The US election is just days away and we could see large currency movements from the pound, euro and dollar as the results come in. The dollar is strong today, benefitting from its safe-haven status as COVID-19 infection rates rise on a global scale.
After more news of progress with Brexit negotiations, the pound is steady this morning. According to the President of the European Commission, talks are boiling down to the two contentious topics of fisheries and the Level Playing Field.
The European Central Bank hinted yesterday that they would introduce more stimulus measures at their December meeting as a response to the second coronavirus wave that is spreading across Europe.
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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!
