Saturday October 24, 2020

Market Talk

We can’t lose sight of a drifting sterling while keeping an eye on the US

Ian Guider

Markets Editor

@ianguider
17th January, 2016
Cutting jobs is a short-term fix: C&C needs to know where it is heading

The weakening of the euro against the dollar and the British pound has been one of the little mentioned reasons for the rebound in the economy. It has helped exporting companies enormously and led to a surge in tourist numbers coming into the country.

As an economy that relies on global trade, currency movements matter a lot. At one stage last year it looked as if the euro was plunging to parity with the dollar...

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