The pound was strong against the euro yesterday, after the Brexit Party announced that it would not field candidates for any seats held by the Conservative Party in the 2017 election. This may make a hung parliament seem less probable, although there is still plenty of room for the unpredictable.
Euro was down against the pound, and later today we will see economic sentiment figures, expected to show a large drop from -23.5 to -32.5.
The dollar also weakened yesterday over continuing trade war uncertainty, and comments from Donald Trump called into question whether a ‘phase one’ deal really would be able to be signed by the end of the month.
There’s a lot of uncertainty ahead, so make sure to lock in today’s rate for up to a year if you’re making transfers over the coming months. Speak to your Personal Trader on 020 7898 0541 to find out more.
