Home » Currency Note » Currency Note » Markets await first December election

We’re into the crunch period for the upcoming election, with just four days to go. The pound is strong this morning as the latest poll shows that the Conservative Party have extended their lead ahead of Labour.

Unexpectedly poor German industrial figures put more pressure on the euro at the end of last week, and the markets are looking closely to the interest rate decision coming this Thursday – although it may be overshadowed by the UK election.

Better-than-expected non-farm payroll data helped to boost the dollar last week after five days of poorer performance.

This is an extremely volatile week ahead of us, and no poll can truly predict what’s going to happen with completely certainty. Don’t gamble on the risk – protect your money today with a forward contract to lock in your exchange rate. Speak to your Personal Trader on 020 7898 0541 to find out more.

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