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MILLBANK FX NEWS

Market strain, UK lockdown and the under performing GBP

There have been signs of strain across most markets in recent days, but the risk recovery came to a shuddering halt on Friday as US indices sold sharply lower. The Federal Reserve remains highly accommodating but is rightfully very cautious on the economic recovery....

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US sanctions on China and Brexit talks

US President Trump is threatening China with new economic sanctions as the already fragile relationship between the two superpowers sours further. Already vocal about China’s involvement in the spread of the COVID-19 virus, President Trump is now taking China to task...

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