by Christopher Nye | Dec 24, 2021
The euro is trading around similar levels against the pound but has strengthened slightly against the dollar. With little eurozone data for support, the single currency is taking its direction from sterling and dollar movements. The World Health Organization’s...
read more
by Christopher Nye | Dec 24, 2021
The pound surged yesterday, reaching its strongest level against the euro in four weeks. This morning it is still strong against both the euro and the dollar. This strength came from news that the Omicron variant may cause milder illness than the Delta variant, with a...
read more
by Christopher Nye | Dec 24, 2021
The pound saw big gains yesterday, reaching its strongest level against the euro in four weeks. This surge followed news that the Omicron variant appears to cause milder illness than the Delta variant and is less likely to cause hospitalisations. In other news, the...
read more
by Christopher Nye | Dec 24, 2021
The dollar is weaker this morning following continued news that the Omicron variant may not be as severe as initially thought. Yesterday, the US also saw record inflation figures. US PCE inflation, which measures price changes in consumer goods and services, rose by...
read more
by Charles Purdy | Dec 23, 2021
The dollar is weaker this morning due to new reports that the Omicron variant could be less severe than Delta. Investors have turned away from the safe-haven greenback in favour of riskier currencies. Positive GDP figures were released for the US yesterday, with GDP...
read more
