The pound is still at strong levels against the euro and the dollar on hopes of a Brexit breakthrough. Reports suggest that negotiators are urgently seeking compromises to key issues, such as fishing rights and the level playing field. Talks continued late into last night and are expected to resume today.
Employment figures for November will be released for the US today. Despite high death tolls and infection rates in the US, the safe-haven dollar is still weak due to optimism for a stimulus package and hopes for an imminent vaccine rollout.
It could be crunch time for Brexit, so take this opportunity to make sure any upcoming transactions are protected against the risks of sudden market movements. Secure a fixed exchange rate now with a forward contract; call your Personal Trader on 020 7898 0541 to get started.
