After finishing last week in a strong position, the pound is still strong against the euro and the dollar this morning. However, it could be said that sterling has a lot to contend with this week, including the Bank of England’s latest interest rate decision on Thursday. Any views from BoE officials on the UK economy could impact sterling.
It’s a busy week of data for both Europe and the US, with a series of PMI data due to be released. Non-Farm Payrolls will come out on Friday, which will be a key indication of how the US economy is coping with rising infection rates.
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