Welcome to Brexit Broadcast, our quarterly update on how the Brexit process is impacting the currency markets and what this means for businesses with exposure to foreign exchange risk.
2017 headlines have been dominated by the ongoing Brexit process, and the currency markets have been closely watching the developments. While dealing is now taking place in a calmer and more liquid environment than during the initial shock following the vote, Sterling remains weakened and is sensitive to both positive and negative headlines about the negotiations.
As both sides work to reach a deal on the financial settlement, citizens’ rights and the Irish border before the EU Summit on 14th December, we take a look at what’s happened so far and what could happen next.
Read our quarterly Brexit Broadcast to find out:
- The key developments in the Brexit negotiations so far
- How Sterling has been trading against the Euro and the US Dollar since the vote
- How the UK economy has been performing
If you would like to find out how HiFX can help your business to manage international payments and minimise the risks of foreign exchange volatility, please call our Corporate Team on +44 (0) 1753 623 555.
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