Loading...

USD - page 2

United States Dollar – Daily Market Updates with latest USD exchange rates, charts and rate changes in the major USD cross currency pairs for the last day, week and quarter. This allows you to take advantage of any market moves plus the low margins from our online currency and foreign payment partners to ensure you get the best possible exchange rates deals.

 

Investors Dump Cryptocurrencies; Bitcoin Falls $800 to 1-Year Low

Bitcoin chart news and forecast

Bitcoin’s near-$800 decline on Wednesday might not have raised an eyelid six months ago, but in what has become a lifeless market of late, the fall is alarming.

Last update: 30 Nov, 2018

Petro-Currencies Struggle Amid Oil Market Plunge

Undoubtedly, the speed at which the oil market has reversed has shocked foreign exchange traders as much as it has those in the commodities space. Currencies from economies that depend on oil exports can only do so much amid what is now an energy market rout. With Tuesday bringing a twelfth consecutive day of losses for oil, the Canadian dollar, Norwegian krone, Malaysian ringgit and Mexican peso all fell to multi-month lows.

Last update: 8 Dec, 2018

Euro Falls to 16-Month Low; Even Lower Prices Likely This Week

Political risks continue to weigh on the euro, which slipped on Monday to a 16-month low against the dollar. We’ll likely see an even weaker euro later in the week but long-term prospects for the currency look good, analysts say.

Last update: 12 Nov, 2018

AUD, NZD Lead the Pack; No Imminent Recovery for CAD (SocGen)

The Australian and New Zealand dollar currencies were way out in front this week on the list of top performing FX majors. The Canadian dollar, meanwhile, continues to suffer from what is now a technical bear market in crude oil. Sterling is again under Brexit-related pressure amid reports of potential UK ministerial resignations.

Last update: 9 Nov, 2018

Philippine Peso Is Back in Business but Downtrend to Resume, Thinks DBS

There’s life in the old dog yet. The Philippine peso, a currency that has repeatedly made news for the wrong reasons, is among the best performers of the past month. Respective gains of 3.3 percent and 6.2 percent over the past month against the US dollar and euro have given holders of pesos cause for […]

Last update: 8 Nov, 2018

Hard to Bet Against USD Despite Midterms and Rough Start to November

U.S. Dollar News, Forecast

FX markets lacked volatility on Tuesday ahead of US midterm elections, the results of which will begin to trickle in after 7pm EST. November typically represents the best month of the year for USD and recent losses arguably offer a grab-it-now opportunity to get the currency at improved exchange rates.

Last update: 6 Nov, 2018

Australian Dollar Outlook: Huge Gains Put an End to Technical Downtrend

Just what the doctor ordered! A 1.3 cent rally on Thursday marked the Australian dollar’s best day since early 2017. A further half-cent gained on Friday morning, prior to the day’s big event, US non-farm payrolls, took AUD/USD to a 5-week high of $0.726. Only a week ago, the struggling Aussie was quoted at a 2-½-year […]

Last update: 2 Nov, 2018

GBP, AUD, NZD Jump as UK-EU Reach Deal on Financial Services

GBP Pound Sterling Brexit Deal on Financial Services

The mood was buoyant in foreign exchange markets on Thursday following news that the UK has achieved a deal with the EU on financial services that would give London’s banks continued access to European markets post-Brexit. Together with the pound, currencies that benefit from the switch to “risk on,” like the Australian dollar and New […]

Last update: 1 Nov, 2018

Dollar Strikes 16-Month High; Euro FX Down in the Dumps; Mexican Peso Falls Sharply

Developments outside the US allowed for the dollar to appreciate against a basket of currencies to a sixteen-month high on Wednesday. The ICE-maintained US dollar Index, which provides a weighted-mean measure of the greenback’s value against the euro, British pound, Swiss franc, Canadian dollar, Japanese yen and Swedish krona, traded above 97.0 for the second […]

Last update: 31 Oct, 2018

Experts Turn Bullish on Australian Dollar

The Australian dollar is saying “no” to the 70 US cents level as it rallies on Thursday along with Chinese stock markets. The Aussie also continues to appreciate from long-term lows against the pound and euro, and is undervalued against the New Zealand dollar, argues Westpac.

Last update: 25 Oct, 2018

Canadian Dollar Gets Interest Rate Boost; Rand Dips on Budget Disappointment

The Canadian dollar received a significant boost on Wednesday after the Bank of Canada said it would “need to raise [interest rates] to a neutral stance to achieve the inflation target.” As widely expected, the BoC also hiked its benchmark rate by 25 basis points to 1.75 percent. The Canadian dollar strengthened by nearly a […]

Last update: 24 Oct, 2018

Manufacturing Weakness Creates Further Uncertainty for Sterling

The British pound showed resilience on Tuesday in the face of data showing the fastest decline in UK manufacturing orders in three years. Pound uncertainty prevails, however, and a vote of no confidence in British P.M. Theresa May draws closer.

