The pound is weaker against the dollar this morning ahead of a series of key data releases across the board.

PMI figures will be released for the UK, EU and US today, giving an indication of how each economy has performed so far in March. The markets will be watching closely, and any surprise data could impact currencies.

Three summits will take place in Brussels today to discuss support for Ukraine. President Biden will attend NATO, G7 and EU meetings and Ukrainian President Volodymyr Zelensky will appear by video link to both Nato and EU leaders.

After Chancellor Rishi Sunak revealed his Spring Statement yesterday, critics say that the government isn’t providing enough support for struggling businesses and households.

Make sure any upcoming transactions are protected against the risks of sudden market movements. Secure a fixed exchange rate now with a forward contract; call your Personal Trader on 020 7898 0541 to get started.

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