by Christopher Nye | Jan 6, 2020
It was a bit of a bumpy end to the week for the dollar on Friday. Optimism over the upcoming phase one China trade deal helped to propel the dollar upwards earlier in the week, but concerns over instability following Friday’s air strikes in Baghdad, where key Iranian...
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by Christopher Nye | Jan 6, 2020
The euro ended last week up against the pound, although data from last week was still showing a relatively mixed picture for the eurozone economy. Today, service PMI figures came in largely better than expected for the major eurozone economies. This week will be quite...
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by Christopher Nye | Jan 6, 2020
Concerns over the UK’s future relationship with the EU are continuing to weigh on the pound, especially with just twelve months until the Brexit transition period is up. Fears that a trade deal would be impossible to achieve in this time are putting pressure on the...
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by Christopher Nye | Jan 6, 2020
The pound is weaker against the euro this morning, due to worries over the possibility of the UK leaving the EU without a trade deal at the end of the year. This Wednesday, Boris Johnson and Ursula von der Leyen will meet at Downing Street for opening trade talks. The...
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by Christopher Nye | Jan 6, 2020
Another year and once again politics has the potential to drastically change the value of your purchases abroad, unless you lock in your currency with a forward contract. Just as European politics – in the shape of Brexit – was set to decrease in importance to the...
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