"Many commentators are looking for the Government to provide further support for the hospitality industry which is still seeing outlets closing in major cities as working from home becomes the norm. Also, Holiday companies and the entire aviation industry is in serious trouble and craving support with activity not expected to return to normal until late 2023 at the earliest.

The Bank of England’s Monetary Policy Committee meets later today and is set to hold fire on any further boost to the economy until Chancellor Rishi Sunak firms up his fiscal planning."

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.