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In Conversation: Introducing the HiFX General Election Seatometer

By HiFX   /     May 18, 2017  /     Market Updates  /     , , , , , , , , , , ,

Welcome to In Conversation, foreign exchange insights and discussions from HiFX to support businesses that send or receive international payments.

 

This time last year, the currency markets were focusing on what was likely to happen in the EU Referendum and we were using our Brexit Barometer to take a look at the potential impact this could have on the Pound. As expected, the vote to leave initially put significant downward pressure on Sterling, although it has recovered somewhat in recent months.

Now, with just three weeks until the UK goes to the polls again, the market focus is on whether Theresa May will achieve the significant majority that opinion polls currently suggest she could. We’ve created the HiFX General Election Seatometer to show how different election results could influence the Pound.

Watch our short video to find out what the General Election could mean for the Pound in the coming weeks:

 

Join the HiFX Economists to find out:

  • How different scenarios could influence the Pound, using the HiFX General Election Seatometer:hifx-seatometer
  • What potential curveballs could take the markets by surprise.
  • Why businesses may wish to review their foreign exchange exposure now to protect themselves from currency volatility in the coming weeks.

 

The Economists

CChris-Towner-100pxhris Towner
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.

LinkedIn profile

 

Andy-Scott-100pxAndy Scott 
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.

LinkedIn profile

 

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 In Conversation videos 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

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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