Featured Articles
AUD at Risk as Melbourne Returns to Lockdown
July 8, 2020
The AUD/USD currency pair has been trading between 0.68 levels and 0.70 levels from mid-June. 0.6675 is a crucial level where the 200 EMA lies. Victoria premier Daniel Andrews has announced a level 3 restriction in Melbourne and Mitchell Shire…
Confidence Surges in the Eurozone with Positive Data
July 5, 2020
The Euro has been showing signs of weakness recently. But, with the Eurozone data quite strong, the weakening currency is expected to gain, despite continuing strength in the US Dollar and the Pound. Among the EUR/USD currency pair, the Euro…
Sterling to Benefit as Safe-Haven Assets Weaken
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…
Research & Analysis
Live Exchange Rates
Market News
AUD at Risk as Melbourne Returns to Lockdown
July 8, 2020
The AUD/USD currency pair has been trading between 0.68 levels and 0.70 levels from mid-June. 0.6675 is a crucial level where the 200 EMA lies. Victoria premier Daniel Andrews has announced a level 3 restriction in Melbourne and Mitchell Shire…
GBP Strengthens as Polls Show Johnson Nears Majority
December 10, 2019
Brexit – Meaningful Vote Becomes Meaningless
October 22, 2019
German Recession Fears Remain despite Upbeat Eurozone Data
August 28, 2019
Euro down Hits New Lows as Rates Are Held Steady
July 29, 2019
Currency Transfers
Spot Rates
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 provider to sell one currency and buy another currency at…
Forward Contracts
A Forward Exchange Contract (FEC) allows an individual or business to secure an exchange rate now but for settlement at a specified maturity date in the future. Usually the forward contract can be secured between one month and two years.…
Fees
It is difficult to provide definitive information on fees and margins as these will vary between the various foreign exchange providers, however the majority of FX providers will typically remain within the following thresholds. Fees: Transfers greater than £3,000 –…
Guides
Importers & Exporters
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 Currency 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
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…
Overseas Property Purchase
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…