The dollar has continued to drop against the pound this morning. With optimism cautiously growing about a new treatment for coronavirus in the months to come, the appeal of safe haven currencies will lessen somewhat. A University of…
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Euro had a choppy week against sterling, ending slightly down against the pound after Eurozone construction output dropped substantially to -0.9%. Automobile sales also dropped 50%, according to figures published by ACEA. Meanwhile, there is more uncertainty ahead…
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Sterling held steady on Friday, after Dominic Raab announced that the UK would extend lockdown measures for another 3 weeks. The government also announced that it would extend the furlough scheme until the end of June, so ensure…
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The pound has started the week up against the euro and dollar, as the government announced last week that lockdown measures would continue for at least three weeks. Brexit talks are also set to continue via video conference…
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You’ll need to be very determined to see anything positive over the past month. But GBP has recorded a steady strengthening of nearly 10% against EUR and only slightly less against the USD. We’re now at a rate…
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The dollar maintained its strong position yesterday, as investors continued to opt for safe-haven assets. However, it's rally has eased this morning on news of a successful drug trial for a coronavirus treatment and also on hopes that…
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Euro is choppy as Brexit talks resume via video conference. The UK has said that it will not propose or accept an extension to this year’s transition period, sparking worries among investors in both the EU and the…
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The pound was still under pressure yesterday as the government confirmed that lockdown restrictions would continue. However, it has steadied against both the euro and dollar this morning.
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