The pound has hit a three-month low yesterday following widespread expectations that Theresa May’s deal will not pass through a further vote this June – meaning that yet more uncertainty is on the horizon.
The euro benefited from sterling’s weakness, and better-than-expected growth figures. In another positive outcome for the eurozone, Trump has indicated that his threatened tariff hikes will be postponed for six months.
Nobody can predict with certainty what’s going to happen in the next few weeks, so don’t leave your money open to volatility. Lock in a fixed exchange rate today with a forward contract, so you always know exactly what you’re paying – no matter how the markets move. Speak to your Personal Trader on 020 7898 0541 to find out more.
