Figures were released this morning showing that the UK economy partially bounced back from recession in July to September. Despite this, the damage done by the pandemic hasn’t been reversed completely. The pound is weaker this morning, possibly due to Brexit jitters ahead of the EU summit next week.
Today, President of the European Central Bank, Christine Lagarde, will host Federal Reserve Chairman Jerome Powel and Bank of England Governor Andrew Bailey in a panel at the ECB forum. It will be interesting to hear what these Central Bankers say about how their economies are coping currently and projections for the future.
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.


