The pound ended yesterday down against the euro and dollar. The former was boosted by unexpectedly positive figures out of Germany, despite coronavirus fears in Italy. Sterling is slightly stronger against the euro this morning, however, as German GDP data missed expectations.
Meanwhile, the virus fears in Asia helped the dollar, with investors increasingly moving to safe havens.
Today, we will see a small number of economic releases, including US house prices, with more impact expected to be political and coronavirus-related, if there are further developments.
The EU are expected to reveal their negotiating mandate today, and the UK is expected to announce theirs on Thursday.
Make sure to lock your money in against this uncertainty with a fixed rate. Call your Personal Trader about a forward contract on 020 7898 0541 to get started today.
