The pound continues to be impacted by Brexit news, with talks taking place in London and Brussels this week. There are still hopes that a deal can be achieved by mid-November. However, key sticking points need to be overcome.

The ECB will hold their latest meeting this week. Due to rising COVID-19 cases across Europe, it will be interesting to hear if they have plans for more stimulus measures to boost the economy. US Congress are still in the process of agreeing the terms of their own stimulus bill, which we could hear more news about this week.

Make sure any 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.

Want to know what could affect the pound, euro and dollar in the coming months? Our Quarterly Forecast outlines upcoming events and includes predictions from major banks. Download here!

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