Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates

    USD

    United States Dollar News, Guides, Forecasts & Provider Reviews. Stay on top of 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.

     

    US Dollar Hits 14-Month Low on Cooling US Inflation

    USD sinks as global currency markets react to slowing US inflation, prompting a surge in other major currencies and a potential end to the Federal Reserve's tightening cycle.

    Nigeria’s Decision to End Currency Peg Triggers Historic Naira Plunge

    Central Bank Chief's Removal Sets Stage for Currency Liberalization

    Currency Recap: EUR Strength, USD Falters, CAD Holds Ground, AUD Strong & NZD Weak

    AUD Bolstered by Jobs Report, NZD Dented by Risk-off Flows, EUR Lifted by Hawkish ECB, USD Relinquishes Gains, CAD Steady Amid Rising Oil Prices

    US Dollar Weakens on Regional Banks Fears and Tighter Credit

    The US dollar weakened due to fears surrounding regional banks, while the ECB offered a less hawkish than expected 25bp hike and the Swiss franc is in demand.

    April Outlook Clouded by Banking Uncertainty

    April Forex Outlook: Banking Crises Cast Shadow Over Global Currency Markets

    Will the Loonie take flight in 2023

    Economists are predicting that the Canadian dollar could rise this year.

    How the Weak US Dollar Can Impact International Business in 2023

    Markets have shifted focus to the interest rate policies of other major central banks rather than the Federal Reserve.

    How the US Fed’s Rate Hikes are Reflected in Asian Currency Weakness

    The strength of the US dollar and interest rate movements by the Federal Reserve are behind the weakness of Asian currencies.

    Will the US dollar remain strong?

    The dollar has risen by nearly 20% against most currencies compared to this time last year.

    Fears of US Recession Shifts Currencies & Commodities

    As we approach mid-year a shift has taken place in currency markets with the narrative less about interest rates hikes and more risk-off worries about a possible coming recession.

    War and Inflation Powers US Dollar Strength

    During periods of rising inflation a stronger currency benefits a country's economics as this makes imports cheaper.

    Hong Kong Reverts to More Lenient Travel Restrictions

    Recognising the impact of Covid-19 on its financial status, Hong Kong has reverted back to more lenient travel restrictions to improve life for both residents and travelers.

    Thailand Relaxes Covid Rules for Tourists

    Global travel starts to revive so Thailand moves to revive its Economy after the pandemic.

    New Zealand Opening After Two Years – Aussies Welcomed First

    'Fortress New Zealand' opening after two long pandemic years - Aussies welcomed back first on April 12th and other nationalities on 1st of May.

    Currency Markets Volatile on Energy, China Debt and Inflation

    Property debt crisis in China, central bank bond policy and the energy crisis are combining for a volatile October - it is ever thus!

    Next Crises: China Property plus European Energy shake Currency Markets

    Fears Chinese mega developer Evergrande’s collapse will spark a contagion event and the ongoing European gas crisis has hit confidence.

    Rupee loses recent gains – Aussie dollar comeback

    The FX markets turns risk-off after less new jobs were added in the US last month than expected.

    Oil drop hits loonie and peso – FX Volatility returns

    Volatility returned to the currency markets last week with the Australian and New Zealand Dollar falling the hardest against the Greenback (both down 1W -3.0%).

    RBNZ seen to be the first to hike rates – Boosts Kiwi dollar

    Speculation abounds on whether the RBNZ will be the first to hike rates, this helped the NZD to rise to 1 year highs versus the Aussie dollar.

    USD boosted by unexpectedly strong job creation in July

    Last week’s big event was the strong US Non-Farms Payrolls report for July.

    Pound bounces back – Aussie at Lows on Pandemic lockdowns

    The British Pound GBP was a mover and shaker last week, hitting HIGHS against both the USD (30-DAY), EUR (90-DAY) and other major FX.

