The vote count for the US election continues, with Biden taking the lead so far and winning in key states such as Wisconsin and Michigan. Some swing states, such as Nevada, are yet to release their results and could be key in indicating who will be President.
The pound has strengthened this morning on news that the Bank of England will boost their quantitative easing programme by £150bn. This will help the UK economy cope with lockdowns and closures due to the second COVID-19 wave.
The race isn’t over and further US election news has the potential to impact currencies. With this in mind, please do ensure that any upcoming transactions are protected against sudden market movements.
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