Sterling (GBP) Continues to Crumble as EU/UK Brexit Talks Hit a Roadblock

he Swiss government has issued statements that it will not interfere with the rights of its citizens to move funds between the Swiss franc and the Euro. It also promises to keep the Swiss banks operating as normal and to protect the rights of its expatriates. In the current economic climate, it is hard to see how the Swiss can remain open to the flow of capital. The Swiss government could lose its offshore banking assets through a potential EU/Swiss trade war. If investors believe that a war is brewing, then they may be removing their Sterling from their portfolio, or they may even move their money to somewhere safe like the Bahamas.

continues to crumble as EU/GBP negotiation hits a dead end. Sterling drops as investors fear Article Fifty – the free market arrangement in the UK and EU – will be triggered. In the current economic climate, it is hard to see how the Swiss government can remain open to the flow of capital. The Swiss banks have already announced a number of potential moves to reduce their holdings of British debt. Sterling drops as investors fear Article Fifty – the free market arrangement in the UK and EU – will be triggered.

continues to crumble as EU/GBP negotiation hits a dead end. Sterling drops as investors fear Article Fifty – the free market arrangement in the UK and EU – will be activated. In the current economic climate, it is hard to see how the Swiss government can remain open to the flow of capital.

continues to crumble as EU/GBP negotiation hits a dead end. Sterling drops as investors fear Article Fifty – the free market arrangement in the UK and EU – will be triggered.

continues to crumble as EU/GBP negotiation hits a dead end. Sterling drops as investors fear Article Fifty – the free market arrangement in