Finland’s Prime Minister, Antti Rinne has said that he and Emmanuel Macron have agreed that the UK should be given until the end of September to propose plans for a Brexit deal. This, however, has not been agreed by all EU nations. The European Parliament has reaffirmed its position on allowing a Brexit extension for reasons including preventing a no-deal – although France has previously said it might veto any lengthening of the deadline without further progress made.
There is still plenty of uncertainty around, as the case continues in the Supreme Court over Parliament’s prorogation, and the government continues to insist that the UK’s departure will happen on 31st October.
In the US, the Federal Reserve revealed another rate cut, causing the dollar to weaken this morning.
Don’t forget to lock in your exchange rate today to protect any upcoming transfers. Speak to your Personal Trader about a forward contract on 020 7898 0541.
