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Pound Climbs against Peers on Hopes of UK-China Trade Deal

Week Chart Sterling has been a relatively stable option against its peers today despite the fact that the Confederation of British Industry (CBI) has posted some highly injurious results for July, a month after ‘Brexit’. The CBI’s trends for total orders have fallen from -2 to -4, while business optimism... View article >
Posted on 25 July 2016 | 10:51 am GMT
Author: TorFX

British Pound Sterling – Mon Jul 25: GBP Up vs USD, EUR, CHF, NZD, JPY & INR.

Monday Jul 25th 9:00 BST – The British Pound Sterling starts the week up 0.21% against the United States Dollar, up 0.19% against the Euro, up 0.26% against the Swiss Franc, even against the Australian Dollar, up 0.2% against the New Zealand Dollar, up 0.34% against the Japanese Yen and up... View article >
Posted on 25 July 2016 | 8:00 am GMT
Author: BER Research

Sterling (GBP) Gives Up Much of its Weekly Gains as PMIs Indicate Brexit Damage

Week Chart Sterling plummeted across the board on Friday, ending a mixed week of wide fluctuations and ups and downs as July’s preliminary PMIs indicated that the Brexit had indeed had a negative effect on the UK’s economy. Already forecast to be low in response to Brexit jitters, Markit’s UK... View article >
Posted on 22 July 2016 | 11:36 am GMT
Author: TorFX

British Pound Sterling – Fri Jul 22: GBP Down vs USD, CHF, NZD, JPY & INR.

Friday Jul 22nd 9:01 BST – The British Pound Sterling is today down -0.17% against the United States Dollar, even against the Euro, down -0.11% against the Swiss Franc, even against the Australian Dollar, down -0.38% against the New Zealand Dollar, down -1.24% against the Japanese Yen and down -0.31% against... View article >
Posted on 22 July 2016 | 8:01 am GMT
Author: BER Research

Pound Sterling Shattered by Falling Retail Sales Pre-‘Brexit’

Week Chart The Pound has made heavy losses against virtually all of its peers on account of UK retail sales for June falling by more than forecast. For the base printings, a slip from 5.7% to 4.3% was seen in June, while on the month, a slide from 0.9% to... View article >
Posted on 21 July 2016 | 10:30 am GMT
Author: TorFX

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 – 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
Postal Address: 208/88 Crown St Woolloomooloo, 2011 NSW Australia.
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