Last update: 23 Oct, 2018

Yuan Reaches New Low as Slowdown and Tariffs Bite; 7.0 to the Dollar Likely Next Year

Friday saw the Chinese yuan strike a 21-month low against the dollar of 6.941. A move to and perhaps through 7.0 to the dollar, which remains a symbolic level for many, now seems likely within the next year.

Last update: 20 Oct, 2018

AUD Downtrend to End with Close Above $0.72; Prepare for November USD Buying

Australian Dollar Exchange Rates AUD USD

The Australian dollar will have to overcome seasonal weakness to rally from here but a mere 1 percent rise might be all that’s needed to begin a broader recovery, analysts have said. For the US dollar, appreciation is expected heading into year-end but the trend towards de-dollarization continues, this time in Venezuela.

Last update: 18 Oct, 2018

Focus Turns to Europe Ahead of Big Brexit Meeting; Stay Long Euros; Krona Revived

All eyes on Wednesday will be on the meeting between EU leaders and British Prime Minister Theresa May in Brussels, at which some still hope a Brexit deal might be struck. Expect volatility in sterling and euro rates throughout the evening. Meanwhile, the Swedish krona continues to outperform in Europe on expectations for tighter Riksbank policy.

Last update: 23 Oct, 2018

Australian Dollar Steady Despite Risk Aversion, Sterling to Get Wild and Bitcoin Makes Its Move

This week’s flight from risky assets, evident from massive losses in equities, has yet to affect the risk-sensitive Australian dollar. The yen is firmer though, bitcoin has finally broken lower and options traders are paying up for protection against future sterling volatility.

Last update: 12 Oct, 2018

Crypto Industry on the “Brink of Implosion,” Researchers Say

As measures of crypto volatility reached long-term lows on Tuesday, a new study from UK-based researchers was released suggesting the future is bleak for bitcoin and the broader crypto industry.

Posted: 10 Oct, 2018

EUR/GBP at 3-Month Low; EUR/USD Much Higher Next Year

The Brexit-driven EUR/GBP exchange rate opened on Monday at a 3 ½-month low as investors continue to bet on the UK and EU striking a deal. Against the dollar, the euro will be worth as much as 13 percent more next year, according to a new forecast from ING.

Last update: 8 Oct, 2018

Higher Interest Rates Boost USD but Spell Trouble for Asia FX

Friday’s announcement by the BLS that unemployment in the US has fallen to its lowest level in half a century further firmed expectations for US interest rates and was sufficient to drive the US dollar to fresh long-term highs against currencies throughout the Asia-Pacific region.

Last update: 5 Oct, 2018

Australian Dollar, New Zealand Dollar Plumb New Depths; AUD/CAD at 8-Year Low

Australian Dollar, New Zealand Dollar Exchange Rate News

In foreign exchange markets, the Australian and New Zealand dollar currencies are highly correlated. Given recent sentiment, it was no surprise, then, to see both make fresh multi-year lows on Thursday. Market commentators see little changing for the Antipodes in the near term.

Posted: 4 Oct, 2018

“Avoid GBP,” Forecasters Say; Swiss Franc Volatility to Increase

GBP British Pound Sterling Exchange Rate Forecast Brexit

It’s no time to be brave with your British pounds, think foreign exchange experts at Crédit Agricole. “Stay conservative; avoid GBP,” the bank’s research team wrote on Tuesday. The pound has had a mixed year. As of writing, its 3.9 percent year-to-date loss against the US dollar ($1.299) is balanced by a 5.2 percent gain […]

Last update: 3 Oct, 2018

Canadian Dollar’s Near-Vertical Rally Continues as US-Canada Reach Trade Deal

NAFTA Canada-US Trade Deal Canadian Dollar Exchange Rate

What started last week as a data and OPEC-driven rally has become something of a rout, with the Canadian dollar battering other currencies again on Monday following news that Canada and the United States, together with Mexico, have finally agreed a trade deal.

Posted: 1 Oct, 2018

Australian Dollar Set for Double-Digit Rally; Will Be Worth 82 US Cents Next Year! (UBS)

UBS has added themselves to a growing list of experts predicting a broad recovery in the Australian dollar. Against the US dollar, the bank is offering a consensus-busting Aussie forecast of $0.82 for 2019 year-end, indicating a 14 percent rise from current levels.

