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U.S. Jobs Fall as Canada Adds 75,000: What It Means for USD/CAD
Opposing July employment reports from the United States and Canada changed the rate backdrop for people converting between USD and CAD.
South Korean Won Rebounds Nearly 8% Against Dollar in July
The won reversed much of its first-half weakness in July, changing the conversion backdrop for South Korea travel, USD transfers and overseas payments.
Central Banks Diverge as Fed Holds and AUD Rate Bets Ease
The Fed held rates with three dissenters seeking a hike, Australian inflation slowed and MAS tightened as the Bank of England and Bank of Japan decisions approached.
South African Rand Falls After SARB Holds Rates at 7%
The rand weakened after South Africa's central bank held rates, making live USD/ZAR quotes and total transfer costs important to compare.
Bank Indonesia Holds at 5.75% as Rupiah Stays Near Record Low
Bank Indonesia held rates at 5.75% and expanded rupiah-support measures, changing the backdrop for IDR transfers, supplier payments and travel money.