    Pound weak on Uncertain Way Out from Lockdown – CAD and USD strong

    The way out from the UK’s experiment of lifting most lockdown measures is far from certain.

    NZ and Canada central banks shift outlooks

    Currency markets move when both the Reserve Bank of New Zealand and the Bank of Canada shift on their bond buying plans and interest rate outlooks.

    Aussie volatile on Delta outbreak – Greenback weaker

    The growth outlook for the Australian economic became pessimistic when more lockdowns were announced due to rising COVID-19 cases in Sydney.

    Jobs Report – US dollar Buy Rumour Sell Fact

    US Non-Farm Payrolls report was a mixed result - the Unemployment Rate moved higher but Wages slipped.

    Fed inflation divisions pulls back US dollar

    Fed Officials mixed opinions following last week’s hawkish bent reduces markets perception of sooner rate rises.

    US Fed growth forecasts upsets currency markets

    Last week the US Federal Reserve moved its growth forecasts higher and brought forward the timing of its interest rate hikes to 2023.

    European Central Bank casts no fresh clues

    Review of Currency Market trends and news from last week.

    US jobs shock on Friday hits USD; Positive for AUD, CAD, EUR, GBP

    Friday was a volatile day in currency markets after a much weaker than expected US jobs report was released.

    USD regains ground after April drop

    In May the US dollar has regained some of the ground it lost last month when it had its longest stretch without gains against a basket of peers in nine months.

    FX tailwinds shift from USD to AUD and EUR

    Softening US Treasury yields surprised the markets last week, shifting tailwinds away from the US dollar towards risk-on currencies.

    FX Markets Volatile on Post-Covid USD Forecasts

    The strong US stock markets and higher yields from treasury bonds may be the catalyst for strong swings for currencies versus the USD.

    Bitso Transfer Review

    We review the exchange rates of Bitso Transfer that lets you send and receive money between friends. Fast and easy, without any fees.

    US Dollar pauses long drop amid Washington political crisis

    New Year brings a weak US dollar and chaos in Washington DC with Capitol Hill reduced to a riot zone and President Trump impeached for a second time.

    Turkey finally raises rates – Lira jumps 11 percent

    On Thursday Turkey’s central bank finally caved into financial markets and jacked up interest rates by a hefty 4.75 per cent raising the benchmark rate to 15 per cent promising to remain tough on inflation.

    Markets Volatile after US Election & Vaccine news

    The recent period has been volatile for currency markets tossed about by US election uncertainty, stimulus spending doubts and both good and bad news from the COVID-19 frontline.

    US Dollar could jump 3 percent vs Euro on Trump win; Parisians flee lockdown

    The Euro is slumping as France and Germany resume national lockdowns to combat surging second-wave Covid cases.

    XE Money Transfers Reviewed

    XE works on razor thin margins for money transfers to more than 100 countries and nearly always guarantees a fantastic deal. Transfers can be booked online and over the phone and most are processed within a single working day.

    Wise Borderless Account – BER Review

    TransferWise’s Borderless Account allows users to hold and convert funds in 40 different currencies and send and spend internationally, all at the “real” exchange rate and with exceptionally low service fees. Users can also receive major-currency payments free of charge.

    OFX Global Currency Account – BER Review

    OFX Global Currency Account – Independent BER Review OFX Global Currency Account: A Summary OFX has a 30-year history and is one of the largest foreign exchange specialists in the world. It offers a “Global Currency Account” that allows online sellers to hold, send and receive funds in GBP, EUR, USD, AUD, CAD and HKD. […]

    Coronavirus panic drives US dollar strength

    Currency rates were extremely volatile last week as the coronavirus situation worsened day by day with various countries implementing ever-tougher measures to stop the spread of the disease.

    Coronavirus spread fears linger – USD strong – AUD at 11 year lows

    This week the US Dollar was touching three-year highs when valued against a basket of major currencies. The greenback's traditional role as one of the safe-haven currencies is helped by a domestic economy that is largely immune to the threats of the coronavirus.

