Sterling maintained its strength yesterday and is still strong this morning ahead of the Prime Minister's cabinet reshuffle. Most of the cabinet have only been in their positions since the Conservative leadership race in July and whilst senior figures…
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The pound is still up against the euro as Boris Johnson begins his first cabinet reshuffle, although senior figures are not expected to be impacted. It’s thought that the composition of ministers chosen could determine the course of trade…
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The pound strengthened against the euro yesterday on news that something didn’t happen and something will happen in about 10 years time. What didn’t happen was the economy shrinking in the last quarter of 2019, as had been…
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The dollar broadly retained its strength yesterday, as investors are turning to the greenback for its safe haven status. This comes during the coronavirus outbreak, and due to the fact that the markets are pricing in both a…
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Euro is still down against the pound, after last week’s poor economic figures. Today’s industrial production figures are expected to show a drop compared to last year, even if monthly figures do re-enter the green. Tomorrow, we will…
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Sterling enjoyed an uplift yesterday after better than expected GDP data, but remained around its lowest levels for the year as trade talk uncertainty continues to weigh.
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The British economy grew faster than expected over the last year, according to yesterday’s annual figures, giving the pound a boost against the euro. Nonetheless, weakness remains due to concerns over the upcoming trade talks.
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Increased concerns about the coronavirus strengthened the dollar yesterday, as investors once again turned to safe haven currencies. It was down against the pound but hit a four-month high against the euro. The World Health Organisation has said…
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