The pound is volatile this morning but remains at strong levels as there is still optimism that a Brexit deal can be reached. Issues surrounding fishing rights and the ‘level playing field’ remain, although there have been some reports of progress.
In the US, the clock is ticking for Congress to pass the long awaited stimulus bill before it goes on Christmas recess from Friday. The bill would help ailing businesses and households cope with the effects of the pandemic, amidst rising infection rates and an increase in restrictions.
As Brexit talks continue, we could see volatility for the pound over the coming days and weeks. Take this opportunity to make sure any upcoming transactions are protected against the risks of sudden market movements. Secure a fixed exchange rate now with a forward contract; call your Personal Trader on 020 7898 0541 to get started.
