* Graphic: Global FX rates in 2020 tmsnrt.rs/2egbfVh
* Graphic: Sterling with trade pressure from Brexit vote tmsnrt.rs/2hwV9Hv
LONDON, Jan 15 (Reuters) – Sterling rose against the euro on Friday, rubbing at a rate of almost two months, after data showed Britain’s national lockout in November was as damaging to the economy as expected.
The British economy traveled in November for the first time since the first COVID-19 lock was switched off last spring, but the monthly decline of 2.6% was less than expected. some analysts.
Sterling was at 88.93 pence at 0933 GMT, near the November 11 high of 88.66 pence caught in early morning trading, after data showing the impact of the national lockout in November.
“Sterling is performing well against the euro with better-than-expected GDP data this morning,” said Neil Jones, head of FX sales at Mizuho Bank.
Against a stronger dollar, sterling fell 0.3% at $ 1.3645, but was still close to the 20-month level of $ 1.3712 captured in the previous session.
Sterling has performed well this week as it expected to lose negative interest rates and hopes Britain’s economic recovery will accelerate as a result of its vaccine campaign strengthening the currency. -boundary.
Bank of England Governor Andrew Bailey has set expectations for sub-zero rates in Britain. [nL1N2JO0R6}
Market pricing for negative interest rates has been pushed back by nearly a month, with such rates now expected in June 2021, compared with May 2021 previously.
Following the completion of a Brexit trade deal in December, investors have turned their attention to Britain’s economy and its COVID-19 vaccination campaign.
Britain is set to step up coronavirus vaccinations with 500,000 doses a day by next week, the Financial Times reported on Thursday, citing a Scottish government document.
Prime Minister Boris Johnson has said Britain is in a race against time to roll out the inoculation programme, while tougher restrictions have started to have some effect on the spread of COVID. (Editing by Larry King)