With just a week to go until Britain goes to the polls for the EU Referendum, it’s still not clear which way the country is going to vote. While Remain campaigners had a strong start, recently the Leave campaign has pulled ahead slightly, according to the Financial Times Brexit poll of polls campaign (47% Leave, 44% Remain, 9% undecided, as of 15th June 2016).
But should we pay attention to the polls at all? And what does it all mean for businesses that are exposed to the fluctuating exchange rates?
Join the HiFX Economists as they discuss why listening to the bookies might be a better bet:
Watch the video to find out:
- Why polls don’t always get it right, but betting odds can give a better idea of what to expect.
- How exchange rates between the Pound and the Euro could change in different scenarios, using the HiFX Brexit Barometer:
- What factors you may wish to consider when planning international payments for your business in the coming weeks.
Chris joined HiFX Financial Services (which in 2012 became HiFM) in 2003 helping corporate clients manage their FX risk. He has headed up the advisory business since 2006 and is now the managing director. Prior to this Chris traded Sterling for Barclays Capital.
Andy has been with the HiFX Group for the past 10 years providing guidance on currency risks to clients. With a wealth of knowledge and a real passion for the currency markets he joined HiFM in 2013 as an Associate Director advising clients on how best to manage their currency risk.
What’s on your mind?
If you have any thoughts or questions on anything we’ve discussed today, please share them in the comments section below. Or if you’d like to discuss your situation in more detail, please call our Corporate Team on +44 (0) 1753 623 555.
You can view all our Brexit resources here.
This communication is provided for corporate entities only. The details expressed in this transmission and accompanying documents are for information purposes only and are not intended as a solicitation for funds or a recommendation to trade. HiFX Europe Limited accepts no liability whatsoever for any loss or damages suffered through any act or omission taken as a result of reading or interpreting any of the above information. HiFX Europe Limited is authorised by the Financial Conduct Authority under the Payment Services Regulations 2009, registration 462444, for the provision of payment services. HiFX Europe Limited is a registered MSB with HM Revenue & Customs – Reg No: 12131222. HiFX is a limited company registered in England and Wales. Registered number: 3517451. Registered office: Maxis 1, Western Road, Bracknell, RG12 1RT
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