Sterling has lost a little ground this morning to worries over trade talks after chief Brexit negotiator, David Frost, made a speech in Brussels yesterday.
Today is light on economic data: British unemployment figures are expected to show little change, but we might see a small drop in earnings. It’s just as mixed for the EU, with German economic sentiment figures expected to drop, and Eurozone-wide figures to rise.
Due to yesterday’s public holiday, we saw little movement in the US, although the dollar is still strong due to its safe-haven status in the midst of coronavirus worries.
Yesterday was quiet start to the week, but that won’t last. Make sure to secure yourself a fixed rate with a forward contract to protect your money for up to twelve months from exchange rate fluctuations. Speak to your Personal Trader on 020 7898 0541 to get started today.
