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BER Research & Guides

How can I always get the best possible foreign currency exchange rate?

Most importantly don't rely on your bank! Currency rates are always moving against each other so you need to constantly check the latest exchange rates and compare the best offers available from FX providers. When you use BestExchangeRates you can see clearly which currency vendor is offering the best deal for your International Money Transfers & Travel Money/Cards and who is taking the smallest margin and fees to give you... Read More >

Order Travel Money Online for the Best Exchange Rates

If you end up buying your travel money on departure day without pre-ordering online you are wasting money. Make it part of your pre-departure preparations to Order your Travel Money Online and you will extend your travel budget by ... Read More >

What makes sending money internationally so expensive?

There are a number of cost components to making and receiving international payments, most of which are far from transparent to customers: Currency fees Currency conversion rates : Banks charge huge margins for currency conversion to the majority of businesses and individuals. They tend to fix rates once a day and therefore need to incorporate... Read More >

Managing Business FX Transactions and Risk

Brokers are able to offer international money transfer services which many banks don’t provide, like forward contracts and order types. The way you chose to manage your transfer may depend on how much you’re moving and where you’re sending the money to, but a currency broker will be able to assess your situation and ensure you come up with the best solution. Read More >

Australian Dollar - Market Updates 

Supreme Court Speculation Causes Uptick in Pound

Sterling The Pound (GBP) rose against its peers yesterday ahead of the Supreme Court judgement on whether the government has the power to trigger Article 50. Most observers predict that the Court will rule against the government, forcing it to push through a vote in parliament before it is allowed to begin the ‘Brexit’ process.... View article >
Posted on 24 January 2017 | 9:34 am GMT
Author: TorFX

Australian Dollar – Tue Jan 24: AUD Up vs USD, CNY & SGD and Down vs GBP, EUR, NZD & JPY.

The Australian Dollar is commodity-correlated and was weakened by a drop in iron ore prices overnight with the Chinese marketplace slowing down ahead of the New Year celebrations. Traders are likely to focus on Wednesday’s GDP report this week, with AUD potentially able to strengthen if the Australian economy sees positive growth. The AUD is... View article >
Posted on 24 January 2017 | 12:05 am GMT
Author: BER Research

Pound Stabilises as Markets Remain Wary Towards Trump

Sterling GBP/USD 1 Week Chart The Pound (GBP) continued to trend relatively flatly against most of its peers this morning following an eventful session last week which saw Sterling recover from a two-month low after Prime Minister Theresa May outlined her plans for ‘Brexit’. Markets will likely be focusing on Tuesday’s Supreme Court ruling this... View article >
Posted on 23 January 2017 | 9:45 am GMT
Author: TorFX
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