Beyond Currency

25 January 2021 - New variants slowing progress despite vaccinations


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"The UK remains in the midst of the Coronavirus Pandemic, but those businesses that are able to operate are beginning to feel the pinch of how Brexit is changing how business is done between Britain and the mainland.
Boris Johnson won the dubious honour of being the first European Leader to be contacted by the new U.S. President Joe Biden, although it seems that his call did not contain any encouragement for the PM regarding a trade deal between the two countries.
While the Government’s vaccination programme is now generating close to 500k inoculations a day, the Prime Minister and his Health Secretary face several tough questions this week: First, why hasn’t been more done to close the borders sooner? What is the most beneficial period between first and second injections? and how effective is the vaccine against the new strains of the virus?
The Health Secretary admitted yesterday that small numbers of the Brazilian and South African variants are present in the UK.
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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.
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