    Coronavirus unnerves currency markets

    The strong start to the year for "risk-on" currencies is already a distant memory.

    Booming Commodities Can’t Save Australian Dollar

    The Australian dollar is at or near multi-month lows against a number of major currencies in spite of a rampant iron ore market — once a great influence on AUD.

    Sterling Nears 5-Month Low Versus Euro

    The UK economy is shrinking, as is the pound, which is buying less than 1.12 euros for the first time since mid-January. Investors are becoming increasingly unsettled over Brexit, particularly with Boris Johnson a hot favourite to become the UK's next prime minister.

    US Dollar at 10-Week Low After Payrolls Disappoint; Fed Rate Cuts Now a Certainty

    Investors dumped the US dollar on Friday after US jobs data came in well short of estimates and cemented expectations for lower US interest rates. In the coming months, the greenback might maintain its value based on safe haven inflows and looser monetary policies in other parts of the world.

    Australia Cuts Interest Rates for the First Time in 3 Years

    The Australian dollar remains stable in the high US$0.69s following the RBA’s decision on Tuesday to cut Australian interest rates to a record low of 1.25 percent.

    Pound Could Be 10 Percent Higher at Year-End as No-Deal Brexit Risks Overblown

    A “no deal” Brexit remains highly unlikely according to experts at Goldman Sachs and ING, and as such the pound is grossly undervalued and could rise strongly from current levels.

    SGD, MYR at 6-Month Lows After Singapore, Malaysia Added to U.S. Currency Watchlist

    The currencies of Malaysia and Singapore were trading at 6-month lows against the dollar on Wednesday following news that the US had added the Southeast Asian nations to its watchlist of suspected currency manipulators.

    SWIFT Trials Real-Time Transfers in Europe; GPI Network an Answer to Ripple

    The operator of the world’s largest financial messaging system, SWIFT, has said it will trial real-time "gpi" cross-border payments using the European Central Bank's TIPS platform. SWIFT gpi has been developed as an answer to distributed ledger payment technologies, most notably Ripple.

    Expensive Holidays for Brits After Pound Slips for Record 13th Day; What Next?

    The British pound fell on Wednesday for a record thirteenth consecutive day against the euro. The currency is taking a Brexit-induced beating days before May’s half-term school break — a popular time in the UK for family holidays.

    Banks Fined €1.1 Billion for Currency Manipulation

    Five banks have been fined a collective €1.07 billion by the European Commission for running a “cartel” that manipulated foreign exchange rates for financial gain.

    Sterling in Trouble: Eighth Day of Losses Takes GBP to 3-Month Low

    The British pound fell on Wednesday towards a 3-month low against the euro and US dollar as attention turned back to Brexit and after lower-than-expected wage growth lessened prospects for a Bank of England rate hike.

    Australian Dollar at 4-Month Low After China Announces Tariff Retaliation

    The US-China trade war is hotting up and that’s bad news for the Australian dollar, which slipped on Monday to a 4-month low against the dollar, euro and yen.

    Canadian Dollar Shockingly Undervalued, Analysts Say

    The Canadian dollar might be worth considerably more towards the end of this year based on research by Scotiabank analysts who describe the currency as being “egregiously” undervalued.

    Australian Dollar Leaps as RBA Stands Firm on Interest Rates

    The RBA left interest rates on hold at 1.5 percent on Tuesday, spurring big gains for the Australian dollar, which had slipped beforehand to long-term lows against several major currencies. Roughly half of economists had expected rates to be cut by 25 basis points.

    AUD/INR: A Perfect Storm for a Higher Exchange Rate

    Seasonal weakness, election uncertainty, strong technical support and oil market complications should be more than sufficient to spur an AUD/INR rally into mid-year.

