Positive data from the UK, EU and US show that economies made some recovery in May and June. However, with rising infection rates in the US and localised lockdowns in the EU and UK, there are fears that this progress could be hindered.

Ahead of an announcement from Chancellor Rishi Sunak tomorrow, the UK government has pledged to support trainee jobs and the arts with new funding packages. As Brexit talks continue in London this week, the pound could react to any news about how these have progressed.

forward contract offers a simple way to protect your money by securing you the same exchange rate for up to a year. Find out more by calling your Personal Trader today on 020 7898 0541.

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