After a strong day yesterday, sterling is slightly weaker against the euro and the dollar this morning as it continues to move in tandem with the stock market. However, it’s thought that the UK’s speedy vaccine rollout will continue to support the pound.
It’s a busy day for data releases in the Eurozone, which will illustrate how the European economy has fared this month. At the Federal Reserve’s press conference yesterday, Fed Chair Jerome Powell said that the economic outlook in the US is still “highly uncertain”.
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