The pound hit its highest against the dollar in nearly three years amid growing optimism about ending the UK blockade.It broke $ 1.39 on Monday, while hitting a nine-month high against € 1.147.More than 15 million people now have Covid jab for the first time, raising hopes that restrictions will soon be resolved and the economy begins to recover.Boris Johnson will formulate his plans for exiting the British blockade next Monday.[The pound] continues to reap the rewards of successful vaccine launches and the drive to reopen the economy," said Chris Turner, ING's head of global markets.The main UK stock index,
the FTSE 100, was also up on xo Monday, gaining 2.6 percent. On Monday, the prime minister said his plan to leave the lock was "cautious but irreparable".He said it would set a date target for the transition. "If we can," he warned, he warned that high rates of infection could delay.Britain has vaccinated more than 15 million people with a first dose and 500,000 with a second dose, the fastest per capita rollout by any major nation.Britain, which accounts for about 85% of the UK's population, also launched a hotel quarantine system on Monday. Passengers arriving from any "red-list" country from 33 countries will have to spend 14 days in their hotel rooms, subject to new border restrictions designed to stop the new coronavirus.
European stock markets also rose due to optimism about the release of the COVID-19 vaccine and new financial aid to the United States from Washington.Spain's Ibex 35 was up 2%, while the French Cac 40 was up 1.7%, the US market closed.
Oil prices hit a 13-month high, pushing stocks in energy companies such as BP and Royal Dutch Shell.Natural resource stocks benefit from the broader optimism that the global economy will recover and in turn, mineral demand will increase," said David Madden of CMC Markets.