Sterling hit a three-day high against the dollar yesterday, benefitting from the USD’s general weakness. It also saw a strengthening against the euro, as largely disappointing economic releases kept the single currency low.
US-China trade talks recommence today, with many hoping for positive developments. There are also rumours of Brexit talks in the UK moving in a more positive direction, although Theresa May is facing a challenge from grassroots activists in the Conservative Party.
It’s a busy week and no-one can quite predict what will happen; make sure to protect your money by locking in an exchange rate with a forward contract. Speak to your Personal Trader on 020 7898 0541 to find out more.
