by Christopher Nye | Apr 24, 2020
The euro is down against the pound this morning after a difficult Eurogroup meeting. EU leaders have agreed to the principle of a trillion-euro rescue package across seven years, but are divided on how this would be implemented. Italy, France and Spain are arguing for...
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by Christopher Nye | Apr 24, 2020
The pound has been given a boost this morning by uncertainty in the EU, as leaders continue to disagree on the details of the bloc’s coronavirus rescue package. This helped sterling regain ground from a drop yesterday afternoon after the CBI’s business...
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by Christopher Nye | Apr 24, 2020
The pound is up against the euro after yesterday’s Eurogroup meeting, which saw continued debate between the so-called ‘frugal four’, especially Austria, and the southern European countries hardest hit by the coronavirus pandemic. The group has agreed to a longer-term...
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by Christopher Nye | Apr 23, 2020
The dollar is relatively steady against the pound and euro, benefitting from its status as a safe-haven currency amid a global oil slump. Meanwhile, the House of Representative is set to pass the next coronavirus aid package today, which will see a further $500...
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by Christopher Nye | Apr 23, 2020
Euro is down against the pound and dollar following record lows in German consumer confidence and as the markets await this afternoon’s Eurogroup meeting. The virtual summit is intended to help the member states come to agreement over the second phase of coronavirus...
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