Today would have been the final day of the Brexit deadline, but Parliament is still deciding what it wants. Andrea Leadsom announced yesterday that a third vote, albeit modified to include just the withdrawal agreement, would go ahead on the Prime Minister’s vote today. Thus far, however, it seems unlikely to pass, as the DUP is still signalling its opposition.
Brexit uncertainty has helped to keep the euro strong against the pound, despite poor economic performance releases, including business confidence coming much below expectations. Could it be a sign of a continued downturn?
The volatility of the last week is set to continue today and into next week, at least – so don’t leave the safety of your money to chance. We will completely remove the risk of sudden changes to the markets by fixing you in today’s exchange rate for up to twelve months. This is called a forward contract; call your Personal Trader on 020 7898 0541 to find out more.