Last update: 29 Sep, 2018

Yen Falls to 9-Month Low and Era of Cheap Money Ends in Hong Kong

The US dollar was the best of the majors on Thursday—it broke to a nine-month high versus the yen and forced a retreat in the Australian dollar back to the low $0.72s. In Hong Kong, commercial lending rates have been raised for the first time in twelve years, indicating the beginning of the end for cheap money in the region.

Last update: 27 Sep, 2018

End of “Accommodative” Monetary Policy Sparks US Dollar Volatility

The Federal Reserve raised the upper level of US interest rates to 2.25 percent on Wednesday, as widely expected, while also dropping longstanding terminology from its statement relating to the “accommodative” level of monetary policy. The dollar was volatile as a result.

Last update: 26 Sep, 2018

Bitcoin Ready for Massive Move but Which Way?

The market for bitcoin is becoming more and more compressed. Bitcoin has been squeezed ever-tighter for much of this year and this stored energy will surely be released at some stage, manifesting in a violent lurch in one direction, up or down. But which way are we heading?

Last update: 24 Sep, 2018

Australian Dollar Has Best Week in 9 Months; Sterling Has a Shocker

A gain last week of 1.9 percent marked the Australian dollar’s best weekly performance versus the US dollar since December. The Aussie rebound continued with a touch of the $0.73 handle on Friday. Australia’s currency had been worth less than $0.71 just 10 days earlier. It settled for the week at $0.7285. Further to gains […]

Last update: 22 Sep, 2018

Time to Exchange British Pounds: Currency Is Under Siege Following Latest Brexit Deal Humiliation

The British pound has been sold widely on Friday following Thursday’s comprehensive rejection by EU leaders of the UK’s proposed Brexit deal—the “Chequers” plan. The Chequers plan, which outlines terms for the UK’s departure from the EU and which includes a “combined customs territory” on the Irish border, “would not work,” said European Council President […]

Posted: 21 Sep, 2018

Australian Dollar to Bounce Back Next Year; Investors Sense Buying Opportunity

As investors begin playing the long game, they are reconsidering their views on the Australian dollar. An inevitable tightening of Australian monetary policy, most likely next year, will eliminate one of the chief reasons for recent AUD pessimism. What was once a currency worth avoiding might now offer a heavily-discounted bargain.

Last update: 21 Sep, 2018

What Next for the US Dollar?

The US dollar is among the best performing currencies of 2018. In fact, ranked against twenty of the world’s most important currencies, the dollar beats all bar the Mexican peso, the Japanese yen, the Norwegian krone and Swiss franc. Traders are, however, pondering a recent dollar decline. In mid-August, on a trade-weighted basis, the dollar […]

Last update: 17 Sep, 2018

Ruble Heading Higher After Surprise Rate Hike; Canadian Dollar Upside Limited, Warns MUFG

The Russian ruble climbed to a nine-day high on Friday after the Russian central bank surprised markets with a 25-basis-point increase in interest rates. In other news, MUFG are reminding traders not to expect too much from the Canadian dollar upon a US-Canada trade deal, which draws closer.

Posted: 14 Sep, 2018

Relief in Emerging Market FX After Turkey Raises Interest Rates

There was widespread relief among emerging market investors on Thursday after the Turkish central bank finally raised interest rates to protect the embattled lira. Elsewhere, the dollar lost value for a fourth consecutive day and ethereum stabilized after a ten-day fall.

Posted: 13 Sep, 2018

More Upside Expected for Norwegian Krone

The Norwegian krone was the best performing G10 currency on Monday. The krone benefitted from better-than-expected inflation data and an uptick in European sentiment that followed this weekend’s Swedish election and Michel Barnier’s prediction that a Brexit deal will be concluded within 6-8 weeks.

Last update: 13 Sep, 2018

EUR/GBP Set for Big Move Lower on Impressive Technical Formation

The euro fell sharply against the British pound on Friday after the EU’s chief Brexit negotiator, Michel Barnier, said he was determined to strike a deal with the UK. A near-perfect Head and Shoulders pattern now indicates a move in EUR/GBP into the high 0.87s.

Posted: 7 Sep, 2018

Bitcoin Bloodbath After Goldman Sachs Scraps Plans for Crypto Trading Desk

The world’s largest cryptocurrency, bitcoin, has lost 15 percent of its value since Wednesday morning. The crypto bloodbath has also taken 25 percent off ethereum. Dramatic declines began after reports indicated that Goldman Sachs is to scrap plans for a crypto trading desk.

