it was still near recent lows due to trade talk and coronavirus worries. Sterling is weaker this morning. Expectations have grown for the Bank of England to cut interest rates in March to...
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by Christopher Nye | Mar 4, 2020
Coronavirus fears have continued to weigh on the markets, with the US’s Federal Reserve announcing an emergency interest rate cut for the first time since the financial crisis and on the back of three scheduled cuts in 2019. The pound saw a slight recovery of its...
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