NewsCase StudiesEvents

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

Also in the news...

France: providing services and travelling for business

Guidance for UK businesses on rules for selling services to France.

Living in the USA

Information about moving to, living or retiring in the USA – including visas, working, healthcare and driving.

Trade with Liechtenstein

How you import from and export to Liechtenstein

UK trade with the United States: Impact of tariffs on imports and exports of goods

A closer look at the goods the UK trades with the United States in the context of trade tariffs.

Simplified rates for bringing personal goods into the UK

Find out about the simplified rates of customs and excise duty used when you declare your personal goods online.

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.