The pound is strong this morning against the euro, dollar and other currencies, possibly due to a more positive outlook surrounding Brexit and the economy.
News that the US economy has fallen into recession has added to the dollar’s woes. With rising infection rates, challenges regarding the US’s stimulus package and a tweet from President Trump suggesting the upcoming election could be delayed, there’s no wonder that the greenback is feeling the pressure.
In Europe, we’ll see more data releases today, including GDP results for the Eurozone.
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