by Christopher Nye | Apr 1, 2020
Despite weakening slightly against the pound, the dollar was still strong across the board yesterday and is still strong this morning as coronavirus worries continue. Concerned by the number of growing COVID-19 cases in the US, where the reported cases are nearly...
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by Christopher Nye | Apr 1, 2020
European manufacturing shrunk further over the last month, data released this morning showed. Given the circumstances, it is likely to have been priced in by the markets, but it’s still a concerning sign for economic recovery once the crisis is over. Speculation...
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by Christopher Nye | Apr 1, 2020
Sterling finished the day in a stronger position against the euro yesterday and is still strong this morning. This could be partly due to talk of an extension to the Brexit transition period. The pandemic has, apparently, stalled the progress of trade talks, making it...
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by Christopher Nye | Apr 1, 2020
The pound has started this morning in a strong position against the euro after speculation increased over the possibility of an extension to the Brexit trade talks by a year or a year and a half. The Federal Reserve’s programme to pump more dollars into the...
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by Christopher Nye | Mar 31, 2020
The dollar rallied against major currencies yesterday, as concern about the spreading of coronavirus and the economic impact of shutdowns continued to dominate foreign exchange markets. The United States has emerged as the latest epicentre of the virus, with more than...
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