The pound was weaker against both the dollar and the euro yesterday, partly due to reports that the government is abandoning hopes of a Brexit trade deal with the EU. The global markets are also suffering due to…
Read more
›
Today, we expect to hear more news of how the latest round of Brexit negotiations has progressed. It doesn’t look promising, as recent reports of a possible no-deal have put pressure on the pound. However, Downing Street sources…
Read more
›
It feels as though we’ve been hit by a barrage of news already this week! After a good start, the pound is weaker against the euro and dollar this morning. The euro has strengthened due to news that…
Read more
›
USD/EUR was weakened by the reaching of the EU deal, as well more bad news on the coronavirus outbreak.
Read more
›
The Euro hit its highest rate against the dollar for 18 months yesterday following good news on the EU Covid-19 rescue package. Although there was some short-term volatility as markets reacted to the news, and lingering concerns about…
Read more
›
The school holidays officially started in the UK this morning, finally, though you could be excused for failing to notice it. British government borrowing hit a new record of £130bn in Q2, the height of the lockdown, to…
Read more
›
The euro strengthened during the course of yesterday after the European Union agreed a more than €750bn coronavirus rescue package.
Read more
›
The dollar’s is weaker this morning due to positivity in the global markets, meaning that its safe-haven appeal has waned slightly.
Read more
›
