The dollar is slightly stronger against a basket of currencies this morning, benefitting from its safe-haven status as the impact of Omicron is considered by the markets.
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Germany and Portugal are two of several European nations that have announced post-Christmas restrictions.
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GDP figures for the third quarter of this year came in this morning, showing that the economy expanded 1.1% on quarter in the three months to September.
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After weakening on Monday and Tuesday this week due to Omicron fears, the pound is stronger this morning. Yesterday, Chancellor Rishi Sunak announced a £1 billion fund for businesses who are struggling amidst the surge in Omicron cases.…
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After falling earlier in the week, the pound is stronger this morning against both the euro and the dollar. Sterling’s new-found strength comes from Chancellor Rishi Sunak announcing yesterday that struggling businesses in the hospitality sector can now…
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While the dollar has strengthened across the week, it has slipped in the past day or two as Omicron spreads in the country and the first death has been recorded.
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The euro strengthened slightly against most currencies yesterday and remains slightly ahead of GBP and USD on the week. This morning the report from GfK on Consumer Confidence for Germany showed a significant slip to -6.8, against an…
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The pound has fallen marginally but across the board following warnings of further Covid restrictions. It’s down between 0.1 and 0.35% compared to this time yesterday against all nine other major currencies except for NOK and NZD.
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