Australian Dollar – Thu Jul 28: AUD Up vs JPY and Down vs USD, GBP, EUR, NZD, CNY & SGD.

Thursday Jul 28th 10:05 AEST – The Australian Dollar is today down -0.09% against the United States Dollar, down -0.85% against the British Pound Sterling, down -0.87% against the Euro, down -0.26% against the New Zealand Dollar, down -0.1% against the Chinese Yuan, up 0.19% against the Japanese Yen and down... View article >
Posted on 28 July 2016 | 12:05 am GMT
Author: BER Research

Pound Sees Muted Reaction to Stronger Second Quarter UK GDP

Chart Although the Pound slumped sharply in response to the dovish commentary of Bank of England (BoE) policymaker Martin Weale it was not long before it began to recover some ground against rivals. Despite the odds of an August rate cut being priced significantly higher as a result of Weale’s... View article >
Posted on 27 July 2016 | 9:00 am GMT
Author: TorFX

Australian Dollar – Wed Jul 27: AUD Up vs USD, GBP, EUR, CNY & SGD and Down vs NZD & JPY.

Wednesday Jul 27th 10:05 AEST – The Australian Dollar is today up 0.63% against the United States Dollar, up 0.28% against the British Pound Sterling, up 0.66% against the Euro, down -0.41% against the New Zealand Dollar, up 0.45% against the Chinese Yuan, down -0.27% against the Japanese Yen and up... View article >
Posted on 27 July 2016 | 12:05 am GMT
Author: BER Research

Chances of BoE Rate Cut Boosted as Dovish Commentary Dents Pound Exchange Rates

Week Chart Although UK business optimism was found to have plunged dramatically from -5 to -47 in the wake of the EU referendum this failed to particularly weigh on the Pound. Monday largely saw Sterling taking back some of the losses incurred on the back of the July PMIs, with... View article >
Posted on 26 July 2016 | 8:38 am GMT
Author: TorFX

Australian Dollar – Tue Jul 26: AUD Up vs GBP & SGD and Down vs EUR, NZD, CNY & JPY.

Tuesday Jul 26th 10:05 AEST – The Australian Dollar this morning is even against the United States Dollar, up 0.21% against the British Pound Sterling, down -0.21% against the Euro, down -0.08% against the New Zealand Dollar, down -0.13% against the Chinese Yuan, down -0.62% against the Japanese Yen and up... View article >
Posted on 26 July 2016 | 12:05 am GMT
Author: BER Research

How can I get the best possible foreign currency exchange rate?

There are lots of ways; most importantly you need up-to-date information on exchange rates and fees. When you use BestExchangeRates you can see clearly which currency vendor is offering the best deal for your International Money Transfers and Travel Money needs, and most importantly who is taking the smallest margin and fees to give you... View article >

What makes sending money internationally so expensive?

There are a number of cost components to making and receiving international payments, most of which are far from transparent to customers: Currency fees Currency conversion rates : Banks charge huge margins for currency conversion to the majority of businesses and individuals. They tend to fix rates once a day and therefore need to incorporate... View article >

What is the International Mid-Market Rate?

All Vendor currency exchange rates on BestExchangeRates are compared to what we call the Mid-Market Rate for each currency pair. This mid-market rate (sometimes also called the interbank rate or spot rate) is used in global financial markets and what you normally see reported on the news. It is called the “mid-rate” because it is... View article >

When is the Foreign Exchange Market Open around the world?

Forex Market Hours: As one major forex market closes, another one opens. Using the GMT timezone, for instance, forex trading hours move around the world like this: available in New York between 01:00 pm – 10:00 pm GMT; at 10:00 pm GMT Sydney comes online; Tokyo opens at 00:00 am and closes at 9:00 am... View article >

Australia Week in China Trade Delegation

BestExchangeRates was selected as a delegate for the Australia Week in China (AWIC) trade delegation to China with Prime Minister Malcolm Turnbull in April 2016. AWIC 2016 was the largest business mission ever organised by Austrade consisting of almost 1000 delegates from around 750 companies. AWIC 2016 focussed on forging business linkages, building the bilateral... View article >
Posted on 12 May 2016 | 3:06 am GMT
Author: BER Admin

BestExchangeRates wins Best International Money Transfer Comparison Provider 2016

TradeFinanceGlobal.com – London Friday 19th February 2016: The judging panel are delighted to announce that we have chosen BestExchangeRates as the winner for the: “Best International Money Transfer Comparison Provider” award. We felt that the company takes a fresh approach to the currency transfer market with its simplicity and the clarity of information displayed on... View article >
Posted on 19 February 2016 | 12:22 pm GMT
Author: David Brown

BestExchangeRates on Sky News Money talking travel cards

Money Exchange TV’s Andrew Barnett interviews BER CEO, David Brown, for Sky News Money. David explains how to save money on your travels using a prepaid travel card, and why you should never exchange money at the airport departure gate.
Posted on 8 December 2015 | 10:43 am GMT
Author: David Brown

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