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Rising Confidence and G7 ‘Brexit’ Warning Help Pound Sterling Recover Pound Sterling is recovering from yesterday’s slump today thanks to a combination of correctional trading and a better-than-expected domestic consumer confidence score. UK consumers are still pessimistic overall, with the index printing a -1, but this was better than the predicted drop from -3 to... View article >
Friday May 27th 12:02 NZST – The New Zealand Dollar is today up 0.4% against the United States Dollar, up 0.63% against the British Pound Sterling, up 0.08% against the Euro, down -0.09% against the Australian Dollar, up 0.39% against the Chinese Yuan and up 0.16% against the Fijian Dollar; read... View article >
Pound Sterling Weakens as GDP Figures Disappoint Today’s UK data has mostly printed below forecasts, with the second round of GDP estimates for 2016 Q1 showing a surprise downward revision to growth expectations. The quarter-on-quarter (QoQ) figure was reaffirmed at 0.4%, but the annualised forecast was trimmed ten basis points to 2%. Accompanying the headline... View article >
Thursday May 26th 12:02 NZST – The New Zealand Dollar is today down -0.28% against the United States Dollar, down -0.74% against the British Pound Sterling, down -0.37% against the Euro, down -0.35% against the Australian Dollar, down -0.29% against the Chinese Yuan and up 0.06% against the Fijian Dollar; read on for market news... View article >
Pound Sterling Advances on IFS Prediction of Extended Austerity after ‘Brexit’ With no domestic data to provide momentum, Pound Sterling is at the mercy of market sentiment and the latest ‘Brexit’ arguments. The most recent YouGov poll has shown that both sides of the campaign are tied with 41% of voter support, undermining the positivity... View article >
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 needs, most importantly who is taking the smallest margin and fees to give you the largest possible converted amount. Below is... View article >
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 >
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 >
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 >
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 >
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.
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
We make it Easy to Compare Exchange Rates & Fees of Banks and Online Currency Exchange & Payment Providers
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