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market-update-interest-rates

Pound fluctuates on interest rate speculation

By HiFX  /     Jun 23, 2017  /     Market Updates  /     0 Comment

One year on from the EU Referendum, UK politics remain eventful, with the start of Brexit negotiations and the opening of Parliament with the Queen’s Speech both taking place this week. But while headlines have mostly focused on political events, currency markets have been more interested in a number of comments from the Bank of […]

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Could a Tory-DUP deal settle nerves on the currency markets?

By HiFX  /     Jun 16, 2017  /     Market Updates  /     0 Comment

When Theresa May announced she was calling a snap General Election, most analysts predicted a Conservative landslide and a possible wipe-out for the Labour party. Instead, the Tories lost their parliamentary majority and the country is coming to terms with a hung parliament. With 318 seats, the Conservatives are still the largest party in the […]

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Pound under pressure on possibility of a hung parliament

By HiFX  /     Jun 06, 2017  /     Market Updates  /     0 Comment

When Theresa May called a snap General Election on 18th April, a huge Conservative victory seemed almost a certainty. At the time, numerous polls gave the Conservative party a 20-point lead over Labour, which would translate into a substantial increase in their working majority in the House of Commons. However, with just a couple of […]

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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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Macron wins French election; Euro breathes a (small) sigh of relief

By HiFX  /     May 08, 2017  /     Market Updates  /     0 Comment

Emmanuel Macron has emerged triumphant after one of the most closely fought French presidential elections ever. The official result shows that Macron beat his far right opponent, Marine Le Pen, by 66.06% to 33.94%. At 39, he now becomes the country’s youngest president. Euro stable after ‘Frexit’ risk averted After weeks of political uncertainty in France, […]

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How are elections in the UK and France influencing exchange rates?

By HiFX  /     May 03, 2017  /     Market Updates  /     0 Comment

The conclusion of the French elections is fast approaching. Marine Le Pen and Emmanuel Macron will face each other in a second round run-off on 7 May as part of a very unpredictable French election. Meanwhile, Theresa May surprised the markets on 18 April when she announced a snap election to be held three years ahead of […]

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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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money-matters-overseas-weddings

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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