We compare currency exchange provider rates and fees to the above interbank mid-rate rate to calculate the overall cost to you.
1 Day 1 Week: Australian Dollar was friday up against the Chinese Yuan with the AUD/CNY at 5.1733, a rise of 0.34% and also up for the last 7 days with a rise of 0.36%.
3 Month Trend: AUD/CNY is trending mid 3-month range [Hi:5.2845, Lo:5.0382] and for the quarter is down -1.89%.
The US dollar is starting the New York session with tiny losses across the board in an uneventful overnight session. AUDUSD and NZDUSD inched higher, supported by a bit of a bounce in oil prices. NZDUSD is still receiving help from RBNZ’s non-doveish stance. Nevertheless, NZDUSD is still lower than it was on Monday in... View article >
Sterling GBP/USD 1 Week Chart The Pound (GBP) rallied against the majority of its peers this morning following an EU summit dinner yesterday evening. After the dinner May outlined her plans to allow 3m EU citizens to remain living in the UK after Brexit, with German Chancellor Angela Merkel calling her plans a ‘good start’. Expat... View article >
Australian Dollar was down -0.17% against the United States Dollar, down -0.3% against the British Pound Sterling, even against the Euro, down -0.57% against the New Zealand Dollar, down -0.1% against the Chinese Yuan, down -0.27% against the Japanese Yen and down -0.1% against the Singapore Dollar. AUD 7 Day Cross-Rate Charts Read on for... View article >
It has not been a stellar week for top tier economic data in Europe or the US. Traders are left scouring headlines and charts for something to justify their trades. They found it in oil, “Texas tea,” black gold”. However, they didn’t load up the truck and move to Beverley; Hills that is; swimming pools... View article >
Sterling GBP/USD 1 Week Chart The Pound (GBP) rallied against most of its peer’s midday on Wednesday as Bank of England chief economist Andy Haldane revealed he was close to voting for a rate hike in last week’s monetary policy committee meeting. While Sterling’s rally was short lived against some of the majors, the news... View article >
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