Pound Gains a Fourth Day as Retail Sales figures rise more than forecast

Pound Gains a Fourth Day as Retail Sales figures rise more than forecast US Dollar exchange rate Today‚Äôs US GDP release is the third estimate for Q4 and so is likely to be seen as old news. The weekly initial unemployment claims data will also be watched closely for further indications of the strength of […]

Euro rate to fall if ECB approves Quantitative Easing

Euro rate to fall if European Central Bank approves Quantitative Easing Last night Germany’s Bundesbank came out for the first time and acknowledged that Quantitative Easing is not off the table and also mentioned negative interest rates. This is a massive change as the Euro exchange rate has been climbing as foreign exchange traders continue […]

Foreign Exchange Traders Buy Euro Pounds

Sterling pushes higher following CPI figures as Euro weakens on economic concern US Dollar Exchange Rate Today we have presentations by St Louis Fed President Bullard this morning and tomorrow will be of interest, as markets try and put further context to last weeks comments from Fed Chairwoman Yellen. Yellen indicated that a hike in […]

US Dollar set for its biggest weekly advance in two months versus all major currencies after it was announced borrowing costs could start to rise.

US Dollar set for its biggest weekly advance in two months versus all major currencies after it was announced borrowing costs could start to rise. US Dollar Exchange Rate The US dollar goes from strength to strength following Wednesday evenings Fed announcement. The dollar reached a two month high against the euro and has gained […]

pound exchange rate struggles against the Euro

Pound slightly higher following yesterday’s Budget on UK Growth but US Dollar was the big mover on a day that promised so much more for the pound. Good morning, The pound, the best performing currency in the past year, strengthened after the Bank of England said further gains are possible as Britain’s economy expands amid […]

Is Travel FX Safe to Buy Euros Online

Here is a common question we are asked or see on review sites before they Buy Euros Online Hi all Has anyone ever bought Euros online before or more specifically from Travel FX? I am a bit concerned because it is done via a bank transfer straight to the companies account, not via debit card, […]