The pound is strong this morning after trading at its highest levels since May yesterday. This comes as the Bank of England assured markets that negative interest rates would not be seen in the near future.

The euro continues to bear the brunt of Europe’s slow vaccine rollout despite retail sales surpassing forecasts.

In the US, the country’s vaccine programme stays on track and market optimism continues. Non-farm payroll data will be released later today and is expected to increase.

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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