Despite rising cases of coronavirus infections and the spread of a new ‘more deadly’ variant, traders were optimistic about the UK’s vaccine rollout. It was also 0.15% up against the euro ( GBPEUR=X ) at €1.1312, an eight and a half month peak. […] Markets grew increasingly optimistic about the UK’s vaccine rollout, and increasingly pessimistic about the parlous state of the pandemic across the Channel. “The European Central Bank (ECB) jawboning, in the form of a new study into the euro exchange rate, also does little to help the common currency.” […] Around 2.4 million people have been vaccinated so far in the UK, with around 40% of over-80s receiving the jab and 23% of elderly residents in care homes. Seven mass vaccine centres have now opened in England as the government aims to offer vaccinations to about 15 million people in the UK by mid-February.
Click here to read the full article