The pound is still at strong levels against the euro and the dollar this morning, despite the Prime Minister stating that the time left to reach a Brexit deal is in “short supply”. Talks continue this week ahead of the EU summit on Thursday when we could see the UK walk away from negotiations if a deal isn’t reached, or if significant progress isn’t made.
There will be a series of data releases today, including economic sentiment figures for Germany and the Euro Area and inflation rate data for the US.
The end of this week could spell volatility for sterling, so make sure your 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.
