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.
With Brexit being pushed out until October, and many aspects of the plans remaining unknown and unpredictable, no advice on this subject can be comprehensive or guaranteed. However, as a business you might find the following information useful when you’re formulating your plans around Brexit
The UK and the EU have agreed to extend the Brexit deadline until October 31, 2019, from April 12, 2018. Initially, it was thought that the EU was thinking of extending the deadline until June 30.
Gold has been a medium of exchange around the world for thousands of years. In this regard, we can say gold markets have been around as long as civilization. Gold is still traded today, whether it is individuals buying gold jewellery and selling it when prices or high or traders investing in gold ETF5 or commodities contracts.
Optimism that the US and China could be edging towards an agreement over trade has grown in recent weeks.
The Federal Reserve delivered a very dovish surprise at its monetary policy meeting in January, signalling that its current interest rate hike cycle that began in late-2015 could be at… read more →
January can be summed up by what we didn’t find out rather than what we did. In the UK, we had all expected to finally know what the prime minister’s… read more →
For treasury and liquidity managers, as the foreign exchange industry, 2018 was certainly a year of volatility for sterling, dollar and the euro. So what’s in stock for 2019? We… read more →
For trade and receivables related financings, 2018 was a year of volatility and unexpected happenings. From the explosion of digitalisation and sweeping regulatory changes to the introduction of non-bank finance… read more →
When the United Kingdom went to vote on the Brexit referendum in 2016, most people assumed that a decision to leave the European Union would have an effect on the… read more →
As a forex trader, it should already be routine for you to check the news every day for the latest in foreign currency price moves. “Blink, and you’ll miss it”… read more →