The pound gained ground against the euro yesterday after the Eurogroup’s 16-hour talks on a coronavirus rescue package reached a dead end on Wednesday morning. Sterling has also benefitted from Rishi Sunak’s statement that Boris Johnson is ‘clinically…
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The pound is stronger against both the euro and the dollar this morning, supported by news that Boris Johnson is ‘clinically stable’ and that his health is gradually improving. The Prime Minister has been in ICU since Monday,…
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For those of us who were meant to be going away on holiday this week, the lockdown will be a bitter blow (or a blessed relief, for those who secretly quite like staying at home). The arrival of…
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Hopes of progress being made against the coronavirus weighed on the dollar yesterday. The global financial markets started to stabilise again, meaning that the greenback weakened against the euro and dollar. However, the dollar is stronger again this…
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Euro has started the day down against the pound, after it materialised that EU financial ministers are still divided over a response to the coronavirus crisis.
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The pound faltered slightly yesterday due to news of the Prime Minister being taken into intensive care. However, improved global sentiment and good news about the state of the global financial markets has supported sterling against the euro.
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News that Boris Johnson is stable and not on a ventilator have helped the pound to regain some of the ground it lost early yesterday morning following reports of his admittance to an ICU. The euro is weaker…
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The pound weakened last night after Boris Johnson was taken into intensive care following persistent coronavirus symptoms. In the meantime, Dominic Raab will deputise, and is expected to chair this morning’s Covid-19 meeting. This comes after sterling briefly…
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