    British Pound in Great Form with Brexit Troubles Fading

    Constructive Brexit talks between UK politicians have imparted a sense of renewed optimism that has lifted the British pound to a 2-week high against the dollar and to a 3-week high against the euro.

    India Pursues Complete Ban on Digital Currencies

    Cryptocurrencies and the blockchain technologies that support them are at the forefront of remittance-industry innovations, but these are under attack in India, where a complete crypto ban will be proposed in May.

    Dollar Turbocharged by Economic Data; At Long-Term High Versus Euro, Franc and Krona

    A turbocharged US dollar is likely to be “stronger for longer” after reaching long-term highs against a host of major currencies, including the euro, Swiss franc and Swedish krona.

    Aussie dollar in the trenches after low inflation result

    The RBA has resisted cutting interest rates lower than the record 1.5 per cent, however, this week's lower than expected inflation data could make a cut inevitable.

    Swiss Franc Slumps to 6-Month Low Versus Euro

    The Swiss franc continued its shocking run of form on Tuesday, slipping against the euro to its weakest level in 6 months.

    8 Percent Drop Coming Soon for Australian Dollar; RBA “Wants a Weaker Currency”

    HSBC has reaffirmed its US66¢ year-end forecast for the Australian dollar, thereby signalling an upcoming 8 percent slide in the world’s fifth most traded currency.

    SGD/MYR at 17-Month High; Ringgit Slumps on FTSE Index Deselection

    What is arguably Southeast Asia’s most important exchange rate, Singapore dollar-Malaysian ringgit, leapt on Thursday to its highest level since November 2017, driven by FTSE Russell’s decision to reconsider Malaysia’s inclusion in an important bond index.

    Commodities Boom Will Take Australian Dollar to US$0.74

    The Australian dollar is forecast to climb to US$0.74 in the coming months, supported by a commodities boom that has seen the price of Australia’s largest export, iron ore, climb to a 5-year high.

    Brexit This Year Now a Toss-Up, Bookmakers Say; What Next for Pound?

    With the chance of a 2019 Brexit now reduced to 50 percent, the pound’s value is likely to remain capped for the time being, most likely near US$1.34, experts say. On the downside, US$1.24 is likely should the latest Article 50 extension be used to hold a UK general election.

    Euro to Sink to US$1.08, Says ANZ

    The euro hasn’t traded as low as US$1.08 since the early portion of 2017, but that’s where we’re heading within the next 3 months, analysts at ANZ believe.

    AUD/NZD at 10-Week High and “Likely to Run Higher From Here”

    The Australian dollar-New Zealand dollar exchange rate rose on Friday to a 10-week high as traders continue to make bets on monetary policy divergence between the RBA and RBNZ. Even higher rates are expected by teams at TD Securities and Societe Generale.

    Bitcoin More Popular Than Visa, MasterCard for Large Payments; Recent Price Surge Only the Beginning (DataLight)

    Research has highlighted the popularity of bitcoin for large payments, including those across borders. By transaction volume, bitcoin has nearly caught up with Mastercard and may in future overtake the market leader, Visa. In the markets, bitcoin’s sudden surge earlier this week is yet to be explained.

    Get Ready for Sterling’s “Big Finish”; Australian Dollar at 2-Week Low

    Goldman Sachs is backing British MPs to soon find a way through the current political deadlock, after which a “big finish” is expected by the British pound. Meanwhile, pessimism surrounds the Australian and New Zealand dollars, both of which have fallen to multi-week lows.

    Banks Bet Against Aussie, Kiwi Dollar

    For much of this year, banks have been betting on further Australian dollar deprecation, but after last week’s RBNZ shocker, they have also given a thumbs down to the New Zealand dollar.

    Shocking Loss for New Zealand Dollar After RBNZ Says a Rate Cut Most Likely

    The New Zealand dollar plummeted on Wednesday after the RBNZ said its next move on interest rates was likely to be a cut.

