After weakening against the euro and the dollar yesterday, the pound has recovered this morning on news that the Prime Minister will travel to Brussels this week in an attempt to secure a Brexit deal. He will meet with President of the European Commission, Ursula von der Leyen, after speaking with her on the phone yesterday.
The dollar is stronger this morning as COVID-19 infections continue to increase in the US, with more restrictions being introduced. The Eurozone awaits economic sentiment figures today, which will reveal expectations for Europe’s economy over the next 6 months.
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