2020 currency review
When 2020 dawned the world was a very different place to the one we’ve come to know now, with the coronavirus pandemic creating a year like no other.
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When 2020 dawned the world was a very different place to the one we’ve come to know now, with the coronavirus pandemic creating a year like no other.
Fears over the growing prospect of a Eurozone double-dip recession put the euro under pressure over the course of the last month.
The pound has traded in a wide range over the past four weeks as Brexit and rising coronavirus cases dominated headlines.
The pound suffered some dramatic swings in movement over the past month as the currency was dominated by Brexit headlines.
The pound skyrocketed on Monday, striking a new three-week high against the euro on the back of hopes of a UK-EU trade deal being struck this week.
The pound experienced significant volatility over the past month as renewed no-deal Brexit jitters quashed a recent recovery in Sterling sentiment.
Up to 75% of businesses in the UK are currently unprepared for Brexit, according to a recent study by the Institute of Directors.
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