NewsCase StudiesEvents

Tomorrow, Prime Minister Theresa May is set to trigger Article 50

Also in the news...

7 Steps to Starting a Successful Business in College

Many students consider starting a business in college, inspired by the paths of successful people and the many opportunities available. Although various nuances may prevent you from achieving this, results orientation and perseverance will allow you to move mountains.

7 Popular Gibraltar Startup Companies

Though small, Gibraltar is a burgeoning hub for innovative startups. This British Overseas Territory has become attractive for entrepreneurs due to its favourable tax laws and business-friendly environment. Here, we explore seven popular startups significantly impacting their respective industries.

How AI Fashion Models are Changing the Product Modelling Business

Artificial Intelligence (AI) is revolutionizing various sectors, and the fashion industry is no exception. AI fashion models and the utilization of AI-generated images to showcase products represent a futuristic trend blending technology with creativity. This article delves into how AI is transforming fashion presentations, the benefits of this innovation, and potential future developments.

Navigating Tech Challenges in Global Expansion - Solutions for Startups

When you're steering your startup towards international waters, the thrill of tapping into new markets is often mingled with the challenge of navigating tech hurdles. From ensuring seamless operation across time zones to adapting to local regulations, the tech aspect of global expansion can seem daunting.

Guidance Living in Egypt

Information for British citizens moving to or living in Egypt, including guidance on residency, healthcare and employment.

Tomorrow, Prime Minister Theresa May is set to trigger Article 50

Back to News

This is a major political event for the UK and the EU, and like many of the political events we have seen in the last 12 months, could cause volatility in currency markets.

The vote to Leave itself, last June, hit the pound hard, especially against the dollar. Sterling dropped less against the euro because the market believed it had negative implications for the EU.

Following Trump's election win, last November, we saw an impact on more than just the US dollar. The Mexican peso was hit hard and initial reaction investment move to safe havens yen, euro and gold.

In the same way that the Brexit vote caused market turbulence, there is potential for increased volatility once Article 50 has been triggered.

If you're making international payments in the near future, we recommend that you speak to a FairFX currency dealer to understand your options to minimise risk and maximise return.

Feel free to give us a call on 02077789313 to find out how FairFX can help you.

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.