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Currency updates and helpful tips designed to assist people moving money overseas. More Info

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Currency Guidance

Currency Guidance

Currency Update

July 6, 2012 by Nat

Yesterday the Bank of England announced the expansion of its assets purchase programme by £50bn. At the same time, and as expected, interest rates were kept on hold at 0.50%. Meanwhile the European Central Bank… Read more…

Categories: Financial

Greek election fails to resolve Eurozone’s problems

June 19, 2012 by Nat

Yesterday’s early euphoria surrounding the Greek elections was short lived as European Markets opened. Instead concerns  surrounded Spain and Italy: Spainish 10 year Bonds = new high  7.16% Italian 10 year… Read more…

Categories: Financial

Eurozone Crisis Update

June 12, 2012 by Nat

Spain has become the 4th Euro nation to receive a bailout, behind Portugal, Greece and Ireland. Initially (yesterday) the markets welcomed this decision with open arms, risk rallied and EUR-USD… Read more…

Categories: Financial

Risk aversion continues as Euro hits 22 month low

May 30, 2012 by Nat

The Euro fell to its lowest level against the USD since July 2010 in late trading yesterday after the Egan-Jones rating agency cut Spain’s rating to B amid concerns over… Read more…

Categories: Financial

The EU Summit & A Stronger Pound?

October 21, 2011 by Nat

It emerged yesterday that a split has emerged between Germany and France on how best to resolve the Eurozone debt crisis. Should the schism continue, it will hinder the effectiveness… Read more…

Categories: Financial

ECB hike rates and leave the door open for more.

July 11, 2011 by Nat

Hi Everyone - here’s a currency update re-capping the impact of the interest rate hike last week… With the ink not quite dry on the Greek austerity legislation, the market’s focus was… Read more…

Categories: Financial

Currency Update – Euro falls as investors flee to safety

June 17, 2011 by Nat

The single currency is under ever increasing pressure as Eurozone finance ministers and central bankers have still not reached a resolution on a second bailout for Greece. Running for the… Read more…

Categories: Financial

Eurozone sovereign debt woes send Euro lower

May 31, 2011 by Nat

An update on the currency market, week ending 27.05.2011 The Euro was under pressure all last week as Eurozone sovereign debt issues still abound. There has been no resolution as to the… Read more…

Categories: Financial

Full stop. End of the Sentance.

May 23, 2011 by Nat

Good Morning All UK inflation is rising at a record rate and I thought you might find the update below helpful… Last  week saw April’s inflation reading (Consumer Price Index)… Read more…

Categories: Financial

The Euro weakens after ECB statement.

May 6, 2011 by Nat

The European Central Bank (ECB) raised interest rates to 1.25% in April. Another rate hike was not expected at the 5th May meeting, although there was eager anticipation of the… Read more…

Categories: Financial