US Dollar strength dominates FX markets and pushes GBP & EUR lower

The Dollar was definitely King over the last week- with strength going into the greenback preventing any real meaningful strength into Sterling and Euro. The main topics over the last week was vaccinations and lockdowns, predominantly the use of the Astra Zeneca vaccine which was halted in many countries due to concerns about a link between the vaccine and blood clots. After further investigation this has now been resumed again but it still seems in some countries there is still some concern around the AZ vaccine. Some countries in Europe have now gone back into lockdown which has been the main reason for weakness in … (full story)

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