The pound is strong against the dollar and slightly weaker against the euro this morning as Brexit and the US election continues to impact sterling. Negotiations are set to resume in London on Monday in the hope that a deal can be reached before the EU summit on the 19th of November.
Votes continue to be counted in the US and several key swing states, such as Nevada and Pennsylvania, are still yet to declare their results. The Trump campaign have filed several lawsuits and Trump himself has made claims that some votes are “illegal” but is yet to provide evidence for this.
The race isn’t over and further US election news has the potential to impact currencies. With this in mind, please do ensure that any upcoming transactions are protected against sudden market movements.
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