AFEX Reports. We have dined on Brexit for over two years now. Although some are understandably sick of the subject, Brexit has been quite costly to European businesses.
From time to time we hear news about large corporation reporting losses as a result of FX volatility, sometimes even as a result of poor FX risk management decisions.
Uncertainty surrounding the Brexit process has continued to dominate the headlines and drive much of the volatility in the foreign exchange market in the past few weeks.
Although the clocks went forward, they did not shed any fresh light on Brexit. The stalemate continued and the EU granted an extension to Article 50 until Halloween, by which time the clocks will have changed again and we’ll probably still be in the dark.
TFG’s exclusive interview with Robert Besseling covers the latest macro-economic factors at a regional level in Africa’s key economies.
Trade Finance Global heard from Stephen Hubble, Chief Analyst at Centtrip, on how even the largest businesses struggled to deal with currency volatility and market uncertainty as a result of the current climate.
President Trump entered office in November 8th, 2016. Throughout his campaign, he held a very strong and very vocal position on the trading relationships that the US held with the rest of the world – that it was not good.
For the most part, February was the calm before the storm as Theresa May pushed back the meaningful vote to the end of the month. We saw little change in GBP volatility as the markets were left in wait and see mode.
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