News that ‘Plan B’ restrictions will come into place tomorrow and next week has prompted sterling to lose value against most currencies.
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Sterling is weaker against both the euro and the dollar this morning following the announcement yesterday that ‘Plan B’ restrictions will be introduced in England. The Prime Minister’s press conference revealed that mask wearing will be required in…
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The dollar has edged lower this morning against a basket of currencies, as investors turn to risker currencies amid a ‘risk-on’ market mood.
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Data released yesterday revealed that economic sentiment for the Euro Area rose by 0.9 points to 26.8 in December, its highest since September. Today, there will be several speeches from European Central Bank officials.
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The pound recovered slightly against the euro yesterday but edged lower again in the evening and this morning.
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After recovering slightly yesterday, the pound has weakened against the euro this morning despite an improved market mood. A report from the WHO released today reveals that vaccines should work against the Omicron variant. Although the vaccine is…
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Sterling continues to veer erratically this morning, like a Downing Street employee’s progress along Whitehall after a Christmas party that definitely didn’t happen. The betting on Omicron seems to be that not only is it not a gamechanger,…
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The dollar’s Omicron-inspired run of strength appears to have run its course for now, with the euro recovering nearly 1%.
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