by Christopher Nye | Feb 14, 2020
The pound strengthened to a three and a half year high against the euro yesterday after Sajid Javid resigned as Chancellor of the Exchequer. It’s thought that sterling’s lift was due to increased expectations of a looser fiscal policy, which may come with the...
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by Christopher Nye | Feb 14, 2020
The pound hit a 3.5-year high yesterday, buoyed by better-than-expected yearly GDP figures and a series of poor data releases from the Eurozone. The resignation of Sajid Javid has also helped the markets, with some expecting looser fiscal policy from new appointee...
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by Christopher Nye | Feb 13, 2020
The dollar was weaker against the pound but strong against the euro yesterday, as coronavirus news continues to make an impact. Today, we’ll see a series of important economic data for the US. Inflation rate is expected to show a slight increase year-on-year, whilst...
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by Christopher Nye | Feb 13, 2020
The euro is weaker today due to a number of factors, including hints that the ECB may cut interest rates this year. President Christine Lagarde has renewed her calls for government spending to help tackle the Eurozone’s slowdown. Today is a relatively busy day for the...
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by Christopher Nye | Feb 13, 2020
Sterling maintained its strength yesterday and is still strong this morning ahead of the Prime Minister’s cabinet reshuffle. Most of the cabinet have only been in their positions since the Conservative leadership race in July and whilst senior figures aren’t...
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