The dollar is on an upward, if choppy, trend against the pound this morning. Although fears over a China-US trade war are returning, for the moment it appears that investors are still preferring the dollar as a safe…
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The ECB’s survey of professional forecasters showed European GDP is expected on average to decline by 5.5% due to coronavirus. However, in a more positive sign, it is then expected to grow by a strong 4.3% in 2021,…
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Sterling has started this morning drifting against the euro, following reports at the weekend that business confidence is at an all-time low. The survey of CFOs by Deloitte showed 90% of CFOs saw a high level of uncertainty…
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The dollar ended yesterday up against the pound, with investors seeming to head to the US despite worries over returning tensions with China and poor economic data. Yesterday was a mixed bag for the UK, with 90% of…
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Uncertainty is weighing on the markets, as the US and China ramp up tensions over the origin of the coronavirus. America’s Mike Pompeo said on Sunday there is ‘enormous evidence’ that it came from a Wuhan laboratory, while…
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The dollar has started the week up against the pound, as lockdown begins to lift in more states, although concerns remain over the spread of the virus. However, there is still plenty of uncertainty, not least as the…
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After a poor week, euro ended up stronger against the pound, with a decline in global investor sentiment helping to push it up. It came after a week of more negative sentiment, with Eurozone GDP coming in at…
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The pound ended the month reversing some of its gains after a sell-off amid fears of a growth in US-China tensions. Sterling is sensitive to these trends, and a reduced appetite for risk has not done it any…
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