by Christopher Nye | Apr 8, 2020
The pound faltered slightly yesterday due to news of the Prime Minister being taken into intensive care. However, improved global sentiment and good news about the state of the global financial markets has supported sterling against the euro. This morning, the pound...
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by Christopher Nye | Apr 8, 2020
News that Boris Johnson is stable and not on a ventilator have helped the pound to regain some of the ground it lost early yesterday morning following reports of his admittance to an ICU. The euro is weaker this morning after EU finance ministers failed to agree on a...
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by Christopher Nye | Apr 7, 2020
The pound weakened last night after Boris Johnson was taken into intensive care following persistent coronavirus symptoms. In the meantime, Dominic Raab will deputise, and is expected to chair this morning’s Covid-19 meeting. This comes after sterling briefly...
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by Christopher Nye | Apr 7, 2020
The dollar was weaker yesterday as the global markets rallied due to optimism surrounding coronavirus infection rates. Italy reported its lowest death toll for more than two weeks, whilst France also has a slowing death toll and Germany reported a drop in new cases....
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by Christopher Nye | Apr 7, 2020
It’s been a mixed start to the week for the euro, with a slight downtick against sterling and a choppy pattern against the dollar. Poor construction data this morning has not helped, although German factory orders did not come in as bad as expected, despite entering...
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