Theresa May has just written to the European Union asking for a longer Brexit extension until 30th June.
The move comes as Parliament narrowly voted to avoid a no-deal – but it will still be up to the European Union to accept the extension, and there will be difficulties around the European elections.
It’s been a quiet day for the Eurozone, although the ECB meeting notes yesterday confirmed that rate hikes have been pushed back until 2020 at the earliest. In the US, the dollar edged higher as jobless claims fell to a multi-decade low.
It’s not too late to protect your money against volatility – speak to your Personal Trader today on 020 7898 0541 about how to use a forward contract to lock in the same exchange rate for up to twelve months.
