The government is to table a second motion for an election in the House of Commons today – but opposition MPs warn that they will not support it until the bill to prevent no-deal receives royal assent.
Meanwhile, whether even no-deal is off the table is uncertain, as French officials have said they would veto another extension under the current circumstances. While a lot of attention will be on Brexit this week, there are other important moments in the eurozone, including the ECB’s meeting on Thursday, expected to see a rate cut and announcement of a stimulus package.
It’s a mixed start to the day for the dollar, with expectations of a rate cut from the Federal Reserve on the up. Inflation and retail sales data this week will be closely watched, as they could give further indication of how the decision will play out.
Despite all this uncertainty, you can still protect your money from the vagaries of the markets. Simply lock in your exchange rate with a forward contract, so you know exactly how much you’re paying, no matter what. Speak to your Personal Trader on 020 7898 0541 to get started.
