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Brexit Broadcast: What we know so far and where is the momentum heading

By HiFX   /     Dec 05, 2017  /     Global  /     , , , ,

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.

 

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

In all matters relating to a Trade, the Contract, Our Services or any information obtained from us, you shall rely on your own skill and judgement. Although we may provide you with information concerning the foreign exchange markets, you shall not rely on any comments made or opinion expressed whether by us or any member of our staff at any time concerning the merits or otherwise of any currency transaction or concerning taxation matters, investment products, markets or any other matters whatsoever. It is entirely for you to decide whether or not to make a Request and entirely for you to decide whether or not a Request, a particular Trade, and your instructions to us, are suitable for you and your circumstances.

 

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