The pound is strong against the euro this morning as it continued to strengthen following the Bank of England’s monetary policy meeting last week, when officials said that they are likely to hike interest rates ahead of schedule.
Scotland has loosened most of its remaining COVID-19 restrictions today, with large outdoor gatherings now allowed and hospitality venues able to open at full capacity. However, there is still a requirement to wear face masks indoors and on public transport.
The dollar is strong against the euro this morning after a positive Non-Farm Payrolls report on Friday, which showed that the US economy added 943,000 jobs in July, beating market expectations. This is due to the US’ rapid vaccination programme and continued reopening of shops, restaurants and leisure activities.
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