by Christopher Nye | Apr 21, 2020
The dollar is down against the pound this morning, after a historic drop in US oil prices, with prices turning negative for the first time in history. While a drop had been expected, it had not been forecast to be so extreme. Meanwhile, yesterday was a choppy day for...
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by Christopher Nye | Apr 20, 2020
The dollar has continued to drop against the pound this morning. With optimism cautiously growing about a new treatment for coronavirus in the months to come, the appeal of safe haven currencies will lessen somewhat. A University of Chicago hospital has carried out...
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by Christopher Nye | Apr 20, 2020
Euro had a choppy week against sterling, ending slightly down against the pound after Eurozone construction output dropped substantially to -0.9%. Automobile sales also dropped 50%, according to figures published by ACEA. Meanwhile, there is more uncertainty ahead for...
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by Christopher Nye | Apr 20, 2020
Sterling held steady on Friday, after Dominic Raab announced that the UK would extend lockdown measures for another 3 weeks. The government also announced that it would extend the furlough scheme until the end of June, so ensure that businesses are supported...
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by Christopher Nye | Apr 20, 2020
The pound has started the week up against the euro and dollar, as the government announced last week that lockdown measures would continue for at least three weeks. Brexit talks are also set to continue via video conference next week, after the first trial last week....
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