The pound is slightly stronger against both the euro and the dollar this morning ahead of key events, which are due to take place at the end of this week.
Tomorrow, the Bank of England will announce its latest decision on interest rates and release the meeting minutes from its monetary policy meeting. No changes to policy are expected, but as always, the markets will be looking out for any comments from Governor Andrew Bailey and officials.
We should see the results of elections on Friday and over the weekend, with the future of the Scottish independence movement of particular interest. Scotland’s first minister, Nicola Sturgeon, has said that the SNP will have the right to hold another independence referendum if they win a majority in Scotland.
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