With yesterday a quiet day for economic releases, the pound was still choppy after Boris Johnson raised worries of the UK exiting the transition period without a trade deal – thereby defaulting to WTO terms, including tariffs.
This morning, services PMI data from the Eurozone has come in largely as forecast, with a slight uplift. The markets will be looking forward to services PMI data for the UK later this morning.
The dollar looks ahead to some key data releases today, including Balance of Trade, imports and exports.
Don’t leave your money open to uncertainty. Speak to your Personal Trader on 020 7898 0541 about how a forward contract can lock in your exchange rate for up to twelve months – so you always know how much you’re paying.
