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Currency News | May 20, 2013

EUR makes advances against weakening USD ahead of key EU meet

EUR makes advances against weakening USD ahead of key EU meet

Sinduja Venkat Good morning and welcome to today’s foreign exchange market commentary on 20th of May.  Here are MyCurrencyTransfer.com’s top 5 currency highlights: GBP on bullish outburst EUR advances ahead of EU meet on fiscal integration USD on the defensive, up for extended consolidation Amari says further Yen depreciation could have adverse social effects on [...]

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Currency News | May 17, 2013

GBP advances against peers on optimistic outlook

GBP advances against peers on optimistic outlook

Sinduja Venkat Good morning and welcome to today’s foreign exchange market commentary on 17th of May.  Here are MyCurrencyTransfer.com’s top 5 currency highlights: GBP advances on carryover effect from inflation report Asmussen cautions Germany on sluggish growth indicators USD volatile following Fed’s indications on QE Japan firmly on path of progress NZD stumbles as growth [...]

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Currency News | May 16, 2013

Positive inflation outlook boosts GBP

Positive inflation outlook boosts GBP

Sinduja Venkat Good morning and welcome to today’s foreign exchange market commentary on 16th of May.  Here are MyCurrencyTransfer.com’s top 5 currency highlights: GBP gains on positive inflation outlook EUR swivels down further as Eurozone GDP fails to meet expectations USD continues on bullish trend following disappointing Production data Abe does it right as Japan [...]

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Currency News, Uncategorized | May 15, 2013

Optimistic growth forecast boosts GBP rally against greenback

Optimistic growth forecast boosts GBP rally against greenback

 Sinduja Venkat Good morning and welcome to today’s foreign exchange market commentary on 15th of May.  Here are MyCurrencyTransfer.com’s top 5 currency highlights: GBP rallies well on optimistic growth forecast Euro continues to swim in the red against greenback USD advance may be put on hold ahead of Producer data Nikkei rises over 15000; Japanese [...]

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Currency News | May 14, 2013

Eurozone meeting debrief; BoE QE policy in focus

Eurozone meeting debrief; BoE QE policy in focus

Sinduja Venkat Good morning and welcome to today’s foreign exchange market commentary on 14th of May.  Here are MyCurrencyTransfer.com’s top 5 currency highlights: GBP trading evenly, BoE QE policy in focus once again Eurozone meeting debrief: Cyprus gets loans, Slovenia cautioned Wall Street posts mixed sentiments on Fed’s termination of QE Nikkei head south Aussie [...]

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Uncategorized | May 13, 2013

Eurozone meet in Brussels today, decision to be made on Greece

Eurozone meet in Brussels today, decision to be made on Greece

Good morning and welcome to today’s foreign exchange market commentary on 13th of May.  Here are MyCurrencyTransfer.com’s top 5 currency highlights: GBP threatened by Co-op downgrade Eurozone meet in Brussels today USD makes steady advances ahead of April data Stable risk appetite in Asian markets pushes down Yen further AUD buckles after Swan’s comments CURRENCY [...]

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Quick Hits

Transferwise.com Interview with Co-Founder Taavet Hinrikus

Transferwise.com Interview with Co-Founder Taavet Hinrikus

At MyCurrencyTransfer.com, we love partnering with innovative companies that share our ethos of helping customers get a fair and transparent deal on international payments. Transferwise.com are a fantastic example of a disruptive money transfer company that put the customer first. The peer-to-peer model is helping to democratise the sector and help customers save a small [...]

Daily Market Commentary 25th January

Daily Market Commentary 25th January

Good morning and welcome to today’s foreign exchange market commentary on Wednesday the 25th of January. The domestic economy doesn’t look good and February may witness another round of liquidity injection by the Bank of England. The economy has nearly stagnated despite the central bank keeping rates at 0.5 pc for nearly a year now. [...]

Exchange Rates and Market Commentary [24/01/2012]

Exchange Rates and Market Commentary [24/01/2012]

Good morning and welcome to today’s foreign exchange market commentary on Tuesday the 24th of January. The Greek debt deal, that has nearly the entire world’s attention, proved elusive yet again as the ongoing PSI (private sector initiative) negotiations failed to reach a conclusion yesterday. Though there is a general consensus that time is running [...]

Exchanges Rates and Market Commentary [05/10/2011]

Exchanges Rates and Market Commentary [05/10/2011]

Good morning. The European Union remains undecided over it’s next course action, forcing global markets to behave like proverbial headless chickens. After yesterday’s announcement that the next tranche of bailout package for Greece will be delayed, markets worldwide nosedived. Surprisingly however, American markets had recovered by yesterday’s close. The reason? Well, FT reported that European [...]

Exchange Rates and Market Commentary [04/10/2011]

Exchange Rates and Market Commentary [04/10/2011]

Good morning. As Greece inches towards default, the safe havens continue to rally. The USD and the JPY strengthened yesterday after the EU finance ministers’ meet failing to yield any result. The participants failed to reach a consensus, which effectively means that the next IMF tranche for Greece may be delayed. Global markets can expect [...]

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