Last update: 7 Sep, 2018

AUD, CAD and NZD Continue to Fall

A better-than-expected print for Australian GDP growth was unable to prevent further Australian dollar weakness on Wednesday. After a short-lived jump on the 0.9 percent second-quarter reading (0.7 percent growth expected), the Aussie fell early in the European session to a two-year low of 71.45 US cents. In the hours following GDP, it also lost […]

Posted: 5 Sep, 2018

Rand Misery Piled On as South Africa Enters Recession

The rand fell sharply on Tuesday following news that South Africa has entered a recession. The dollar, meanwhile, continues to react favourably whenever the spotlight is turned towards US tariffs and a potential trade conflict with China.

Posted: 4 Sep, 2018

Australian Dollar at Lowest Since 2016

The Australian dollar really doesn’t have much going for it. A 2.2 percent loss between Tuesday and Friday had the Aussie settling for the week at 71.9 US cents, which marked its lowest weekly close since December 2016, and it isn’t doing much better versus the euro, Canadian dollar, Swiss franc and Japanese yen. Perhaps […]

Last update: 1 Sep, 2018

Frightening FX Losses in Argentina; SNB Might Intervene to Weaken Franc

The currency situation in Argentina is becoming desperate. In a single three-hour period on Thursday, the Argentine peso shed 19 percent of its value as it slid to 41.47 to the dollar. The peso had already lost 45 percent since January. With the peso’s spiral downwards, default risk in Argentina moves ever higher, resulting in […]

Last update: 31 Aug, 2018

Bitcoin to End 2018 “Explosively” on Emerging Market Recovery

Bitcoin is finally back above $7,000 and it might now end the year “explosively higher” according to one expert.

Last update: 7 Sep, 2018

Loonie Makes Most of US-Mexico Trade Deal but Will Struggle from Here, Says TD

The past 24 hours in markets have been dominated by news that the US and Mexico have reached a preliminary trade deal. The Mexican peso initially gained as reports came in but now trades at pre-announcement levels. The Canadian dollar gained handsomely but is set to struggle from hereon in according to Toronto-Dominion Bank.

Last update: 28 Aug, 2018

Yuan Finds Stability After PBOC Policy Change

The Chinese yuan posted its highest open in 4 ½-weeks on Monday, at a rate of 6.803 to the dollar. Stability in the rapidly falling yuan follows the reintroduction of the “counter-cyclical factor” by the People’s Bank of China on Friday – a sign that Chinese authorities are uncomfortable with further depreciation.

Last update: 27 Aug, 2018

Euro to Get More Expensive After Terrific Week, Banks Warn

It was a cracking week for the euro. Boosted by soft rhetoric from Fed Chairman Jerome Powell and confidence-boosting July-meeting minutes from the ECB, the euro gained against all other G10 currencies.

Last update: 25 Aug, 2018

Bets Against IDR, SGD and INR Increase

A Reuters survey of investors this week has shown increased bearishness on the Indonesian rupiah, Singapore dollar and Indian rupee. Each of the Asian currencies has lost value this year amid concerns for global trade and following emerging market currency crises in Argentina and Turkey.

Posted: 24 Aug, 2018

Australian Dollar Hammered on Imminent PM Change

The Australian dollar had a shocker on Thursday on the back of domestic political uncertainty. Per reports, current Australian Prime Minister Malcolm Turnbull is likely to be replaced by Peter Dutton before the week is out.

Last update: 24 Aug, 2018

Thai Baht at 5-Month High After Dollar Stumbles on Trump Remarks

The US dollar continues to fall from long-term highs. Tuesday marked the fourth consecutive trading day of declines for the Dollar Index, which traded at a fourteen-month high of 97.0 last week. Approaching the end of Tuesday’s European session, the index had slumped into the 95.40s. The dollar was affected for the worse on Monday […]

Posted: 21 Aug, 2018

Stunning Inflation Print Makes CAD’s Day; MXN Firms on Trade Agreement Hopes

The Canadian dollar gained across the board on Friday on the back of stunning inflation data that smashed market expectations. Meanwhile, the Mexican peso continues to be this year’s best performing currency; it firmed again on Friday on rumours that Washington would soon agree to a compromise on Mexican farm exports.

Posted: 18 Aug, 2018

Westpac: Risks to the New Zealand Dollar Increase

FX traders will be thankful for calm in emerging markets on Tuesday after spectacular falls in recent days. While other trends continue unabated, most notably the rising US dollar and falling euro, Westpac are weighing in on the New Zealand dollar, suggesting that an RBNZ cut is now more likely than ever before.

Last update: 14 Aug, 2018

Dollar and Yen Soar on Flight to Safety; Turkey Leads Turmoil in EM FX

The US dollar and Japanese yen soared on Friday as traders fled risk-sensitive currencies. Turmoil in emerging market FX is being led by the Turkish lira, which fell 15 percent in twelve hours after President Trump doubled tariffs on Turkish steel and aluminium imports.

