The pound is strong against the euro and the dollar this morning, rising on news that the UK and EU have agreed to engage in intense Brexit negotiations. After Chief Negotiator, Michel Barnier, acknowledged yesterday that concessions need to be made by the EU, David Frost invited the EU team to London to resume talks this week.

The second and final Presidential debate is due to take place this evening, ahead of the election on the 3rd of November. However, the dollar continues to be impacted by news surrounding the long-awaited stimulus package from Congress.

Take this opportunity to make sure any upcoming transactions are protected against the risks of sudden market movements. Secure a fixed exchange rate now with a forward contract; call your Personal Trader on  020 7898 0541 to get started.

Want to know what could affect the pound, euro and dollar in the coming months? Our Quarterly Forecast outlines upcoming events and includes predictions from major banks. Download here!

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