Beyond Currency

6 August 2020 - Recovery no longer V-shaped


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"When Bank of England Chief Economist Andy Haldane made his prediction of a V-Shaped recovery it seemed from the data that has been released since that he was definitely on to something. The economy seemed to be recovering nicely and the Chancellor’s innovative schemes were being deemed a success.
What a difference a week makes. Despite the pound reacting positively to a weakening dollar and data which shows that there is a recovery, of sorts, happening, the spectre of a second spike is taking shape.
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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.
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Beyond CurrencyBy CurrencyTransfer

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