Charles Purdy
on May 24th, 2022 The pound has weakened against the euro but is trading around a two-week high against the dollar this morning ahead of PMI figures.
PMI figures – which indicate how the services and manufacturing industries are performing – are expected to decline in May.
In other news, UK Foreign Secretary Liz Truss has maintained her stance on rewriting the Northern Ireland Protocol. This comes despite warnings from US President Joe Biden that it could threaten a potential free trade deal with the US.
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