by Christopher Nye | Feb 20, 2020
The latest inflation figures showing an unexpectedly high rise, almost hitting the Bank of England’s target – making the likelihood of an upcoming rate cut seem slimmer. However, the pound is weaker this morning as concerns over UK-EU trade talks weigh. Meanwhile, it...
read more
by Christopher Nye | Feb 19, 2020
The dollar was weaker against the pound but rose to a near three year high against the euro yesterday, as weak data pressured the single currency. After a series of speeches from Federal Reserve Officials today, the FOMC meeting minutes will be released. The minutes...
read more
by Christopher Nye | Feb 19, 2020
Euro was put under pressure this morning after very disappointing economic sentiment data. Figures for Germany dropped to 8.7, instead of the forecast 21.5, while figures for the eurozone – expected to show a five-point rise – showed a 15-point drop. However, the lows...
read more
by Christopher Nye | Feb 19, 2020
Sterling strengthened against the euro yesterday afternoon to a two-and-a-half month high and is still strong this morning, following mixed UK jobs data and poor economic sentiment data from the EU. Whilst the European economy appears to be suffering due to the...
read more
by Christopher Nye | Feb 19, 2020
Unexpectedly poor economic sentiment figures from the Eurozone helped to strengthen the pound yesterday, briefly hitting a high against the euro at noon. It was also helped by wage data showing that earnings have seemingly returned to pre-economic crisis levels. Today...
read more
