The dollar was looking slightly weaker against the pound yesterday, despite positive data releases. It is still weak this morning as investors are hoping for more financial stimulus measures to be introduced this month.
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Today, we can expect speeches from ECB officials, as well as inflation rate data. The European council meeting will also start today. Member states are expected to continue discussions surrounding the controversial coronavirus recovery fund.
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The pound is weaker again this morning. Any news of how Brexit talks have progressed (or have not progressed) this week is expected to impact the pound.
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Sterling looks weaker against the euro and the dollar this morning and any news of progress with Brexit talks may affect the pound today. The Prime Minister is also due to give a briefing at Downing Street, and…
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Following this positive vaccine news yesterday, the dollar weakened to a one-month low as investors turned away from safe-haven currencies, such as the greenback. However, concerns such as rising infection rates and increasing US-China tensions still remain, so…
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Positive vaccine news also strengthened the euro yesterday and it is still strong against the pound this morning. This, coupled with Europe’s general sense of control over the virus due to effective lockdowns, has supported the single currency.
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The global markets have dipped again today and as we have seen recently, sterling tends to move in tandem with the markets, meaning it is weaker this morning. Any news of a Brexit breakthrough could give the pound…
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After a brief recovery, the pound is weaker again this morning. Reports that the COVID-19 vaccine is yielding positive results in clinical trials improved market sentiment yesterday, supporting both the pound and the euro. However, the markets have had…
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