15 October 2020 - Volatile Sterling recovers 1.30

"The pound had its most volatile day in terms of its range for over a month yesterday as the Government’s handling of the second wave of Coronavirus came in for some heavy criticism while Brexit negotiations provided a backdrop of uncertainty. It is now fairly certain that the Prime Minister ignored the advice he was given by his scientific committee about a circuit breaker lockdown to arrest the spread of the virus. It was suggested by SAGE members that a complete lockdown for two or three weeks would see infection rates be brought back under control and provide a level playing field across the entire country." Beyond Currency Market Commentary: Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.