The pound recovered a little of its losses against the euro yesterday. The first round of face-to-face trade talks in Brussels came to an end, with little unexpected. The two sides described them as constructive, but with plenty…
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The dollar was weaker yesterday as expectations for another interest rate cut from the Federal Reserve grew. This comes after the Fed cut rates by half a percentage point in an emergency move against the coronavirus. Markets are…
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The first round of face-to-face UK-EU trade talks are coming to an end, described as ‘constructive’ but with significant differences. The EU has also accused UK negotiators of approaching individual countries on a separate basis, warning that the…
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The pound remained strong against the euro and the dollar yesterday and is still strong this morning. Its recovery began when the incoming BoE Governor, Andrew Bailey, hinted that they won’t be rushing into a coronavirus related interest…
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After weakening due to the Federal Reserve cut interest rates on Tuesday, yesterday the dollar regained its strength. Fears that other central banks could follow suit and cut interest rates took hold. However, the greenback is slightly weaker…
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It was a positive start to the day for the eurozone yesterday, as Italian GDP came in better than expected, narrowly missing the expected stagnation point of 0% growth. Eurozone services and composite PMI also came in at…
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The pound is stronger against the euro and the dollar this morning as there wasn’t an interest rate cut from the Bank of England yesterday, as some had feared. Incoming Bank of England Governor, Andrew Bailey, said that…
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The pound regained some of its strength against the euro and dollar yesterday, as any indication of a rate cut from the Bank of England, as some had feared, did not materialise. Nonetheless, there is still uncertainty over…
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