The pound ended yesterday with a small downward tick, after Dominic Raab confirmed that lockdown measures would stay in place for at least three more weeks. Despite the coronavirus crisis, the UK government has also said that it…
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The dollar was stronger yesterday and is up this morning as safe-haven currencies are in favour once again. This was due to news that the global economy is expected to shrink this year. Retail sales in the US…
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It was a choppy day for the euro against the pound yesterday, after almost hitting a month low earlier in the week. German inflation this morning has shown a small drop and the markets are expecting European industrial…
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The pound lost some of its gains yesterday and is still weak this morning, as optimism surrounding the coronavirus crisis waned. This came as the International Monetary Fund predicted that the global economy is expected to shrink by…
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The pound came under pressure yesterday evening, with the effects of optimism over the results of lockdown in the UK seeming to shrink, as Matt Hancock warned that the country is still a way off the peak. The…
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The pound strengthened to its highest against the euro and US dollar for over a month yesterday. Although it has slipped back a little since then, it’s still a positive sign when you consider we were knocking on…
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The dollar was weaker yesterday as global risk sentiment improved, meaning that investors began to move away from safe-haven currencies. However, it is stronger this morning due to prevailing global economic worries.
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After protracted negotiations, EU leaders have come to an agreement for a €500 billion emergency loan finance package to help fight the economic disruption of coronavirus. The idea of common ‘coronabonds’ has, for the moment, been shelved following…
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