The pound strengthened against the euro and the dollar yesterday following the government’s announcement on Monday, which revealed that most Covid restrictions are likely to be lifted on July 19.
This was followed by a series of announcements, including new rules on self-isolation and face masks. Whilst face masks will no longer be mandatory, individual businesses will have the power to enforce the wearing of masks if they wish.
The euro weakened yesterday following some disappointing data from Germany. In the US, investors are looking ahead to the release of the Federal Reserve’s latest meeting minutes, which will come out this evening.
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