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money-matters-general-election-and-brexit

What could a stronger Conservative mandate mean for Brexit negotiations?

By HiFX  /     Jun 01, 2017  /     Money Matters  /     0 Comment

When Theresa May announced a snap General Election on 18th April, less than a month after triggering Article 50, it was assumed that the forthcoming Brexit negotiations would form a large part of the discussion. The outcome of the General Election on 8th June will determine who will be representing the UK at the negotiating […]

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money-matters-factors-influencing-exchange-rates

Five factors influencing foreign exchange rates

By HiFX  /     May 17, 2017  /     Money Matters  /     0 Comment

As well as determining the value at which one country’s currency converts into another, the Foreign Exchange rate (ForEx rate) is one of the key indicators for measuring a country’s relative economic strength. A variety of economic, political and market pressures can cause the exchange rate to fluctuate, which is why anyone sending or receiving […]

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money-matters-trump-100-days

President Trump’s first 100 days

By HiFX  /     Apr 27, 2017  /     Money Matters  /     0 Comment

Donald Trump first made his name as a billionaire businessman who bulldozed his way through boardroom negotiations. More recently, he was the firebrand political campaigner who beat the odds with his rousing populist rhetoric. Now, as President Trump, he has had to come to terms with the realities of political office and Washington’s byzantine bureaucracy. […]

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money-matters-general-election

What will the UK General Election mean for your international money transfers?

By HiFX  /     Apr 20, 2017  /     Money Matters  /     2 Comments

This week’s surprise announcement by Theresa May prompted quite a reaction in the Pound, rising almost 3% against the Dollar to a six month high. This was one of Sterling’s best days since the EU Referendum last June, causing banks such as Deutsche Bank and Credit Suisse to scrap their predictions that the currency would […]

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How to plan your dream wedding overseas

By HiFX  /     Feb 22, 2017  /     Money Matters  /     0 Comment

A UK wedding can be a costly affair, setting the average British couple back as much as £25,000. It’s no surprise then that increasingly couples choose to avoid the high costs of a UK wedding by heading overseas, where costs tend to be more in the range of £6,000 to £7,000. One survey has suggested […]

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Super Thursday fails to deliver anticipated boost to Sterling

By HiFX  /     Feb 02, 2017  /     Market Updates  /     0 Comment

This morning, the Pound was rising on expectations that the Bank of England would raise its growth and inflation forecasts at today’s Monetary Policy Committee meeting. But despite a mostly positive message from the Bank of England, the markets were disappointed by what they heard and the Pound dropped against both the Dollar and the […]

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Markets breathe a sigh of relief as May provides Brexit clarity

By HiFX  /     Jan 17, 2017  /     Market Updates  /     0 Comment

The six months since the UK voted to leave the EU have been dominated by uncertainty around what Brexit actually means. This vacuum of information has generally resulted in downward pressure on the Pound. But today Theresa May has relieved some of this pressure with a confident yet amiable speech about the UK’s objectives and […]

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money-matters-cost-of-living

Comparing the costs of moving abroad: EU vs. the Commonwealth

By HiFX  /     Jan 10, 2017  /     Money Matters  /     0 Comment

On the day after the EU Referendum results, there was a spike in Google searches for the term “how to emigrate”. These were accompanied by a number of searches from people thinking about moving to specific countries; France, Ireland, Australia and Canada were some of the most popular choices. Recent figures have revealed there was […]

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