Alan is an award-winning market commentator, providing bespoke content delivery for all aspects of the FX Industry. He has been working in the financial services industry for over 30 years and has a wealth of experience across banks in Europe, North America and the Middle East. A former trader, Alan holds a bachelor of business administration in Politics and Economics from the Mark Hall School.
The U.K. left the Exchange Rate Mechanism twenty-five years ago. In fact, it was twenty-five years ago to the day on Saturday just gone. September 16th, 1992, a day that should have split the U.K. Conservative party in two and would have done had it had a decisive leader.
Is it ever easy to predict a revolution? It has obviously become easier to predict unrest in any area of the world since we now live in what is termed the information age. But this is merely a transitory period on the journey to the next big event in human evolution. How did my counterpart in Paris in 1789 or Moscow in 1917 know that change was coming? Were there subtle hints or did wholesale change become the only option ?
Banks are going through a dramatic transformation.
British voters, in a bitterly unprecedented referendum, chose to leave the European Union (EU) on June 23, 2016. Brexit is a shorthand way of saying the United Kingdom is leaving the EU - merging the words Britain and exit to get Brexit.
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