Hopes for a V-shaped recovery from the Covid-19 pandemic came at just the right time yesterday, as the dreaded second wave emerged in Beijing. The cheap and available treatment, Dexamethasone, is reported to cut death rates by up to…
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Sterling rallied around lunchtime yesterday, briefly rising to the week’s high on news of a stock-market rally. The good news continued for the nation as a whole, as researchers in Oxford found a cheap and widely-available treatment, Dexamethasone,…
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The Eurozone’s swift recovery from coronavirus, the end of lockdowns and apparent saving of at least part of the summer season in the Mediterranean has boosted the single currency in recent days. News of a potential breakthrough –…
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Recently, the pound has been moving in tandem with the stock markets. As a result of this, it is slightly softer this morning against the euro and the dollar. However, at the beginning of this week sterling was…
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A senior economist from Yale warned last night that the dollar could decline by as much as 35% in the near future as the world begins to doubt “US exceptionalism”. As our quarterly currency forecasts show, such predictions…
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The dollar steadied yesterday and weakened this morning as demand for safe-haven currencies waned slightly. In its latest move to help the economy, the Federal Reserve pledged yesterday to start purchasing U.S. corporate bonds. This has improved market sentiment…
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It was a choppy start to the week for the euro. Balance of trade figures released yesterday showed that the Eurozone's trade surplus narrowed to €2.9 billion in April 2020.
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The pound is stronger this morning against both the euro and the dollar. This comes after the promise of 'intensified' trade talks between the UK and EU, as well as a boost in the stock markets.
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