"The UK still sees 20% of its total exports finding their way to the EU despite Brexit. The rise in cases of Covid-19 that have led to fears of a new wave with lockdowns already seen in some EU states is likely to have a knock-on effect on the UK economy.

While the country is coping well following the introduction of booster jabs, there may very well be economic fallout even if there is no significant spike in cases.

The bosses' union, the Confederation of British Industry (CBI), is holding its annual conference, with the leaders of both main political parties making speeches.

Prime Minister Boris Johnson fluffed his lines, making a shambolic speech. He lost his place and made a rambling, almost embarrassing attempt to ad-lib, at one point commenting on a trip to a children's theme park.

Sir Keir Starmer managed to stay far more on point, calling for a complete economic reset following Brexit and the Pandemic. He promised that a future Labour Government would ensure that young people are retrained to be ready to be able to find employment as the economy changes its basic identity.

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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.