    Benign Brexit Outcome Most Likely; Pound to Strengthen, Says Bank of America

    Developments this week make a “benign Brexit outcome” the most probable and offer reason enough to be favouring British pound appreciation for the foreseeable future, analysts at Bank of America Merrill Lynch have said.

    Australian Dollar: Last Week’s Price Action Suggests Further Declines

    Given what should have been obvious advantages, the Australian dollar’s inability to gain against the US dollar last week is an ominous sign that suggests further Aussie depreciation in the near term.

    US Dollar Plunges After Fed Signals No Rate Hikes This Year

    The US dollar crumbled on Wednesday after the Federal Reserve signaled it would keep interest rates unchanged throughout 2019, thereby backtracking on the two rate hikes it predicted in December.

    CBOE Ditches Bitcoin Futures Amid Reduced Interest

    Amid declining interest, the Chicago Board Options Exchange, or CBOE, has announced it will no longer offer bitcoin futures contracts once current contracts expire in June.

    Canadian Dollar to Lose a Further 5 Percent, Will Soon Buy Only US$0.71 (TD Securities)

    Prospects for the Canadian dollar have turned “considerably to the downside” and the currency is likely to lose 5 percent of its value this year, TD Securities has said.

    Pound Falls From 21-Month High After Doubts Cast on May’s “Legally Binding” Assurances

    The pound fell rapidly away from long-term highs on Tuesday morning after Britain’s Attorney General said that the “legally binding” assurances secured on Monday night by Theresa May merely “reduced the risk” of the UK being trapped in a permanent backstop.

    Australian Dollar, Euro Get Lift from “Too Bad to Be True” US Data

    US jobs growth of only 20,000 in February, versus expected growth of 180,000, has allowed rest-of-the-world currencies to claw back ground against the US dollar which, until Friday, had been on a stellar run.

    Canadian Dollar Still Friendless After GDP; Fair Value Much Lower

    After a friendless Friday, the Canadian dollar has continued to lose value at the start of the new week. Now worth C$1.332 per USD, the loonie is at a 12-day low, but it has far further to fall if CIBC’s fair value estimation of C$1.4 is anything to go by.

    Sterling Leaps to 21-Month High on Prospects of Brexit Delay, Second Referendum

    The British pound has hit a 21-month high against the euro following increased speculation of a delayed Brexit and after Britain’s opposition party leader said he would now back a second referendum on EU membership.

    Pound at 2-Week High Ahead of May-Juncker Brexit Meeting

    The British pound was in high demand on Tuesday ahead of an important meeting between British PM Theresa May and EU officials, at which investors are hoping for a Brexit breakthrough.

    Euro to Strike 20-Month Low This Week; $1.12 Beckons

    Those intending to pick up euros this week should consider heeding warnings offered by MUFG. The bank expects the euro to move towards cheaper levels in the coming days and it would therefore be unwise to pay rates offered on Monday.

    New Zealand Dollar Jumps After RBNZ Says It Won’t Lower Interest Rates

    The New Zealand dollar leapt on Wednesday in response to the latest remarks from the RBNZ, which said that interest rates in New Zealand would not be lowered this year or next, wrong-footing investors who had adjusted FX positions to account for lower rates.

    Dollar Optimism Drives Markets

    Against a basket of currencies, the US dollar struck an 8-week high on Tuesday after US lawmakers reached an agreement on border security funding and as hopes build for a breakthrough in US-China trade talks.

    Cryptocurrencies Soar: Litecoin Gains 30 Percent

    Cryptocurrencies exploded on Friday for reasons not fully understood by analysts. Litecoin was among the day’s stars, gaining 30 percent. Brokers, though, remain skeptical about the rally’s sustainability.

    Tough Week for Australian Dollar as RBA Disappoints on Growth, Interest Rates

    Further losses on Friday cemented the Australian dollar’s status as the week’s worst performing major currency. Depreciation has been driven by Australia's central bank, which has slashed forecasts for 2019/20 economic growth and signaled it could lower interest rates.

