The pound is still struggling against the euro this morning after the Prime Minister’s announcement on Monday, which placed the nation in a third lockdown. The Governor of the Bank of England, Andrew Bailey, will speak later today and is expected to comment on the state of the UK economy.
The dollar has weakened after news that the Democrats have taken a lead in the Georgia run-off elections. The final outcome could be revealed today, which will determine which Party has control over the Senate.
PMI data is due to be released across the board today, which will provide an insight into how the UK, EU and US economies performed in December.
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