The pound weakened against the euro and the dollar overnight but has found some support this morning. Brexit, COVID-19 and news about the UK economy continue to impact sterling’s movements. The EU summit will take place next week,…
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The dollar is stronger this morning as the initial buzz over vaccine trials has subsided and attention turns to the rising number of coronavirus cases in the US.
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The euro is weaker against the dollar this morning after President of the ECB, Christine Lagarde, gave a speech yesterday.
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The pound is slightly weaker against the dollar and the euro this morning, possibly due to nervousness surrounding Brexit talks.
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Figures were released this morning showing that the UK economy partially bounced back from recession in July to September. Despite this, the damage done by the pandemic hasn’t been reversed completely. The pound is weaker this morning, possibly…
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Against the euro, sterling is trading at around its highest rate since May this year. Against the US dollar we hit a two-month high yesterday, but the bigger story is that the pound hasn’t traded consistently at this…
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Dollar movements since Joe Biden claimed the presidential election have been relatively modest compared to the 5% drop following Trump’s surprise win four years ago, and that continues despite the positive vaccine news.
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There was little movement yesterday for EUR/USD, while the single currency slipped by around 1% against GBP. Data releases were mainly negative, notably the ZEW economic sentiment survey for both Germany and the EU as a whole.
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