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For the UK, it was hailed as an historic triumph, reaching an 11th hour agreement after years of hard negotiating. For Asia’s treasurers, however, ‘no deal’ is still the only deal.
A rare week of good news has convinced some FX strategists to revise their forecasts, but it still makes sense to short the yuan while being prepared for moves in sterling and the US dollar
Victory for the Brexit Party at the European elections is set to have uncertain ramifications for pound sterling. Meanwhile, treasurers in the UK are bracing for a slowdown after a stockpiling binge.
It’s annual report time and companies like the British pharma giant are setting out the multimillion-dollar impact business events such as Brexit could have.
The body that runs the Square Mile calls on UK government to provide clarity on Brexit and to slash 17% tax rate for treasury centres.
Prime Minister Theresa May will put into motion the official process for Britain’s withdrawal from the EU on Wednesday, March 29. The pound will remain under pressure but won’t plummet again, experts predict.