by Christopher Nye | Jan 29, 2020
The pound slipped to a one week low against the dollar and weakened against the euro yesterday as nerves build for both the Bank of England interest rate cut and Brexit. However, it is stronger against the euro today. Markets are currently pricing in a 52% chance of a...
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by Christopher Nye | Jan 29, 2020
The pound has started the day stronger against the euro and weaker against the dollar, as investors wait for the result of tomorrow’s interest rate decision, and concerns over the UK’s position post-Brexit continue. Boris Johnson’s decision to accept some use of...
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by Christopher Nye | Jan 28, 2020
The dollar strengthened yesterday, as fears about the Chinese coronavirus pushed investors to safe-haven currencies. The virus has now killed 81 people and 2800 have been infected globally. Today, a series of data will be released for the US, including Durable Goods...
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by Christopher Nye | Jan 28, 2020
It’s been a quiet start to a busy week for the euro, with German business figures coming in slightly lower than expected. The euro is strong against the pound but weak against the dollar this morning, under pressure from the strong greenback and disappointing economic...
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by Christopher Nye | Jan 28, 2020
The pound held steady yesterday, but has weakened this morning as it braces itself for the Bank of England’s interest rate decision on Thursday. Despite a series of positive data last week, it’s still thought that the BoE could decide to cut rates. The markets are...
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