The pound strengthened against both the euro and the dollar yesterday and is still stronger this morning due positive news about coronavirus infection rates. Figures show that China is beginning to emerge from the crisis, with the travel…
Read more
›
The pound is up this morning against the euro and dollar, after stricter measures were imposed in the UK and the latest figures from China and Italy appear to point to a downward trend in cases. European services…
Read more
›
There have been undoubted signs that parts of the business world are working well with the coronavirus restrictions. Stock markets on both sides of the Atlantic bounced back (the US at the fastest rate since 1933) and in…
Read more
›
The dollar is weaker this morning after the Federal Reserve took unprecedented steps to backstop a range of debt and introduced unlimited quantitative easing to mitigate the effects of coronavirus.
Read more
›
Euro was choppy against the pound yesterday, after consumer confidence figures hit a six-year low in the Eurozone. Fears of continued economic disruption, as elsewhere, continue, with many expecting France’s lockdown to be extended. In Italy, the rate…
Read more
›
The pound was volatile against the euro and the dollar yesterday as investors fled to safe-haven currencies, such as the greenback. However, sterling is stronger against the dollar this morning.
Read more
›
It was a choppy day for the pound yesterday against the euro and dollar, as fears over the impact of coronavirus on the global economy continued to heighten. However, sterling has stabilised slightly this morning. Consumer confidence in…
Read more
›
After a strong performance throughout most of the week, the dollar was weaker on Friday as the markets stabilised and the Federal Reserve released measures to ease global currency strains. However, it has made some gains again this…
Read more
›