The pound has weakened further against the euro and the dollar this morning.
After the resignation of Andy Haldane as the Bank of England’s Chief Economist caused sterling to weaken, economists do not think this will affect sterling in the coming months.
Inflation figures for the eurozone are to be released later today and are projected to rise to levels not seen since January 2020.
In the US, things are looking up. Americans have returned to the shops in full force with retail sales figures surging in March. Unemployment has also fallen to the lowest level since the start of the pandemic.
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