Hearing the news yesterday, and the yawning gulf between how the EU and UK see a trade deal, you might have been surprised to see the pound strengthen against the euro yesterday. The UK wants a trade deal…
Read more
›
Sterling is still up against the euro, despite losing a little ground to worries over the trade talks after France’s Foreign Minister said that the two sides would ‘rip each other apart’.
Read more
›
The dollar was strong against the pound the euro yesterday, possibly due to continued safe-haven demand due to the coronavirus and a strong US economy. Despite reports that the number of cases have fallen, the World Health Organisation…
Read more
›
The euro regained some of its ground against sterling yesterday, but dropped to a near 3 year low against the dollar ahead of today’s economic releases. Expectations are mixed; although the eurozone as a whole is forecast to…
Read more
›
Sterling has lost some ground against the euro and the dollar this morning due to trade negotiation headlines, however, it still remains close to pivotal levels. French Foreign Minister Jean-Yves Le Drian said that the two sides would…
Read more
›
The dollar remained fairly strong at the end of last week, despite another month of contraction in US industrial and manufacturing production. Retail sales came in as expected at 0.3% however, showing moderate growth. A series of PMI…
Read more
›
The euro ended last week down against the pound, after a disappointing week of economic data. On Friday, eurozone growth figures reached a seven-year low, while German quarterly growth stagnated at 0, below market expectations. There had been…
Read more
›
After reaching a three and a half year high against the euro last week, the pound weakened slightly on Friday afternoon. It was originally boosted by the prospect of increased government spending as a result of Rishi Sunak…
Read more
›
