by Christopher Nye | Apr 23, 2019
The single currency’s steady rise against sterling over the past three weeks continues to belie the Eurozone’s poor economic performance and political troubles. The national calamity of Notre Dame burning down failed to unite France, with the gilets jaunes hitting the...
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by Christopher Nye | Apr 23, 2019
The pound continued its slide against the euro yesterday while the London markets were closed, slipping by around 30 pips. The causes of renewed uncertainty are entirely based around politics, since the economic data continues to stack up in sterling’s favour. This...
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by Christopher Nye | Apr 23, 2019
The pound dipped to its lowest point for a month over the Easter weekend, slightly below the USD1.30 level. This continued its surprisingly poor run of form from before Easter, when even far-above-expectation retail sales failed to make up for the continued Brexit...
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by Christopher Nye | Apr 18, 2019
After a brief drop yesterday due to positive Chinese economic data, dollar largely regained its ground against the pound and euro. The US trade deficit has continued to narrow, reaching its smallest point since June 2018, at $49.4 billion. Last month, the deficit was...
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by Christopher Nye | Apr 18, 2019
Euro strengthened early yesterday morning against the pound, although it was only brief. Eurozone balance of trade came in much better than predicted, at €17.5 billion instead of €12.3 billion. It’s been a relatively positive week for the Eurozone so far, although...
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