The eighth round of Brexit negotiations is due to begin this week between the UK and the EU. Tensions between the two sides are rising, however, after reports that UK ministers are planning to override part of the Withdrawal Deal. More news on how negotiations are faring this week could impact the pound.
The European Central Bank is due to hold a press conference after their latest meeting this week. Whilst no huge changes are expected, the rising euro and the bond buying program are expected to be discussed. The dollar is well supported this morning after a positive Non-Farm Payrolls report at the end of last week.
Make sure you lock in your exchange rate with a forward contract today, so your money isn’t affected by uncertainty. Speak to your Personal Trader on 020 7898 0541 to get started.