    Pound Rejects Lower Prices After Bank of England Slashes Growth Forecast

    The pound rejected sub-US$1.29 levels on Thursday even after the Bank of England slashed growth forecasts, indicating underlying strength. Analysts say that the pound will rally to buy US$1.40 should Theresa May secure the EU concessions needed to pass her Brexit withdrawal agreement.

    Australian Dollar in the Headlines This Week; Latest RBA Forecasts Due

    With a number of Australian data releases, RBA statements and forecasts on the economic calendar, the Australian dollar is likely to be in the headlines this week, for good or bad.

    Canada’s Largest Crypto Exchange Files for Bankruptcy

    Canada’s largest crypto exchange, QuadrigaCX, has filed for bankruptcy. Additional bad news for the crypto industry was hardly needed given cryptocurrency prices 80 percent below 2018 peaks. Price predictions are now “pointless,” one analyst says.

    Pound Reverses from 3-Month High After MPs Reject a Delayed Brexit

    The pound is back trading in the US$1.30s after British MPs rejected a proposal to delay the UK’s exit from the European Union, which analysts say increases the likelihood of "no deal."

    AUD Steady Ahead of Inflation, FOMC and Trade Talks

    The Australian dollar was little changed on Tuesday despite what should be AUD-supportive remarks from an RBA board member. The Aussie remains subdued ahead of important inflation data, a Fed meeting and a second round of trade talks between the US and China.

    Researchers Make Sweeping Cuts to Australian Dollar Forecasts

    Within recent days, a host of experts have cut forecasts for the Australian dollar, indicating a new wave of pessimism on what is already the past year's worst-performing major currency.

    BER-News: Bitcoin below $US10K mark (again)

    Among the world’s ten most actively traded currencies, it was the Chinese yuan that was leading the pack approaching the end of the Asian business week.   Last week: majors all down   Aussie dollar (AUD) was down last week, retreating from US0.80 cents, on Australia’s disappointing rise in private sector wages, their massive contraction […]

    Bitcoin Is a Bubble: It’s a “Classic Case,” Says RBNZ Head

    Bitcoin looks “remarkably like a bubble” to the Acting Governor of New Zealand’s central bank, Grant Spencer. Speaking to TVNZ this weekend, Spencer – who will lead the RBNZ’s Monetary Policy Committee until March – said that bitcoin appears to be a “classic case” of a financial bubble. “Over the centuries we’ve seen bubbles and […]

    Good spirits in the currency markets + Fed holds off hiking rates

    Hi there, ahead of some major announcements investors were in surprisingly good spirits yesterday, indicated by a stronger New Zealand dollar, South Korean won, rupee and a faltering yen. Sterling is subdued against the majority of its peers this morning as investors are reluctant to move ahead of the Bank of England (BoE) rate decision […]

    World First’s selection of 11 global events for sports lovers in 2016

    A new year brings a wealth of sporting delights around the world, from Euro 2016 to the Invictus Games. Here at World First, we help people transfer money around the world. Some of the people we help in 2016 might be out in the US for the Ryder Cup golf, and enjoy it so much […]

    World First’s list of 101 things to do around the world in 2016

    Want to do something different in 2016? We’ve scoured the world for the biggest, messiest, noisiest, most iconic and, frankly, the weirdest events around the world to compile the ultimate list of 101 things to do around the world in 2016. From sport to music, festivals to the weird and wonderful, we’ve got you covered. […]

    Experiment: $100K sent with OFX saves $3K vs $100K sent via a Bank

    We came across an article in The Australian Financial Review today on an interesting experiment of splitting a $200K AUD->USD transfer into two, with half sent via OzForex and the other half by one of the ‘big four’ Australian banks on the same day to compare what arrives at the other end. The results are […]


    Foreign Transfers

    Travel/Spend Abroad


    Get a Better Deal when you Send and Spend Abroad.