articles & commentary from FairFX

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FX news for Financial advisers - Pound spikes as conservatives win general election

This morning we learned that Boris Johnson will remain as the UK Prime Minister after the Conservatives won with a 72 seat majority (having won 361 seats with 648 of 650 seats declared) which saw the pound react positively as the results of the vote were announced. more...

Brexit news for Financial Advisers and paraplanners - FairFX: Brexit: your currency questions answered

Confused by Brexit? Unsure what it means for your holiday money? There have been so many queries about Brexit ahead the UKís scheduled departure from the EU on 31st October that FairFX has set up a dedicated Brexit Support Desk. more...

Investment update for Financial Advisers and Paraplanners - City Forex: Managing foreign exchange risk during periods of high volatility

Over the past year, currency values have fluctuated wildly against each other. It will not have escaped many peopleís attention that following the UKís vote to leave the EU, the pound has weakened by around 15% across the board. For any business involved in international trade, this kind of volatility can have a significant impact on profitability if not effectively managed. more...