December was the busiest month ever for British supermarkets as tightening COVID-19 restrictions and the closure of restaurants, bars and cafés meant shoppers spent 11.7 billion pounds ($15.9 billion) on groceries, industry data showed on Tuesday. Market researcher Kantar said take-home grocery sales rose 11.4% year-on-year over […]
LONDON (Reuters) – November was the best month ever for UK grocery market sales, with 10.9 billion pounds ($14.6 billion) spent, as out of home eating and drinking was restricted by England’s second national lockdown, industry data showed on Tuesday. Market researcher Kantar said grocery sales […]
EUR/USD Current Price: 1.2127 German economic sentiment is expected to have contracted in December to -66. The American currency is still the weakest across the FX board despite a modest recovery. EUR/USD is bouncing from near 1.2100, in line with bulls’ dominance. Major pairs are […]
LONDON (Reuters) – British Prime Minister Boris Johnson said on Tuesday that Brexit talks were “very tricky” and that at some point London would have to decide if it was going for a no-trade deal exit. “The situation at the moment is very tricky,” Johnson […]
Free Trade Agreement welcomed by likes of Blue Skies, with Britain importing £160m of fresh produce from Egypt in 2019 The UK has signed a trade deal with Egypt to strengthen political and trade ties between the two nations after the Brexit transition period. The deal […]
EUR/GBP weakness has accelerated sharply for a clear break of the 0.8966/46 uptrend from late April, as well as importantly the 200-day average at 0.8926 on a closing basis. Critical now is the 0.8866/64 key price pivot, below which the pair should, at last, confirm […]
United Exports defends its reputation in South Africa, as Ross Berries denies licensing breach over OZblu varieties Australian group United Exports has embarked on a major PR campaign in support of its reputation in southern Africa, amid an ongoing legal dispute with South African producer […]
The Duchesse strawberry is an aromatic flavour bomb and is increasingly grown in France instead of the Clery variety. But also further north, this short day variety seems to hold great promise for growers. “The Duchesse, which we have grown in Planasa’s French breeding program, […]
EUR/GBP remains on the back foot, around 0.9030, down 0.46% intraday, and a clear break of 0.9026/05 should allow weakness to accelerate sharply, with next support at 0.8934, as the Credit Suisse analyst team notes. Key quotes “With the short-term downtrend from mid-September still intact, today […]
The dollar edged higher in early European trade Wednesday, holding on to recent gains following doubts about how quickly a Covid-19 vaccine will come to the market, prompting a more risk averse trading environment. At 2:50 AM ET (0650 GMT), the Dollar Index, which tracks […]