Last update: 5 Dec, 2018

Canadian Dollar at Multi-Month Highs; NZD/CAD Sinks to Lowest Since December

Entering the second trading week of August, the Canadian dollar remains at or near multi-month highs against many of the world’s major currencies. The “loonie” has been well supported since the end of June following a hawkish repricing of Canadian interest rate expectations.

Posted: 6 Aug, 2018

Australian Dollar Benefits from Sales and Export Data; RBA to Dominate Next Week

The Australian dollar was the best performing major during Friday’s European session. The “Aussie” rallied by as much as 0.8 percent to rates above 74 US cents after robust Australian economic data.

Last update: 3 Aug, 2018

US Dollar on the March; Markets Yet to Price in Full Extent of Fed Hikes, Says SEB

The US dollar made inroads against most of the world’s currencies on Thursday as trade fears forced investors into safer assets.

Last update: 2 Aug, 2018

The US Dollar Currency

What do US dollar banknotes look like? Currently printed denominations are $1, $2, $5, $10, $20, $50, and $100. The following table shows the current design of the notes both front and reverse.   US dollar banknotes – front and reverse design (source Wikipedia) The currency is nicknamed the “green-back” as as you can see […]

Last update: 13 Aug, 2019

FX Markets Subdued Despite Trump-EU Deal to Avoid a Trade War

Trade tensions were eased on Wednesday after the US announced it had agreed to work towards zero tariffs on “non-auto industrial goods” with the European Union. Unlike equity markets, which rallied strongly on the news, FX markets were little changed on Thursday morning.

Posted: 26 Jul, 2018

Mexican Peso at 3-Month High Ahead of Important Trade Talks

Ahead of important trade talks in Europe and Washington, the Mexican peso traded on Wednesday at its strongest level in nearly three months, at 18.7 to the dollar. The peso also rallied to its best level this year versus the euro, at 21.9.

Posted: 25 Jul, 2018

Shock as Turkish Central Bank Stands Pat on Interest Rates; Lira Plunges

The Turkish lira shed 3.3 percent in a matter of seconds on Tuesday afternoon after the Turkish central bank left its benchmark interest rate unchanged at 17.75 percent, defying the market’s unanimous forecast for a 100-basis point hike.

Last update: 24 Jul, 2018

Best exchange rates sending money from USA

The holy grail when you send money abroad is finding an organisation that you can trust and one that offers the best exchange rates along with transparent, smart and straightforward customer service.

Last update: 3 May, 2019

Yen Is Star Performer, Yuan Devalued and Bitcoin Finds a Bottom

The Japanese yen has been the star performer of recent days and by Monday afternoon in London it was once again trading higher against most of the world’s currencies. When last seen, USD/JPY stood at 111.

Last update: 7 Sep, 2018

Yen Weakness Persists and New Zealand Dollar Jumps on Inflation

The yen fell on Monday to two-month lows against the pound and euro, and recovered only slightly from Friday’s six-month low against the US dollar. Meanwhile, the New Zealand dollar surged midway through Tuesday’s Asian session after upbeat news on inflation.

Last update: 17 Jul, 2018

NZD Outlook: Inflation Data to Set the Tone for the Coming Months

Tuesday’s second-quarter inflation data will set the tone for the New Zealand dollar for the rest of the summer, say banks. With inflation risks skewed to the downside, a lower kiwi is more likely than not.

Last update: 14 Jul, 2018

Rupee Has Best Day Since 2016 and More Strength Likely

Thursday’s gain of 56 paise over the dollar market the Indian rupee’s best one-day performance since November 2016. The rupee thrived after oil prices plunged on Wednesday.

Last update: 13 Jul, 2018

Yuan and Australian Dollar Hit by Latest Round of US Tariffs

Traders offloaded Chinese yuan and Australian dollars on Wednesday after the US government said it would introduce 10 percent tariffs on a further $200 billion worth of Chinese goods.

Last update: 11 Jul, 2018

Pound Exchange Rates Rise as GBP Traders Anticipate ‘Soft Brexit’

The Pound has defied the odds today and appreciated against the Euro, the US Dollar and a number of other currency peers.

Last update: 9 Jul, 2018

USD/CAD to Trade at 1.35 on Interest Rate Surprise

The Canadian dollar will weaken to 1.35 to the US dollar should the Bank of Canada surprise investors on Wednesday by keeping interest rates on hold, says the latest research report from BNP Paribas.

Last update: 7 Jul, 2018

Swedish Krona On Course for Fourth Day of Gains

The Swedish krona is on course for a fourth consecutive day of gains as investors continue to respond with positivity to this week’s revised inflation forecasts.

