It’s going to be a volatile few weeks ahead for the pound, as the selection of a new Tory leader begins. With such a high number of candidates, a television debate and the direction of Brexit riding on the choice, the markets will be watching closely.
It’s been a mixed bag of economic releases for the eurozone recently, and Italy has now been threatened with a three billion fine for breaching deficit rules. Today, we will see German unemployment data and Italian manufacturing confidence.
The dollar is strong today, benefitting from the weakness of the pound and euro. There is so far no further progress on US-China trade talks.
Protect your money from the uncertainty on the horizon with a forward contract. Speak to your Personal Trader on 020 7898 0541 today to find out how.
