Latest Currency News
September 17, 2020
The exchange rate AUD to USD is on a 4-day uptrend, currently at year high levels. The RBA announcement has brought back investors into the forex market. FOMC is certain to keep its rate between the 0% to 0.25% ranges…
September 14, 2020
Brexit tensions have made the British Pound the worst performing currency this week. The GBP foreign exchange rate suffered its biggest loss last week. The Sterling saw a huge slide last week, as the days of the UK leaving the…
August 27, 2020
The Euro foreign exchange rate continues to consolidate. It fell below the psychological level of 1.19 and is on consolidation mode at 1.18 levels. Fed Chairman Jerome Powell is due to speak at Jackson Hole on Thursday. Investors expect him…
August 24, 2020
The Pound slides intraday with inconclusive Brexit news, while US Dollar gains strength. The exchange rate Pound to Dollar breaks below 1.3100 levels. Fed Chairman Powell’s speech is the most awaited event on 27 Aug. His speech at Jackson Hole…
August 17, 2020
The Eurozone is adding more countries to its quarantine list and is showing lacklustre movement, though Euro exchange rate continues upward trajectory. The Eurozone shrank 15% for the second quarter year-on-year. The US fiscal stimulus continues to see a delay,…
August 13, 2020
Britain’s GDP contracts by 20.4% in the second quarter of 2020, bringing a negative bias to the British Pound FX Rate. Pound FX Rate Under Pressure The United Kingdom has contracted for the 2020 second quarter by 20.4%, quarter-on-quarter. For…
August 3, 2020
The GBP Foreign exchange rate has shown the best performance in July. Showing strength against the euro and the dollar after months of underperformance. EU Chief Negotiator Michel Barnier, in a press report, says that he is confident of a…
July 27, 2020
The British pound foreign exchange rates are weakening with a lack of clarity and uncertainty in the economy. The €750 billion relief fund by the European authorities has restored confidence in the Euro currency. Further, the European approach towards handling…
July 12, 2020
High beta currencies continue to underperform in the market this week. The Pound Exchange Rate continues to be on the backfoot for the short-term. Volatility continues to surge with traders struggling against the spike in Covid-19 infections. Though monetary support…
July 2, 2020
EUR/USD is trending within a narrow range. But a flag pattern occurring on the charts brings in some optimism in the market. Non-Farm payrolls in the US for June have surged. According to reports published on Thursday by the US…
June 30, 2020
The first half-year is drawing to a close. A new half-year will begin this week. Trading is expected to be turbulent this week. The U.S. dollar index that measures the greenback against major currencies saw a weekly loss, becoming a…
June 28, 2020
It’s a major decision by the Bank of England to inject a whopping £100BN into the economy towards quantitative easing. But the British Pound continues to decline against major currencies like the Euro and Dollar. It is losing against its…
Research & Analysis
Live Exchange Rates
Market News
Exchange Rate AUD to USD Reverses from Downtrend
September 17, 2020
The exchange rate AUD to USD is on a 4-day uptrend, currently at year high levels. The RBA announcement has brought back investors into the forex market. FOMC is certain to keep its rate between the 0% to 0.25% ranges…
Exchange Rate AUD to USD Reverses from Downtrend
September 17, 2020
GBP Foreign Exchange Rate Pounded by Brexit
September 14, 2020
Euro Foreign Exchange Rate to US Dollar Consolidates
August 27, 2020
Exchange Rate Pound to USD Remains Cautious at 1.30 Levels
August 24, 2020
The Euro Exchange Rate Struggles to Maintain Upbeat Mood
August 17, 2020
British Pound FX Rate Market Sentiment Tilts Downside
August 13, 2020
Exchange Rate AUD to USD Reverses from Downtrend
September 17, 2020
Euro Foreign Exchange Rate to US Dollar Consolidates
August 27, 2020
The Euro Exchange Rate Struggles to Maintain Upbeat Mood
August 17, 2020
Exchange Rate AUD to USD Reverses from Downtrend
September 17, 2020
US Dollar Currency Rate Gains with Non-Farm Payroll Data
September 7, 2020
Currency Transfers
What is a Spot Contact, Spot Deal and Spot Rate? A spot deal is essentially a transaction that is booked, confirmed and settled immediately. In more detail a spot deal is an agreement between a client and a foreign exchange…
It is difficult to provide definitive information on foreign exchange fees and margins as these will vary between the various foreign exchange brokers, however the majority of foreign exchange brokers will typically remain within the following thresholds. Foreign Exchange Fees…
Individuals and Businesses may have a need to convert currency for a commercial purpose, such as buying or selling goods and services overseas. Foreign Exchange Risk Management Strategy If movements in the exchange rate are not managed effectively they can present a…
What is a limit order A limit order is when a client nominates an exchange rate they would like to achieve. The foreign exchange broker will then monitor the market and automatically book the transfer on behalf of the client…
Whether you are considering a large international investment, property purchase, long-term property development or simply trying to manage a regular fixed overseas transfer, foreign exchange management will be paramount. With currencies having the ability to move dramatically over relatively short…
Foreign Exchange Guides
Imports & Exports
Anyone involved in the import or export of goods is inevitably exposed to exchange rate risk. It is also likely that any fluctuations caused by movements in currency are material to the profitability of the transaction. Many individuals and businesses…
Business Foreign Exchange & International Payments
Any company dealing in foreign currency, either to receive payment for goods and services or to make payments to suppliers, is exposed to financial risk created by fluctuations in the foreign exchange markets. Rather than worry about the varying rates…
Emigrating & Moving Abroad
The decision to emigrate to another country is one which is not taken lightly. Many people are attracted by the promise of a better lifestyle but the process of transferring assets to another country can be difficult and costly if…
Buying Property Abroad
If you are seeking new opportunities abroad and have identified the property of your dreams, it is useful to know how to save money in the foreign exchange markets. If a property must be purchased in a foreign currency, then…