The euro is trading around similar levels against the pound but has strengthened slightly against the dollar. With little eurozone data for support, the single currency is taking its direction from sterling and dollar movements.
The World Health Organization’s European head Hans Kluge has warned that the continent could see a “significant surge” in cases and that Omicron is now the dominant variant in both Denmark and Portugal.
He urged people to “boost, boost, boost” adding that “the booster is the single most important defence again Omicron”.
Germany’s new health minister Karl Lauterbach even suggested that a fourth vaccine dose may be needed to protect against Omicron.
