The pound is strong this morning against both the euro and the dollar, after rising to a near 1-year high against the euro yesterday.
The combination of a successful vaccination programme and optimism over the UK’s economic recovery continues to boost sterling.
In their last meeting, the European Central Bank agreed that fiscal support continues to be a priority.
Looking to the US, the dollar remains weak as recent unemployment data was worse than expected.
Make sure any upcoming transactions are protected against the risks of sudden market movements. Secure a fixed exchange rate now with a forward contract; call your Personal Trader on 020 7898 0541 to get started.
