The pound continues to strengthen against the euro and is stable against the dollar as the number of people who have received at least one dose of the vaccine reaches 2.2 million, and 24/7 vaccination centres are promised.
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Sterling remains strong this morning as the number of people who have received vaccinations continues to rise and 24/7 vaccination centres are promised.
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The dollar is marginally lower this morning, after its strength at the beginning of this week due to rising Treasury yields and the promise of more economic stimulus.
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President of the European Central Bank, Christine Lagarde, said in a speech yesterday that the ECB will be “extremely attentive” to the impact that exchange rate has on prices.
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Sterling is stronger against the euro and the dollar again this morning due to news of infection rates coming down and the vaccine rollout underway.
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The pound is still strong this morning as it continues to benefit from the Bank of England governor’s assurance that interest rates won’t be cut at the next monetary policy meeting. The vaccine rollout, which is now accelerating,…
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The dollar has weakened this morning as the previous support from US Treasury yields has drifted. It has also fallen due to comments from Federal Reserve officials suggesting that they will continue to support the economy with monetary…
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The euro is weaker against the pound and stronger against the dollar this morning, unfazed by the German Chancellor’s announcement that the lockdown there could be extended.
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