The euro had a positive week against the dollar last week, strengthening by nearly 3%. This was mainly down to weakness from the greenback as Biden inched ahead in the US election.
Read more
›
The pound ended last week in a strong position against the dollar and weaker against the euro. Riskier currencies, which include the pound, strengthened as Biden increased his lead in the US election.
Read more
›
Vice President Joe Biden won the presidency of the USA on Saturday afternoon, although President Trump is mounting legal appeals against the result. Lawsuits are expected to continue through the month.
Read more
›
Trump’s lead in some pivotal states like Georgia and Pennsylvania is narrowing as more postal votes are counted. He has questioned the legality of votes, without providing evidence, saying “If you count the legal votes, I easily win. If…
Read more
›
Data released yesterday showed that the Eurozone's retail trade dropped by 2% from a month earlier in September, compared with market expectations of a 1% fall. It also slowed 2.2% year-on-year.
Read more
›
There are still hopes that a Brexit deal can be achieved by the 19th of November, despite key sticking points surrounding fisheries and the Level Playing Field remaining.
Read more
›
The pound is strong against the dollar and slightly weaker against the euro this morning as Brexit and the US election continues to impact sterling. Negotiations are set to resume in London on Monday in the hope that…
Read more
›
Nevada is a key swing state that is still counting their votes. 75% of the votes have been counted so far, with Biden narrowly in the lead. There is due to be an update about this state at…
Read more
›
