by Christopher Nye | Feb 17, 2020
After reaching a three and a half year high against the euro last week, the pound weakened slightly on Friday afternoon. It was originally boosted by the prospect of increased government spending as a result of Rishi Sunak becoming Chancellor. However, it is still...
read more
by Christopher Nye | Feb 17, 2020
It was an eventful week last week for the pound, after it hit a 3.5-year high earlier in the week. Poor data from the eurozone, with growth disappointing and forecasts predicting little change, also helped the pound, as did the appointment of Rishi Sunak as Chancellor...
read more
by Christopher Nye | Feb 17, 2020
The pound rose to a level tantalisingly close to its highest since the referendum last week. The main reason for that seems to be the arrival of a new Chancellor, Rishi Sunak, who is widely expected to act more in line with the Prime Minister’s (and his chief...
read more
by Christopher Nye | Feb 14, 2020
The dollar is weak against the pound and strong against the euro today, as the euro suffers from poor economic data and coronavirus news. It’s thought that the US is expected to weather the impacts of the virus better than the eurozone. Inflation Rate for the US came...
read more
by Christopher Nye | Feb 14, 2020
Euro dropped to a 3.5-year low against sterling yesterday, after a week of poor economic performance for the eurozone, particularly German industrial production. December saw the biggest drop in German industrial production since the global financial crisis a decade...
read more
