"Unemployment data is due for release today in the UK. Rising jobless numbers are one of the unwelcome outcomes of the economic effect of the Pandemic.

Many businesses, particularly in the retail and hospitality sectors have seen cash reserves dwindle during the lockdowns and have now simply become unviable. Added to this, just what the new normal will look like is bringing its own level of uncertainty.

Rishi Sunak the Chancellor of the Exchequer was rightly praised for both the speed and efficacy of his plans to support the economy over the entirety of the Pandemic.

However, as his furlough relief and other measures come to an end, he must now put in place schemes to not only support but also stimulate the marketplace.

Retaining schemes, skills courses and fiscal benefits to business must be at the top of his list of priorities as the furlough scheme runs out.

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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.