If you follow the foreign exchange rates at all, you’ll know that one of the biggest influences on the rates in recent years has been the Eurozone debt crisis. The euro has come under a lot of pressure, as doubts … Read more
In brief, the Eurozone debt crisis has had the following effects on the foreign exchange rates: 1. It has weakened the euro, as doubts about the economic stability of the Eurozone’s members, not to mention the survival of the currency … Read more
Hi there, In this post I aim to answer the question: is it a good time to buy New Zealand dollars? This might be of relevance to you if you’re about to emigrate to New Zealand or buy a second … Read more
Hi there! In this post I’d like to look at how strong is the pound on the foreign exchange market. In short, the pound is strong depending on what time frame you compare it against. Right now for example the … Read more
Hi there, In this post I’d like to look at whether the Australian dollar is set to increase (i.e. gain value) in 2012. This might be helpful if you’re emigrating to Australia, in which case you might also like to … Read more
Hi there! In this post I’m going to explain how you can look at the foreign exchange rates using the US dollar as default. For the US dollar to be default in a foreign exchange transaction, it must be the … Read more
Hi there! In this post I’m going to answer for you how the Greek debt crisis has affected the foreign exchange rate. In short, the Greek debt crisis has intermittently caused the euro to lose a lot of value against … Read more
Hi there! In this post I’d like to share whether CHAPS payments provide greater security than other methods of transferring money abroad (including wire transfers for instance.) This might be useful if you’re sending a large sum of money abroad, … Read more
An automated clearing house is an electronic network, enabling financial transfers between participant members. Read more
A currency basket is a range of currencies grouped together with different weightings, in order to minimise the fluctuations between them. Read more