The pound is in a weak position this morning, as it is still under pressure amid increasing expectations of a no-deal Brexit.
The possibility of rate cuts later this year are keeping the dollar low, whilst the euro is benefiting from the greenback’s weakness.
Hustings for the Conservative leadership race have already begun around the country, and are due to continue for the next few weeks. Any developments could have an effect on the pound, so don’t leave your money open to chance. Protect your budget by locking in your exchange rate for up to twelve months with a forward contract or calling your business trader on 020 7898 0500.