Last update: 7 Jul, 2018

US Dollar Exchange Rates Decline as US-China Trade Tariffs Loom

Pound Sterling: GBP Trades Higher after BoE Governor’s Speech The Pound has held close to opening levels against the Euro today, but has elsewhere advanced against the US Dollar. The uptick is down to the latest comments from the Bank of England’s (BoE) governor Mark Carney, who has been speaking in Newcastle today. Mr Carney […]

Last update: 5 Jul, 2018

Pound Exchange Rates Decline on Brexit Fears ahead of Key EU Summit

Pound Sterling: GBP Drops on Brexit Worries The Pound has shown signs of weakening today, falling against the Euro, the US Dollar and most other peers in the lull before a two-day meeting of EU leaders. The summit, taking place today and on Friday, will include Brexit as a topic and there are worries that […]

Last update: 29 Jun, 2018

FX Rates Mixed as BoE Warns about Risks in Brexit Withdrawal Process

Bank of England Cites Perceived Threats of Brexit Withdrawal Process – Pound (GBP) Exchange Rates Encumbered Sterling was trading on a poor footing against the majors on Wednesday morning, falling as investors responded to the Bank of England’s (BoE) latest financial stability report. According to the bank, progress has been made to prepare the UK’s […]

Last update: 2 Jul, 2018

Pound (GBP) Exchange Rates Mixed as Markets Digest BoE Haskel’s Comments

BoE’s Haskel Takes Mixed Policy Stance – Pound (GBP) Exchange Rates Fluctuate The Pound (GBP) has posted a mixed performance on Tuesday morning, rising as market anticipation for a Bank of England (BoE) rate rise rose to 70%, but falling later as Johnathan Haskel – Ian McCafferty’s soon-to-be replacement on the Monetary Policy Committee – […]

Last update: 27 Jun, 2018

Pound (GBP) Exchange Rates Fluctuate as Investors Prepare for EU Council Summit

Brexit Headlines in the Spotlight this Week for Pound (GBP) Exchange Rates The Pound (GBP) proved volatile on Monday, falling against the majors initially before rising into the afternoon. Lacking much in the form of salient UK data, investors were largely responding to changing macroeconomic factors relating to the US and Eurozone economies, with news […]

Last update: 29 Jun, 2018

Travelex US Exchange Rates – BER Review

In this article we take a look at Travelex in the United States, their exchange rates and foreign currency services. Getting your travel money from the local Travelex branch is convenient but with a little planning (and ordering online) you can also save money for your next trip abroad. Travelex US Exchange Rates – How […]

Last update: 16 May, 2019

Outlook for the Australian Dollar is one of volatility

Investor Anticipation for an August BoE Rate Rise Increases – Pound (GBP) Exchange Rates Rise Sterling (GBP) posted a mixed performance against the majors on Friday morning, steadying against the Euro and the Australian Dollar whilst rising against the ‘Greenback’ and the Canadian Dollar. Investors remained rather upbeat about the trajectory of the Pound, with […]

Last update: 27 Jun, 2018

Pound (GBP) Exchange Rates Bearish as Markets Prepare for BoE Rate Decision

Bank of England Rate Decision Looms – What can we expect for the Pound (GBP)? Sterling was trading on poor terms against the majors on Thursday morning, limited by investor caution ahead of the June Bank of England (BoE) rate decision. Analysts are almost entirely of the same mind that a rate hike will not […]

Posted: 21 Jun, 2018

Pound (GBP) Exchange Rates Bearish ahead of Brexit Withdrawal Bill Vote

Pound Sterling (GBP) Exchange Rates Struggle as MPs Vote on Brexit Withdrawal Bill Sterling (GBP) traded sideways against the majors on Wednesday morning, limited by market apprehension ahead of a key vote on the EU Withdrawal Bill. UK Prime Minister Theresa May faces a clash with Conservative rebels in parliament, with a substantial number seeking […]

Posted: 20 Jun, 2018

Pound (GBP) Exchange Rates Hit Seven-Month Low on Fresh Brexit Angst

Pound Sterling (GBP) Exchange Rates Tumble as UK PM Theresa May Faces Showdown from Rebel MPs The Pound (GBP) is encountering a great deal of pressure on Tuesday, falling to a new seven-month low against the US Dollar (USD) as investors digest a combination of political angst, worsening global trade relations and yesterday’s downbeat British […]

Posted: 19 Jun, 2018

Pound (GBP) Exchange Rates Stumble as BCC Downgrades UK Growth Forecasts

Brexit Uncertainty and Political Turmoil Hurt Pound (GBP) Exchange Rates Sterling stumbled against the majors on Monday morning, falling as investors responded to news that the British Chambers of Commerce (BCC) has downgraded its growth forecasts for the UK. According to the BCC, consumer spending, business investment and trade are all weakening, with Britain limited […]

Posted: 18 Jun, 2018

Double-Digit Fall for the Australian Dollar a Possibility, Says Money Manager

The Australian dollar may be in line for a double-digit fall into the “mid-60s” versus the US dollar before the summer of next year, says a senior money manager at Pendal Group.

