GBPUSD at highest level since April 2018

GBPUSD at highest level since April 2018 150 150 Realm

GBPUSD has reached its highest level since April 2018. The Pound is reacting well to the UK’s vaccine rollout success with the US dollar weaker after jobs data on Thursday showed that initial jobless claims were above forecasts.

Eurozone composite PMI data just released by IHS Markit shows that business activity was slightly higher in February but continues to contract.

Janet Yellen, US Treasury Secretary, told CNBC on Thursday regarding the proposed US stimulus package, “I think the price of doing too little is much higher than the price of doing something big.”

 

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