Pound stronger as Labour takes Peterborough

Results of the Peterborough by-election have been released this morning, defying predictions of a Brexit Party win. This has fared well for the pound as it continues to favour leaving the EU with a deal.

Despite making some gains yesterday ahead of the ECB rate announcement, the euro has lost out this morning due to a flurry of weak economic data. The dollar looks mixed ahead of Non-Farm Payrolls today.

Recent months have shown that the currency market can change dramatically from one day to the next. Please do protect your money against this volatility. Call your Personal Trader on 020 7898 0541 to find out more.

 

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