The pound is slightly stronger against the euro and the dollar this morning after the global markets recovered from their slump throughout the course of yesterday.
Brexit tensions could be on the rise after the UK’s chief negotiator revealed yesterday that the government wish to renegotiate some elements of the Northern Ireland Protocol. However, the EU has already rejected this and said that the Protocol would never be up for renegotiation.
The European Central Bank will hold a press conference later following its latest monetary policy meeting. The markets will be listening closely for any change of stance or policy following the ECB’s inflation target shift.
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