Warning to East Devon investors

The stock market is currently trading with sterling at a near sixth-month low, signalling potential trouble ahead for investors.

East Devon investors are warned that the currency is trading against the dollar at approximately $1.25 – close to the dip of $1.2481 at the end of last week.

Market analysts say many traders are shedding their sterling and investing in alternative assets such as gold.

A global slowdown in growth is likely to impact interest rates in the UK, prompting many investors to panic.

Brexit and the Conservative Party leadership contest are said to be adding to sterling’s woes.

Stay up to date – visit the London Stock Exchange.

About Author