It’s been a volatile weekend for the pound and euro as the European election results were announced. This looks set to continue, with the Brexit Party gaining the largest votes share in the UK and mixed gains between populist and Green parties throughout the European Union.
Theresa May announced her coming resignation last week, and now almost all senior Tories have joined the leadership race. This could mean a significant change in approach to Brexit – but how it will differ remains to be seen.
Meanwhile, Trump is turning his attention to Japan, putting pressure on them to reduce their trade surplus with the US, while trade negotiations between America and China continue.
You can protect your money against this risk. Simply lock in your exchange rate with a forward contract by speaking to your Personal Trader today on 020 7898 0541.


