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Sterling Enjoys First Substantial Rally Since Brexit Announcement

Pound Unconvinced that the UK will actually leave the European Union, optimistic traders saw the Pound rally against the majors yesterday. It has been a harrowing few days for the Pound and yesterday’s developments could serve to place further downward pressure on the currency long-term. Major ratings agency Fitch expects the UK to suffer a... View article >
Posted on 30 June 2016 | 8:53 am GMT
Author: TorFX

British Pound Sterling – Thu Jun 30: GBP Up vs USD, EUR, CHF, AUD, NZD, JPY & INR.

View GBP Chart Dashboard Thursday Jun 30th 9:04 BST – The British Pound Sterling is today up 1.02% against the United States Dollar, up 0.62% against the Euro, up 0.96% against the Swiss Franc, up 0.89% against the Australian Dollar, up 1.06% against the New Zealand Dollar, up 1.24% against the Japanese Yen and up... View article >
Posted on 30 June 2016 | 8:04 am GMT
Author: BER Research

Brexit Uncertainty Continues but Currency Markets Calm

Pound The period of investors fleeing from the Pound has subsided somewhat and as a result the currency has managed to recover some of the losses sustained following last week’s referendum. Yesterday had a distinct lack of any positive news for the UK so the Pound’s mini-rallies appear to be due to investors cashing out... View article >
Posted on 29 June 2016 | 9:21 am GMT
Author: TorFX

British Pound Sterling – Wed Jun 29: GBP Up vs USD, EUR, CHF, AUD, NZD, JPY & INR.

View GBP Chart Dashboard Wednesday Jun 29th 9:04 BST – The British Pound Sterling is today up 0.58% against the United States Dollar, up 0.43% against the Euro, up 0.62% against the Swiss Franc, up 0.54% against the Australian Dollar, up 0.65% against the New Zealand Dollar, up 0.79% against the Japanese Yen and up... View article >
Posted on 29 June 2016 | 8:04 am GMT
Author: BER Research

British Pound Sterling – Tue Jun 28: GBP Up vs CHF & AUD and Down vs USD, EUR, JPY & INR.

View GBP Chart Dashboard Tuesday Jun 28th 9:04 BST – The British Pound Sterling this morning is down -0.22% against the United States Dollar, down -0.45% against the Euro, up 0.15% against the Swiss Franc, up 0.13% against the Australian Dollar, even against the New Zealand Dollar, down -0.09% against the Japanese Yen and down... View article >
Posted on 28 June 2016 | 8:04 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 >

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

BestExchangeRates on UKTI trade mission to London Fintech week

In September BestExchangeRates was one of 10 Australian fintech startups selected from 70 applications by UK Trade and Investment (UKTI), a UK Government department, to take part in a trade mission to pitch at London Fintech Week. We were lavished with attention, events and presentations, made valuable connections with some of the industry’s most influential... View article >
Posted on 1 October 2015 | 10:59 am GMT
Author: David Brown
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