Sterling is down against the euro and dollar, as investors continue to worry about the possibility of the UK leaving the EU without a trade deal in place at the end of 2020.
Manufacturing readings were a mixed bag yesterday, with UK data showing a drop month-on-month, and eurozone figures underperforming against expectations.
Optimism in the US over the signing of a phase one trade deal with China on 15th January has helped to keep the dollar up, although the markets will be looking closely to this evening’s release of minutes from the Fed Reserve’s policy meeting.
By securing a fixed rate today, you can ensure your money is protected from any sudden drops later on in the year. Speak to your Personal Trader on 020 7898 0541 today to discuss your options.
