Sterling has strengthened further against the euro this morning after reaching a one-year high yesterday. The UK’s vaccine rollout and hopes of economic recovery continue to support the pound. It has been reported that the vaccine programme will accelerate over the coming week.
It’s a crucial day for Biden’s $1.9 trillion stimulus relief package, as it will be voted on by the House of Representatives later after passing through the Senate last week. It is expected to be approved by the House and following this, Biden is due to sign it off and address the nation tomorrow.
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