The pound is stronger against the euro and the dollar this morning, and one of the best performing currencies in this week leading up to Christmas.
This strength could be due to more reports that suggest that the Omicron variant is less severe than the Delta strain. Scientists have said that these findings are good news but also warn that a large wave could still overwhelm the NHS.
Sterling is building on gains from yesterday which came after the Prime Minister confirmed that there would be no further restrictions in England before Christmas.
It’s a light few days for economic data releases in the lead up to Christmas and the calendar is looking empty for next week also.
