The pound is up against the euro this morning after a choppy day, perhaps boosted by better-than-expected consumer confidence figures early today.
Boris Johnson’s tour of the UK continues today with perhaps the most crucial step, holding talks with the five major parties in Stormont, with the dual aim of restoring the Northern Irish executive and to press his case on the Irish border issue.
The euro had a choppy day yesterday, after business confidence figures hit their lowest level since 2013. Today’s GDP figures will likely see further movement.
In the US, all eyes are on the Federal Reserve’s rate decision, expected to be a 25 basis point cut, at 7pm today. The markets will also be watching closely for signals of any future rate cuts.
Make sure to lock in your exchange rate today with a forward contract. Speak to your Personal Trader on 020 7898 0541 to find out more.
