It’s thought that the government will again attempt to hold a meaningful vote on the Prime Minister’s Brexit deal today or tomorrow, after MPs instead voted in favour of the Letwin amendment on Saturday. The pound is lower this morning, and could be volatile this week as further events unfold.
The euro awaits the ECB’s decision on interest rates, which is due to take place on Thursday. The single currency could also be influenced by Brexit related developments.
This week, a series of economic data will be released for the US. The data could hint at the Federal Reserve’s stance on interest rates, which will be revealed at the end of the month.
Political uncertainty still dominates, which is why it’s wise to protect your money with a forward contract. Call you Personal Trader on 020 7898 0541 to get started.
