"It continues to be likely that the UK will remove all Coronavirus restrictions on June 21st.
This will be considered a risk no matter the data that the Government sees over the period between now and then.
This will be considered a positive outcome given the efforts being made within the Eurozone to drive growth in their own services output post-Brexit.
Earlier this week, the OECD radically increased its forecast for the UK economy’s performance over the remainder of the year. It forecasts that full year growth will rise to 7.2% this year and 5.5% in 2022.
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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.