by Christopher Nye | Feb 26, 2020
The pound strengthened yesterday due the markets stabilising after coronavirus fears and a weak European economy. Sterling was initially given a lift against both the dollar and the euro, however, it is slightly weaker this morning. Any further strength could depend...
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by Christopher Nye | Feb 26, 2020
The European Union’s trade talks mandate has been agreed by the General Affairs Council, with a heavy emphasis on regulatory alignment. The markets were perhaps more sensitive to yesterday’s poor GDP data from Germany, with the euro weakening initially. However, the...
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by Christopher Nye | Feb 25, 2020
The dollar strengthened against a basket of currencies yesterday, as coronavirus fears rose. The number of cases in Italy, South Korea and Iran have increased, and the World Health Organisation have said that the world should do more to prepare for a possible...
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by Christopher Nye | Feb 25, 2020
Euro found a last-minute boost at the end of last week and has continued upwards with a boost yesterday morning from unexpectedly positive German business climate figures. According to the Ifo release, expectations have continued to rise, despite being expected to...
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by Christopher Nye | Feb 25, 2020
The pound weakened against both the euro and the dollar yesterday. It’s fall against the greenback was due to increased COVID-19 fears, which caused investors to turn to safe-haven currencies. Ongoing worries about trade negotiations with the EU have also continued to...
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