by Christopher Nye | Apr 9, 2020
The pound gained ground against the euro yesterday after the Eurogroup’s 16-hour talks on a coronavirus rescue package reached a dead end on Wednesday morning. Sterling has also benefitted from Rishi Sunak’s statement that Boris Johnson is ‘clinically stable’ and...
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by Christopher Nye | Apr 9, 2020
The pound is stronger against both the euro and the dollar this morning, supported by news that Boris Johnson is ‘clinically stable’ and that his health is gradually improving. The Prime Minister has been in ICU since Monday, when his coronavirus symptoms took a turn...
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by Christopher Nye | Apr 8, 2020
For those of us who were meant to be going away on holiday this week, the lockdown will be a bitter blow (or a blessed relief, for those who secretly quite like staying at home). The arrival of warm weather – we’re forecast 24°C in London – makes you realise how...
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by Christopher Nye | Apr 8, 2020
Hopes of progress being made against the coronavirus weighed on the dollar yesterday. The global financial markets started to stabilise again, meaning that the greenback weakened against the euro and dollar. However, the dollar is stronger again this morning as...
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by Christopher Nye | Apr 8, 2020
Euro has started the day down against the pound, after it materialised that EU financial ministers are still divided over a response to the coronavirus crisis. In an emergency teleconference that lasted more than 16 hours, finance chiefs couldn’t agree on the steps...
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