by Christopher Nye | Dec 4, 2019
Sterling rose to a six-week high yesterday on the latest polling data and better-than-expected construction PMI. The dollar’s weakness also gave the pound a chance to rally. This morning, sterling has reached a seven month high against the euro and the dollar. A fresh...
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by Christopher Nye | Dec 4, 2019
Polls showing a widening lead gap between the Conservatives and Labour in the upcoming election helped to push the pound to a six-week high yesterday, also helped by strong construction figures. This morning, it has reached a seven-month high against the euro and the...
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by Christopher Nye | Dec 4, 2019
The pound is continuing to dance along at around its highest rate against the euro for the past three years. Indeed it’s rarely been above this rate consistently since just after the Brexit vote. It’s like the final weeks of Strictly Come Dancing where...
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by Christopher Nye | Dec 3, 2019
The dollar was strong against the pound but weak against the euro yesterday, as it responded to poor economic data and the latest wave of tariffs. America’s factory output contracted in November for the fourth straight month according to the latest manufacturing PMI...
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by Christopher Nye | Dec 3, 2019
Euro is down against the pound this morning, as the latest election polls in the UK show a widening lead gap between the Conservatives and Labour. It comes after several more positive days for the euro, making gains on the back of a perceived increase in the...
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