GBP: Omicron variant is centre of attention

The pound fell sharply at the end of last week against a handful of currencies following reports of a new, and more mutated, variant of Covid-19. This morning, it has strengthened against the euro but is still struggling against the dollar. The government has...


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Markets monitor effects of Omicron variant

After falling sharply on Friday following the news of a new, more mutated, variant of Covid-19, the pound has regained some strength against the euro but is still struggling against the dollar. As of tomorrow, face masks will be mandatory in shops and on public...


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Pound begins climb back

After all the alarms went off on Friday when the Omicron variant hit the headlines, sending the stock market and sterling tumbling, this morning the pound has begun a climb back against the euro. It has already breached €1.18 in early trading. There is very little...


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