The pound has weakened this morning as the markets await this Thursday’s interest rate decision. The rhetoric is ramping up on the future trade talks between the UK and EU, with Leo Varadkar saying the UK will need to offer access to areas like fishing in return for concessions on financial services.
Fears about the spread of coronavirus in and outside of China are helping encourage investors into safe-haven currencies, and the dollar has consequently strengthened. Meanwhile, the impeachment trial continues, with former National Security Advisor John Bolton being called to testify.
There’s just a week to go until Brexit, and still a lot of uncertainty around the future of the UK’s trade deal with the EU. Find out what to look out for in the coming weeks and months with our Quarterly Forecasts.
As always, don’t hesitate to call your Personal Trader on 020 7898 0541 for further guidance or to make a trade.