Last update: 7 Jul, 2018

Xoom Reviewed

We take a look at the Xoom service and check how good their exchange rates are.

Last update: 2 Jul, 2018

TransferWise Money Transfers – Review

TransferWise has been making waves in the global payments market since it came on the scene back in 2011 and is undoubtedly one of the best services for sending money across borders.

Last update: 29 Nov, 2019

Pound (GBP) Exchange Rate Outlook Brightens ahead of Next Week’s BoE Rate Decision

What can we expect for Pound (GBP) Exchange Rates from Next Week’s Rate Decision? Sterling traded on relatively good form on Friday morning, siphoning demand away from the US Dollar thanks to fresh trade war concerns between the US and China and stealing attention from the Euro due to the dovish statements from European Central […]

Posted: 15 Jun, 2018

Dollar Soars and Euro Tanks as Central Banks Plot Different Paths

The euro plunged on Thursday and the US dollar had one of its best days in recent memory after two of the world’s most important central banks announced decisions on monetary policy. EUR/USD, now at 1.156, shed 2 percent, marking its biggest one-day decline since the summer of 2016. Offering contrasting messages were the US […]

Last update: 15 Jun, 2018

Pound (GBP) Exchange Rates Bolstered by Surging UK Retail Sales

UK Retail Sales Smash Expectations – Pound Sterling (GBP) Exchange Rates Capitalise Sterling traded sharply higher against the majors on Thursday morning, supported by news that UK retail sales experienced an impressive rise in May. According to the Office for National Statistics (ONS), retail sales (excluding auto fuel) surged by 4.4%, far ahead of the […]

Posted: 14 Jun, 2018

Pound Exchange Rate Losses Caused by Disappointing UK Inflation Data

Pound Sterling: GBP Declines on Unchanged UK Inflation Rates The Pound has fallen against the Euro, US Dollar and other currency peers today, following the news that UK inflation rates have remained unchanged in May. Economists had been predicting a faster pace of price growth because of higher fuel prices, but actual results have shown […]

Posted: 13 Jun, 2018

Rand at Six-Month Low but Predicted Higher by Year-End

The South African rand has so far been unable to escape the clutches of a broader emerging markets sell-off that shows no signs of letting up. The rand slid on Wednesday morning to six-month lows against eight of the FX G10 (the exceptions being the yen and Swiss franc) and has now suffered a double-digit […]

Last update: 13 Jun, 2018

Pound (GBP) Exchange Rates Climb despite Easing UK Wage Growth

UK Unemployment Remains at 43-Year Lows – Pound (GBP) Exchange Rates Climb Sterling was trading on solid form against the majors on Tuesday morning, unperturbed by weakening UK wage growth and bolstered by signs that unemployment continues to fall. According to the Office for National Statistics (ONS), basic pay growth rose by 2.8% in the […]

Posted: 12 Jun, 2018

New Zealand Dollar Heading to US$0.64

The New Zealand dollar will be worth only 64 US cents within the next twelve months, say economists at Westpac.

Last update: 7 Jul, 2018

Weak UK Factory Data Sends Pound (GBP) Exchange Rates Tumbling

Pound (GBP) Exchange Rates Stumble as UK Manufacturing Output Falls Sterling traded lower against the majors on Monday morning, falling as investors responded to a raft of disappointing data releases regarding trade and the UK’s industrial output. According to the Office for National Statistics (ONS), UK manufacturing production dropped by -1.4% in April year-on-year, down […]

Last update: 11 Jun, 2018

Danske Bank: Euro Upside Limited, No Return to the 1.20s Near Term

The euro’s 0.9 percent gain against the dollar last week to 1.1766 marked the end of a seven-week losing spell and offered hope to euro bulls; however, confidence in the single currency would be misplaced, say researchers at Danske Bank, who forecast “limited [euro] upside potential” between now and year-end. The euro remains down more […]

Last update: 11 Jun, 2018

Pound (GBP) Exchange Rates Climb ahead of G7 Summit

Pound Sterling (GBP) Exchange Rates Crawl Higher despite Brexit Uncertainties Sterling kicked off Friday on an optimistic note, rising against the majors as investors responded to news that the latest BoE/TNS consumer inflation expectations release was mostly positive. According to the Bank of England (BoE) survey, 51% of the public expects UK interest rates to […]

