Pressure on sterling in the wake of Boris Johnson's Plan B restrictions has continued after the pound fell to a 2021 low yesterday.
Sterling remained close to 1.32 versus the US dollar as traders said the new curbs made it increasingly unlikely that the Bank of England will increase interest rates next week.
The relief rally for stock markets on hopes that the Omicron variant is not as severe as first thought also appears to be fading, with the FTSE 100 index under pressure and leisure stocks including Cineworld falling sharply today.
