After weakening since the beginning of the week, the pound is slightly stronger against the euro but still trading around lower levels against the dollar.
It was weighed down by dollar and euro strength, as well as Brexit woes. The UK government tabled a bill on Monday, which would allow parts of the protocol to be changed to avoid carrying out checks on certain goods. The bill was backed by MPs, despite warnings that it breaks international law.
Today, governor of the Bank of England, Andrew Bailey, will speak at the European Central Bank’s forum in Sintra, Portugal today. The markets will be listening for any comments surrounding monetary policy and interest rates.
