x
By using this website, you agree to our use of cookies to enhance your experience.
We have 1 guests online 
Sign up

Forex

British travellers withdraw £3.9bn abroad

Tuesday 19th October 2010

More than 11 million British travellers have withdrawn the equivalent of £3.87billion in foreign currency while they were abroad over the past 12 months, according to Sainsbury's Travel Money...

Will strengthening Yen damage Japan?

Monday 13th September 2010

There has been a lot of speculation that the yen will pass its post-war high of 79.75 (to the dollar) last reached in April 1995...

Yen hits 15-year high against US dollar and euro

Tuesday 24th August 2010

The Japanese yen has hit a 15-year high against the dollar and a nine-year peak against the euro on as investors tested the resolve of Japanese authorities to intervene and stem the yen's steady rise...

Asian currencies rise on optimistic growth outlook

Friday 20th August 2010

With growth that’s forecast to exceed that of developed markets and investors attracted by relatively high yields, Asian currencies gained this week, led by the Thai baht and Malaysia’s ringgit...

The pound survives first 100 days of the Coalition

Thursday 19th August 2010

When the General Election on May 6th brought in a hung parliament and sterling fell on the result, many predicted the currency would have a bumpy ride for the rest of the year...

Euro continues to fall against dollar

Thursday 19th August 2010

The euro dropped for a second day against the dollar as signs that Europe’s economic recovery is waning damped demand for the single currency...

Japan’s growth slows on worries over strength of yen

Monday 16th August 2010

As Japan struggles with deflation and a rise in the yen that threatens an export-reliant recovery, the country’s economic growth slowed in the second quarter of 2010 and analysts predict more weakness ahead...

Stronger pound boosts holidaymaker wallets

Thursday 5th August 2010

The strengthening pound will give holidaymakers a much needed boost in their spending money this summer...

Pound lifts against euro but Bulgaria and Croatia give best value

Thursday 29th July 2010

Destinations in the euro zone are offering more value than last summer with the pound strengthening 2...

Search for 'hidden heroes' of forex trading

Friday 9th July 2010

Knowledge to Action has launched a search for the homegrown heroes of foreign exchange trading. The training company is inviting ambitious independent traders who graduated from its "forex" courses to chart their performance over the next three weeks...

Sterling bottoming out - so look elsewhere

Tuesday 29th June 2010

Following a torrid three years, sterling is at last beginning to bottom out, according to Rob Pemberton, investment director of wealth manager HFM Columbus...

Chinese yuan to move freely

Friday 25th June 2010

After months of speculation, the Chinese government has announced its plan to allow its currency to move freely...

Sterling - the currency everybody loves to hate

Tuesday 30th March 2010

By Mike Jones Tristan Hanson, manager of asset allocation and strategy at Ashburton, considers the future for sterling...

BoE response on sterling: Crisis - what crisis?

Thursday 11th March 2010

By Mike Jones A senior Bank of England official has dismissed fears of a dramatic drop in the value of the pound...

Record GBP 5bn bet by traders against euro

Tuesday 9th February 2010

Traders have bet almost £5billion on declines in the value of the euro - the largest "short position" since it was launched...

euro rises against dollar but zone threat still lingers

Monday 8th February 2010

By Mike Jones The euro increased against the US dollar this morning following a series of losses. But concern still remains about Euro zone viabilty and, as a result, the euro remains close to its lowest level for many months...

Sterling powers against Canadian dollar ahead of Winter Olympics

Wednesday 3rd February 2010

By Mike Jones With the Winter Olympics in Vancouver just a couple of weeks away, travel money expert ICE (International Currency Exchange) is urging travellers to the games to get their currency ordered while the Canadian Dollar against the Pound is at a good rate...

euro arrests decline - temporarily

Tuesday 2nd February 2010

The slide which has knocked the euro in recent weeks looks to have halted - albeit temporarily. It rose 0...

euro up slightly but remains near 7-month low

Monday 1st February 2010

The under-pressure euro rose slightly against the US dollar today after last week's poor run which saw it reach seven-month lows...

CLS/ICAP joint venture launches CLS Aggregation service for global FX markets

Friday 29th January 2010

By Mike Jones CLS Group and Traiana, an ICAP company, have announced that a joint venture to provide trade aggregation services to participants active in the over-the-counter FX market has gone live, heralding a new chapter in operational risk reduction and banking industry collaboration...

Euro battered again as currency reaches 6-month low against US dollar

Thursday 28th January 2010

By Mike Jones The euro hit another six-month-low against the dollar in Asia amid further concerns about the fiscal health of some Euro zone countries...

Best value destinations for UK travellers in 2010 - ICE

Wednesday 27th January 2010

By Mike Jones Travel money expert International Currency Exchange has analysed exchange rates over the past 12 months and is suggesting travellers look at how far their spending money will go before booking a trip abroad...

More than half US dollar offshore savings accounts pay less than Fed rate

Tuesday 26th January 2010

By Mike Jones Analysis by Investec Bank found more than half (52%) of US dollar offshore savings accounts are paying less than the US Federal Reserve ("Fed") rate of 0...

Euro down, dollar stays steady

Monday 25th January 2010

Greece's fiscal deficit continues to plague the euro which traded marginally down overnight. Dollar values stayed flat as the market continued to react to US President Barack Obama's proposed banking reforms...

Alpari launches true ECN trading on MetaTrader 4

Friday 22nd January 2010

By Mike Jones Alpari (UK) has launched true ECN trading on MetaTrader 4, featuring Straight Through Processing (STP) and Non Dealing Desk (NDD) execution...

euro hits 5-month low against dollar

Thursday 21st January 2010

The euro hit a five-month low against the dollar in early trading on Thursday. Once again it has been hampered by financial fears for some euro zone economies, Greece in particular...

Euro falls again on Greek woes

Wednesday 20th January 2010

More fears over Greece's finances saw the euro fall again as deficits among some euro zone countries continue to put the currency under pressure...

Swiss Franc Forex swaps to be stopped by ECB

Tuesday 19th January 2010

By Mike Jones The European Central Bank is to stop conducting one-week Swiss franc liquidity-providing swap operations after January 31, 2010...

Dollar and yen fall in quiet Asian market

Monday 18th January 2010

While American markets stay closed for the Martin Luther King day holiday, quiet trade in Asia saw the dollar and yen both fall...

JPMorgan earnings out and higher U.S industrials figures expected

Friday 15th January 2010

By Christian Tegllund Blaabjerg, market strategist, Saxo Bank Intel posted better than expected earnings yesterday and today's most earnings release is from JPMorgan...