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See how much you can save by using a trusted foreign exchange provider in Solomon Islands versus the Banks. Check the Best Exchange Rates on offer right now for Foreign Transfers or calculate with the live Market Rates.


Pound Subdued by BoE’s Credit Warning

Sterling GBP/USD 1 Week Chart After a fairly strong start to the week the Pound (GBP) slipped from its best levels yesterday morning following the Bank of England’s (BoE) latest financial stability report. In its report the BoE warned that high levels of consumer credit posed a ‘pocket of risk’ to the UK economy and... View article >
Posted on 26 September 2017 | 9:12 am GMT
Author: TorFX

HSBC Admit Mistake on Euro-Sterling Forecast; No Longer Sees Parity

“We were wrong,” said HSBC’s head of strategy David Bloom as he cancelled the bank’s forecast for the euro to reach parity with sterling this year. For much of 2017, HSBC analysts have been among the gloomiest on sterling with their predictions for continued declines in the currency against both the euro and dollar. Bloom had... View article >
Posted on 26 September 2017 | 8:15 am GMT
Author: Joel Wright

Euro Weakened as Merkel Majority Shrinks in German Election

Sterling GBP/USD 1 Week Chart After plummeting at the end of last week’s session following Theresa May’s latest speech on Brexit, the Pound (GBP) began to claw its way higher again this morning as global political uncertainty drove investors back to GBP. Meanwhile Investors are also likely to be focused on the Bank of England’s... View article >
Posted on 25 September 2017 | 11:10 am GMT
Author: TorFX

Political Uncertainty Weighs on New Zealand Dollar and Euro in Aftermath of Elections

General elections in New Zealand and Germany have produced uncertain or surprising outcomes and political parties in both countries must now spend the coming days and weeks striking cross-party deals in the hope of forming coalition governments. In New Zealand, the incumbent National Party, led by Bill English, won 58 seats, putting it just shy... View article >
Posted on 25 September 2017 | 5:39 am GMT
Author: Joel Wright

Moody’s Downgrade the UK and Elections Begin in New Zealand, Germany

US ratings agency Moody’s has downgraded the UK’s credit rating from Aa1 to Aa2 over concerns for the future of the UK’s public finances. The ratings outlook is now “stable”, from “negative”. Moody’s stripped the UK of its AAA rating back in 2013. “The outlook for the UK’s public finances has weakened significantly since the... View article >
Posted on 23 September 2017 | 7:13 am GMT
Author: Joel Wright

Pound Upbeat Ahead of Theresa May’s Brexit Speech

Sterling GBP/USD 1 Week Chart The Pound (GBP) advanced against most of its peers earlier this morning as markets appeared to be cautiously optimistic about Theresa May’s Brexit speech in Florence later this afternoon. Observers expect the Prime Minister to propose a two-year transitional deal, to start at the end March 2019 in order to... View article >
Posted on 22 September 2017 | 9:43 am GMT
Author: TorFX

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