The pound is up against the euro this morning, despite uncertainty over the UK’s timetable for easing lockdown restrictions.
It has also been helped by further concerns in the Eurozone of a protracted dispute between Germany and the European Commission, with officials saying they make take German to court if it does not fulfil its QE obligations, ruled against by a German court last week.
In the US, unemployment has continued to plumb record lows. However, the dollar is still up against the pound this morning, as some investors hope for something of an economic recovery as lockdown lifts.
These are uncertain times, but you can still safely make international transfers – if you plan ahead. Find out what the risks to be aware of are in our quarterly forecast, and speak to your Personal Trader on 020 7898 0541 to get started today.
