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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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Introducing PSD2: what is it and what does it mean for you?

By HiFX  /     Jan 11, 2018  /     Money Matters  /     0 Comment

On 13th January 2018, we are making some changes to our terms and conditions, which govern the international money transfer service we provide. We are introducing these changes to be in line with the new Payment Services Directive 2 (PSD2), which comes into effect on the same day. When the updated terms and conditions come […]

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

By HiFX  /     Dec 05, 2017  /     Global  /     0 Comment

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 […]

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Third round of Brexit talks: “no decisive progress” but “an important stepping stone”

By HiFX  /     Aug 31, 2017  /     Market Updates  /     0 Comment

Michel Barnier and David Davis have spoken at a joint press conference following the conclusion of the third round of Brexit talks. Both sides acknowledged that progress has been made in some of the key areas, but there are also areas of tensions between the two teams. Barnier warned that “time is running out”, while […]

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Second round of Brexit talks: “points of convergence and points of divergence”

By HiFX  /     Jul 21, 2017  /     Market Updates  /     0 Comment

After the pleasantries of the first round of Brexit talks in June, both sides stated that the second meeting this week is where the real work would begin. The EU’s chief negotiator, Michel Barnier, stated on Monday morning that the talks would “now delve into the heart of the matter”, while his UK opposite, David […]

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