Post Brexit continues to restrict leverage on GBP and EUR currency pairs

June 27, 2016

Post Brexit continues to restrict leverage on GBP and EUR currency pairs

On Thursday 23rd June United Kingdom voted to leave the European Union causing huge movements in the financial markets.

The Pound is at the lowest level in 30 years, with the Yen strengthening as traders look for a safe haven. Gold has raced to a 2 year high as a traditional safe store of wealth.

Although the economical impact is generally predicted to calm down, you may want to still focus on News releases and comments from important figures, regarding to this Brexit matter.

TitanFX to continue restricting leverage

TitanFX is glad to inform that all orders were executed normally during the extreme high volatility time. The broker sees the market price is still volatile and expecting more impacts coming from Post Brexit News releases.

For the protection of the clients, Titan FX will keep leverage restrictions in place during market open on Monday.

So, the maximum leverage will remain at 20% of your account leverage on all GBP and EUR pairs until reviewed by TitanFX risk management team.

If you have any questions, please contact TitanFX support team.

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