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Introducing the Brexit Barometer

By HiFX  /     Dec 07, 2018  /     Europe  /     0 Comment

With the “meaningful vote” in the UK Parliament on Tuesday the 11th and the final EU summit on the 13th and 14th of December, businesses should be prepared for all possible outcomes given there is a strong possibility the vote will fail in the UK parliament. The Pound has been negatively affected by ongoing concerns […]

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Euro wobbles as German coalition talks collapse

By HiFX  /     Nov 21, 2017  /     Germany  /     0 Comment

After an indecisive election result back in September, Angela Merkel entered into exploratory talks for a three way coalition government with the liberal Free Democrats (FDP) and the environmentalist Greens. However, these talks broke down over the weekend as the Free Democrats walked out, claiming there was “no common vision for modernisation of the country […]

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Euro weakened by indecisive German election result

By HiFX  /     Sep 25, 2017  /     Germany  /     0 Comment

The Euro came under pressure on Monday after Angela Merkel’s ruling CDU/CSU party remained the largest party in Germany’s parliament but with its worst result in almost 70 years, taking 33% of the vote. Currency markets worried by shift in German politics Forming a coalition is not unusual in German politics. But these election results […]

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How is the UK economy reacting to Brexit?

By HiFX  /     Aug 18, 2016  /     Europe  /     0 Comment

It’s been a busy week for the UK economy, with the release of a number of key figures to give some indication of the impact Brexit is likely to have. Inflation data was released on Tuesday, followed by unemployment figures yesterday and retail sales figures today. The data has generally been well-received by the markets, […]

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In Conversation: What does Brexit mean for exporters?

By HiFX  /     Aug 10, 2016  /     Europe  /     0 Comment

Welcome to In Conversation, foreign exchange insights and discussions from HiFX to support businesses that send or receive international payments. This article was written by Trade Finance Global, experts in trade and invoice finance solutions for UK businesses to import and export goods.    Brexit has largely been seen as an opportunity for UK exporters, […]

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In Conversation: Sterling starts to stabilise, businesses need to prepare for the new normal

By HiFX  /     Aug 08, 2016  /     Europe  /     0 Comment

Welcome to In Conversation, foreign exchange insights and discussions from HiFX to support businesses that send or receive international payments.   After the volatility in Sterling following the UK’s decision to leave the EU, it seems that the markets are starting to stabilise. The new government is now in place, while the Bank of England […]

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Interest rates drop and so does the Pound

By HiFX  /     Aug 04, 2016  /     Europe  /     0 Comment

Unlike a few weeks ago when the Bank of England surprised everyone, today they have finally confirmed what was considered almost a certainty by cutting interest rates to 0.25%. At the same time, they have also increased their quantitative easing programme by £60 billion. As the rate cut was widely expected, markets had priced it […]

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What does Brexit actually mean for expats?

By HiFX  /     Jul 28, 2016  /     Europe  /     2 Comments

More than a month after Britain voted to leave the EU, it is still unclear what the status is of the estimated 1.2 million British expats living in the EU and 3.3 million EU expats in Britain. There are questions over residency rights, work permits, taxes, healthcare, pensions and more. We took a look at […]

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