Posted: 8 Jun, 2018

Pound (GBP) Exchange Rates Inch Higher on Optimistic Reuters Brexit Poll

Sterling (GBP) Exchange Rates Anticipated to Recoup Brexit Losses The Pound (GBP) traded slightly higher against most of the majors on Thursday morning, bolstered by the results of a Reuters poll regarding Brexit. In the poll it was revealed that economists considered Sterling is likely to continue to gain and even recoup much of the […]

Posted: 7 Jun, 2018

Bitcoin Loses Its Sparkle and Mexican Peso at 15-Month Low

Bitcoin, it would seem, has lost its sparkle. CNBC are reporting that Google searches for “bitcoin” have fallen 75 percent since January – a statistic suggestive not only of a lack of interest in the world’s largest cryptocurrency, but also of a lack of new buyers. At $7,700, bitcoin is trading at a 55 percent […]

Last update: 7 Sep, 2018

Pound (GBP) Exchange Rates Broadly Weaker despite Upbeat UK Service Sector Activity

Quiet Data Day Leaves Pound (GBP) Exchange Rates Floundering Sterling traded broadly lower against the majors on Wednesday, with a quiet UK data calendar and ongoing concerns regarding the Brexit negotiation process weighing on demand for the currency. Yesterday, investors were pleased to see that UK service sector activity made a strong recovery in May […]

Posted: 6 Jun, 2018

Baht to Trade at 30 to the Dollar, Predicts Bank of Ayudhya

The Thai baht may trade at 30 to the dollar early next year, said one of Thailand’s largest banks on Wednesday. Tak Bunnag, head of global markets at the Bank of Ayudhya, predicts that the baht will appreciate to 31.25 per dollar by the end of this year, from levels a shade below 32 at […]

Last update: 6 Jun, 2018

UK Service Sector Activity rebounds – Pound Sterling (GBP) Exchange Rates Rally

Pound (GBP) Exchange Rates Climb on Upbeat UK Service Sector Activity Sterling traded higher against the majors on Tuesday morning, bolstered by news that the UK’s services sector made a solid recovery last month. Markit’s latest services PMI report printed higher at 54.0 in May, up from the previous score of 52.8 and the market […]

Last update: 7 Jun, 2018

Pound Sterling (GBP) Exchange Rates Flounder despite Above-Forecast UK Construction Activity

UK Construction Holds Steady in May – Pound (GBP) Exchange Rates still Under Pressure Sterling (GBP) stumbled against the majors on Monday, supported by a better-than-expected UK construction print but encumbered by falling business investment due to political uncertainty. IHS Markit’s latest construction PMI survey printed at 52.5 in May, consistent with the previous period […]

Posted: 4 Jun, 2018

Will It Be a Sweet or Sour June for the US Dollar?

June has, for the past decade, been a month in which the US dollar comes unstuck. Per the Dollar Index (DXY), the dollar has lost value in eight of the past ten Junes, and in one of the two profitable years, holders of dollars would have had to suffer a 3 percent intra-month drawdown to […]

Last update: 13 Jun, 2018

Indian Rupee Ends the Week with a Bang

On Friday, the Indian rupee had one of its best days in recent years, with gains of 49 paise and 72 paise against the dollar (₹66.91) and euro (₹78.13) respectively. The rupee was supported after data showed India’s economy growing faster than any other in the world, including China. For USD/INR, now at a one-month […]

Last update: 13 Jun, 2018

UK Manufacturing Beats Expectations – Pound (GBP) Exchange Rates Inch Higher

UK Manufacturing Activity Accelerates in May – Pound Sterling (GBP) Exchange Rates Climb The Pound posted a minor recovery on Friday, supported by news that the UK’s manufacturing sector posted a slightly stronger (if debatable) performance in May. IHS Markit’s latest manufacturing PMI reading printed up at 54.4, beating the previous period’s score of 53.9 […]

Posted: 1 Jun, 2018

Trump Slaps Tariffs on Allies but Calm Prevails Ahead of US Jobs Data

The big news for investors on Thursday was Washington’s confirmation that steel and aluminium products reaching the US from Europe, Canada and Mexico – all important allies – would be subject to trade tariffs. Foreign leaders raged against the decision and announced plans for immediate retaliation. On Tuesday, Washington had already announced tariffs on $50 […]

Last update: 6 Jun, 2018

Pound (GBP) Exchange Rates Bolstered by Rising Consumer Credit

UK Consumer Credit Recovers in April – Pound Sterling (GBP) Exchange Rates Supported Sterling clawed back some of its losses against the majors on Thursday morning, supported by a surprising rise in UK net consumer credit in April. According to the Bank of England (BoE) consumer credit lending jumped by a whopping £1.832bn last month, […]

Posted: 31 May, 2018

Do NOT follow this link or you will be banned from the site!