The pound has strengthened against both the euro and the dollar this morning after a period of weakness over the last couple of days.
UK retail sales saw slower growth and recovery in February than was seen in January, with clothing stores being among the worst affected by lockdown.
EU leaders rejected the proposed vaccine export ban and instead indicated their intent to honour delivery contracts. The euro has regained a little strength against the dollar but continues to feel the effects of slow vaccinations and rising covid infections.
In the US, the job market appears to be recovering after initial jobless claim figures were the lowest since the start of the pandemic.
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