Oliver Mangan: Currency markets not immune to vaccines

The rapid roll-out of Covid vaccines in the UK has seen sterling rebound while the slow roll-out in the eurozone is proving a headwind for the single currency, given it is seen as holding back economic recovery

The euro, dollar and sterling could differ due to Brexit, the pace of eurozone vaccine rollouts and global economic growth. 

There were two significant moves on currency markets last week, with the euro dropping back below 88p versus sterling and $1.20 against the dollar.

Strangely, the moves were probably more about the UK and US currencies than the euro.