by Christopher Nye | Mar 5, 2020
The pound is stronger against the euro and the dollar this morning as there wasn’t an interest rate cut from the Bank of England yesterday, as some had feared. Incoming Bank of England Governor, Andrew Bailey, said that any measures made by the Bank would be done in...
read more
by Christopher Nye | Mar 5, 2020
The pound regained some of its strength against the euro and dollar yesterday, as any indication of a rate cut from the Bank of England, as some had feared, did not materialise. Nonetheless, there is still uncertainty over whether there will be a rate cut at the end...
read more
by Christopher Nye | Mar 4, 2020
The one thing most of us know about viruses is that they mutate, and seeing the way that the coronavirus has mutated into our financial world has been awe-inspiring. Financial and currency analysts spend vast amounts of time and effort looking for any clues as to...
read more
by Christopher Nye | Mar 4, 2020
Yesterday, the Federal Reserve took the decision to make an emergency interest rate cut to combat coronavirus risks, the first since the financial crisis of 2008. In a swift, unscheduled response, rates were cut by half a percentage point. After cutting rates three...
read more
by Christopher Nye | Mar 4, 2020
The euro is still stronger against the pound today, despite inflation shown to have dropped yesterday as coronavirus disruption to suppliers caused energy prices to grow more slowly than expected – a reversal of the uptick since the ECB introduced its stimulus package...
read more
