TGIF!
GBP
Still in lockdown, still having to adhere to social distancing, slight bottle neck in the vaccination immunisation programme:
As you can see from the data above whilst we are way ahead of the curve with the total vaccinations administered, we are coming last in the fully vaccinated race. Will this have an impact on Boris’ roadmap? Lets hope not..
EUR & USD
GBPEUR very much stuck in a rut.
GBPUSD definitely on its way down – nonfarm payroll figures out this afternoon will certainly give us an indication as to how the Americans are holding up. Payrolls forecast is that 182,000 jobs were added in February, thus USD very much on a winning streak again now we are trading well below 1.40. If you are a buyer we suggest looking at placing some cover here. Get in contact…
Have a good weekend!