The euro was in a strong position against the dollar yesterday and stayed at similar levels against the pound. This morning, ECB official Luis de Guindos will give a speech ahead of the release of the ECB’s latest policy meeting minutes, which will come out on Thursday.

Some airlines have begun to cut down their flights from the UK for September and October, as demand has recently weakened. This comes due to worries over infection rates in Europe and the re-introduction of mandatory 14 day quarantines from countries such as France and Spain.

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