The new rule on quarantining when you arrive in the UK from Spain raises more questions than answers, not least for sterling. Will it be positive or negative? Looking at the most recent Covid infection graphs for Spain…
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The pound is strong against the US dollar this morning, benefiting from the greenback’s weakness. However, it is weaker against the euro as Brexit continues to weigh. Sterling strengthened towards the end of last week following a series…
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Despite remaining strong against the pound, the dollar weakened against most currencies yesterday on expectations that the US economy will recover at a slower pace than most other countries.
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Today, we’ll see a series of PMI data for France, Germany and the Eurozone. This should reveal more about the European economy and the pace at which it is recovering.
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Sterling weakened further yesterday after both David Frost and Michel Barnier laid out their remarks on how recent Brexit talks have progressed.
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As expected, remarks from both David Frost and Michel Barnier on the latest round of Brexit talks have confirmed that the two sides are still struggling to reach any kind of agreement. This has fuelled worries of a…
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The dollar remained weak against most major currencies yesterday, as positivity grew due to the EU’s coronavirus recovery fund. However, it is strong against the pound this morning after reports that tensions between the US and China are…
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The euro was strong against a variety of currencies yesterday, and is still strong against the pound and the dollar this morning. This was due to news that EU leaders have finalised their coronavirus recovery fund.
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