The pound hit a six-month low on Friday, pushed down by data suggesting that the economy had contracted. Worries continue over no-deal, with fears raised that neither Boris Johnson nor Jeremy Hunt really has a workable plan.
The euro is up this morning after more positive German data than last week. Industrial production is up, albeit less so than the markets expected.
The dollar has dipped this morning after a slight rally on non-farm payrolls. The general consensus is still that the Federal Reserve will not make a significant cut to interest rates later this month.
Make sure to protect your money against the risk of the markets. Movement is constant, but you can ringfence your money with a forward contract, which locks in the same exchange rate for up to a year. Call your Personal Trader on 020 7898 0541 to find out more.
