"With the market likely to be interested in the NFP data from the U.S. on Friday which coincides with a UK holiday, volatility could ramp up from a slow start today.

Acting in manner more like the Fed than the ECB, the Bank of England has taken up a watching brief as the Government deals with the fiscal necessities of the pandemic. This week’s MPC meeting may add further QE, it is unlikely to make it open ended like the Fed, but Andrew Bailey is sure to provide a greater degree of advance guidance than Christine Lagarde.

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Beyond Currency Market Commentary:

Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.