The pound is set to end the year in a strong position against the euro and the dollar, rising for four consecutive days against the greenback.
The euro has also reached four and a half month highs, whilst the dollar is still weaker due to reduced demand.
As the New Year approaches, consider how you’re going to protect your planned transfers and budgets for 2020. A forward contract can lock you in a fixed exchange rate for up to a year, at no extra fees, so your budget is ringfenced, no matter what happens.
