Pound (£)

The Pound has remained strong across the board due to the strong vaccine rollout. With the number of second vaccine doses needed in April set to jump sharply, the market is waiting to see if these demands are likely to be met before deciding which way the Pound will go.

Euro (€)

Yesterday, Eurozone CPI flash estimates disappointed the market at 1.3% compared to 1.4% that was forecast which added further woes to the Euro. In addition, French President Macron has announced a one-month lockdown in an effort to curb virus cases in the country.

Dollar ($)

With US Treasury bond yields retreating, the Dollar has not attempted to strengthen further. US President Biden has announced a $2tn infrastructure plan and large corporation tax increases which have caused the greenback to remain volatile.