How to take control of your finances during upcoming Brexit negotiations
What about second referendum rumours?The opposition’s party opened the possibility of supporting a second referendum and the GBP soared in response. However, whether a second referendum will actually happen will depend on what happens between March 29th and the hypothetical extension date of July 1st, 2019.
May has opposed the idea, saying that it will undermine faith in democracy and divide the nation. Polls locally are suggesting that support among voters is now more strongly in favour of remaining in the EU rather than leaving.
Take control of your finances during volatilityWhile the Pound is currently moving in a more positive direction, it might not stay that way. If previous events are a given, market volatility is to be expected and it’s best to take advantage of any favourable market movements using the range of tools OFX can offer.
Limit Orders - Book a transfer at your target rate and we’ll contact you to complete the process once your target rate is reached.
Forward Contracts - OFX’s Forward Exchange Contracts allow you to book transfers between two days and 12 months from today.
Market News - Sign up to receive the latest market commentary from our currency experts direct to your inbox daily or weekly.
Rate Alerts - Have you got a particular rate in mind? Let us know by signing up to our market rate alert option and we’ll notify you when that market rate is reached. The rest is up to you.
IMPORTANT: The contents of this blog do not constitute financial advice and are provided for general information purposes only without taking into account the investment objectives, financial situation and particular needs of any particular person. UKForex Limited (trading as “OFX”) and its affiliates make no recommendation as to the merits of any financial strategy or product referred to in the blog. OFX makes no warranty, express or implied, concerning the suitability, completeness, quality or exactness of the information and models provided in this blog.