Despite a stalemate in Brexit negotiations after the EU summit last week, the markets are still holding out for talks to resume, possibly in the coming days. Michel Barnier has declared that the EU side is ready to start negotiations again, but the UK has been less forthcoming so far.

The euro is strong this morning after an auction of EU bonds took place to finance the €100bn SURE programme. In the US, the dollar is weaker due to increasing hopes of a stimulus package from Congress.

Take this opportunity to make sure any upcoming transactions are protected against the risks of sudden market movements. Secure a fixed exchange rate now with a forward contract; call your Personal Trader on  020 7898 0541 to get started.

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!

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