The markets will be listening closely to comments following the European Central Bank’s monetary policy meeting, which is due to take place this afternoon.
Several ECB officials have recently suggested that stimulus measures should be tapered soon. If this rhetoric continues, the euro could be impacted.
The pound is still weaker due to the news that the government will increase tax to fund health and social care. Yesterday evening, MPs voted in favour of this.
Meanwhile, the dollar has strengthened due to concerns about economic growth globally.
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