Germany’s success against Covid-19 has caused envy and soul-searching in many countries, including France and the UK, but a flare-up in Berlin has caused a draconian lockdown behind barbed wire. Could it spread?
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Sterling strengthened marginally yesterday, by around a third of a cent against the euro but rather more than a cent against the US dollar.
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It’s widely expected that the Prime Minister will announce today that the UK’s lockdown will ease further, with the current two-metre rule potentially to be reduced from 4 July. That will enable pubs and cafes to open in…
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The pound ended last week at its weakest against the euro since late March. It’s hard to see much prospect of sterling strengthening in the week ahead either. Even ‘non-essential’ shops were able to open this weekend. It…
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The pound ended Friday on a weaker note as it continued to process the Bank of England’s decision on interest rates. They decided to boost their quantitative easing programme to help the economy through the coronavirus crisis.
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The euro briefly rose against the dollar on Friday as the European Council Summit got underway. Leaders of EU member states met virtually Friday to find a compromise on how a coronavirus rescue package should be managed.
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The dollar finished last week in a strong position against the pound and the euro. It was still benefitting from ‘safe-haven’ demand due to fears of a second COVID-19 wave.
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The pound ended last week on a soft note as it continued to process the Bank of England’s decision to boost its quantitative easing programme. Meanwhile, the Prime Minister announced on Friday that the government department responsible for…
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