You have reached the cached page for https://www.bloomberg.com/news/articles/2021-04-08/-vaccine-euphoria-is-over-for-pound-bulls-as-rollout-hits-snags

Below is a snapshot of the Web page as it appeared on 3/29/2024 (the last time our crawler visited it). This is the version of the page that was used for ranking your search results. The page may have changed since we last cached it. To see what might have changed (without the highlights), go to the current page.

Bing is not responsible for the content of this page.

British Pound Sterling (GBP USD): Currency Falters as Vaccine Rollout Hits Snags - Bloomberg

In Currencies, Europe’s Vaccine Trade Is Now Reversing

Euro recorded biggest jump against sterling of 2021 on Tuesday
Hedge funds are closing bullish positions on U.K. currency

Covid-19 Vaccination Program In Some Of The U.K.’s Most Diverse And Deprived Communities — Photographer: Hollie Adams/Bloomberg

Have a confidential tip for our reporters? Get in Touch

Before it’s here, it’s on the Bloomberg Terminal

By Greg Ritchie, Jill Ward, and Vassilis Karamanis

April 8, 2021 at 12:00 AM EDT

Updated on

April 8, 2021 at 11:25 AM EDT

This article is for subscribers only.

Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.

Currency traders have reaped gains this year betting on the U.K.’s vaccine success and against Europe’s stumbles. Now that trade in going in reverse.

Have a confidential tip for our reporters? Get in Touch

Before it’s here, it’s on the Bloomberg Terminal