The pound hit a near six-week high on Friday against the euro. Against the US dollar, however, it fell nearly 2% over the past week. Recent gains against the euro – the result of more positivity around Brexit…
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The dollar is stronger this morning as it continues to benefit from its status as a safe-haven currency. GDP data released yesterday showed that the US economy grew at a record pace for the third quarter.
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The euro weakened after the European Central Bank made their latest announcement on interest rates yesterday. As expected, the ECB kept interest rates steady. However, officials said that they would look to introduce measures to help the economy…
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The pound is steady this morning amid more positive news surrounding Brexit talks. Despite the promising rhetoric, sterling has failed to rally, perhaps due to increasing global uncertainties.
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The US election is just days away and we could see large currency movements from the pound, euro and dollar as the results come in. The dollar is strong today, benefitting from its safe-haven status as COVID-19 infection…
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The dollar is strong this morning as rising coronavirus infection rates have sustained demand for safe-haven currencies. It’s a busy afternoon of data for the US today, with GDP figures, jobless claims and home sales data to be…
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The euro is weaker this morning on news of more restrictions across Europe, as leaders announced yesterday that both France and Germany will enter national lockdowns.
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The pound is strong against the euro and the dollar this morning due to positive Brexit news, raising hopes that a deal can be made soon. A report yesterday said that the two sides had resolved “some of…
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