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Archived posts for November 2009

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Markets calmed by Dubai liquidity announcement

30

Nov

2009

 HiFX News@ 12:00 AM

Sterling has reached a one-month low against the euro but strengthened against the dollar on the foreign money exchanges today (November 30th).

The pound dropped to just over €1.095 during morning trading, with many investors nervous over news of Dubai's debt problems.

Continue reading "Markets calmed by Dubai liquidity announcement"...

Emigrants attracted to New Zealand

30

Nov

2009

 HiFX News@ 12:00 AM

Migration to New Zealand reached its highest level for five years over the 12 months to October, with many Britons moving to take advantage of new opportunities.

According to Statistics New Zealand, the nation welcomed 86,700 permanent and long-term arrivals.

Continue reading "Emigrants attracted to New Zealand"...

France Show to highlight investment potential

30

Nov

2009

 HiFX News@ 12:00 AM

Possible emigrants to France could attend an upcoming show which will highlight various aspects of life on the continent.

The France Show 2010 is likely to attract Britons who plan to move across the Channel and send international payments back home via money transfers.

Continue reading "France Show to highlight investment potential"...

Rise in emigration could boost international payments

27

Nov

2009

 HiFX News@ 12:00 AM

UK emigration rose to a new high of 427,000 for 2008, new official figures have shown.

According to the Office of National Statistics, 175,000 Britons and 255,000 non-British citizens moved away last year.

In 2007, total emigration numbers were 341,000, including 169,000 non-Britons.

Continue reading "Rise in emigration could boost international payments"...

Rise in emigration could boost international payments

27

Nov

2009

 HiFX News@ 12:00 AM

UK emigration rose to a new high of 427,000 for 2008, new official figures have shown.

According to the Office of National Statistics, 175,000 Britons and 255,000 non-British citizens moved away last year.

In 2007, total emigration numbers were 341,000, including 169,000 non-Britons.

Continue reading "Rise in emigration could boost international payments"...

Emigrants' report covers international payments

27

Nov

2009

 HiFX News@ 12:00 AM

Canada offers the best lifestyle for UK expats, according to a new survey from HSBC Bank International.

The Expat Experience report found that there is a "trade-off" between the income levels and quality of life on offer from various destinations.

Continue reading "Emigrants' report covers international payments"...

Emigrants' report covers international payments

27

Nov

2009

 HiFX News@ 12:00 AM

Canada offers the best lifestyle for UK expats, according to a new survey from HSBC Bank International.

The Expat Experience report found that there is a "trade-off" between the income levels and quality of life on offer from various destinations.

Continue reading "Emigrants' report covers international payments"...

Spain travellers advised to learn language

27

Nov

2009

 HiFX News@ 12:00 AM

Emigrants to Spain have been advised to learn Spanish as best they can in order to boost their career prospects over the long term.

Analysis from Emigrate.co.uk suggests that there is a "lack of willingness" to adopt English as the lingua franca of the Spanish workplace, potentially making it difficult for non-fluent expats to get ahead.

Continue reading "Spain travellers advised to learn language"...

Spain travellers advised to learn language

27

Nov

2009

 HiFX News@ 12:00 AM

Emigrants to Spain have been advised to learn Spanish as best they can in order to boost their career prospects over the long term.

Analysis from Emigrate.co.uk suggests that there is a "lack of willingness" to adopt English as the lingua franca of the Spanish workplace, potentially making it difficult for non-fluent expats to get ahead.

Continue reading "Spain travellers advised to learn language"...

Emigrants take action on rule changes

26

Nov

2009

 HiFX News@ 12:00 AM

Many Britons who intend to emigrate to Australia have complained about new alterations to visa processing policies.

An online petition has been set up for visa applicants who feel strongly about the issue.

It is hoped that this will lead the Australian authorities to reconsider its reforms.

Continue reading "Emigrants take action on rule changes"...

International payments to US boosted by dollar slide

26

Nov

2009

 HiFX News@ 12:00 AM

The recent weakening of the US dollar has continued, in a trend which could benefit UK residents making international money transfers.

Yesterday (November 25th), the greenback slid to a year-long low against the euro and dropped by 0.7 per cent against the pound.

Continue reading "International payments to US boosted by dollar slide"...

Pound, money transfers boosted by ONS news

25

Nov

2009

 HiFX News@ 12:00 AM

The pound has risen against the dollar, following the upwards revision of third quarter GDP figures.

Sterling was 0.7 per cent up against the greenback at $1.6705 by mid-afternoon, as investors responded to news that the economy had contracted by 0.3 per cent, rather than the initial estimate of 0.4 per cent.

Continue reading "Pound, money transfers boosted by ONS news"...

Cape Verde property investments tipped by agent

25

Nov

2009

 HiFX News@ 12:00 AM

Foreign investors are making the island of Maio in Cape Verde a popular location for property, an agent has claimed.

Noscasa said that foreign funds, some of which could have been made through international money transfers, were "flooding in" to the region.

Continue reading "Cape Verde property investments tipped by agent"...

International money transfers to get expat boost

24

Nov

2009

 HiFX News@ 12:00 AM

Most current expats expect to emigrate when they retire, new analysis from Alliance & Leicester International (ALIL) has shown.

Money transfer use could be increased due to the fact that only 13 per cent of UK expats will retire in Britain.

Continue reading "International money transfers to get expat boost"...

International money transfers could benefit from Dubai recovery

23

Nov

2009

 HiFX News@ 12:00 AM

A return to foreign property investment in Dubai, through which UK investors transfer money abroad, was predicted by an analyst today (November 23rd).

Siddeek Talati at Emirate Ventures said that the city was "built on confidence" and that recovery would come once confidence had returned.

Continue reading "International money transfers could benefit from Dubai recovery"...

Pound rises on currency exchanges

23

Nov

2009

 HiFX News@ 12:00 AM

The pound strengthened on foreign currency exchanges today, with the dollar opening notably lower.

Sterling was 0.7 per cent up against the dollar at $1.66.2 by mid-afternoon, following comments from James Bullard, a future member of the Federal Reserve.

Continue reading "Pound rises on currency exchanges"...

Tips for 2010 property investment issued

20

Nov

2009

 HiFX News@ 12:00 AM

Investors planning to make international payments to purchase foreign property should consider homes in Brazil, industry experts have indicated.

According to Homesgofast.com, the South American nation is "hotter than ever", with values still climbing in the wake of the announcement that Rio de Janeiro is to host the 2016 Olympic games.

Continue reading "Tips for 2010 property investment issued"...

Money transfers popular, survey reveals

20

Nov

2009

Tags:
 HiFX News@ 12:00 AM

Customers are enthusiastic about the prospect of making international money transfers through their phones, a new poll has suggested.

The survey, taken by YouGov on behalf of RBS/NatWest, showed that around one in four customers would be interested in making mobile money transfers between bank accounts.

Continue reading "Money transfers popular, survey reveals"...

Money transfer texts 'to surge'

19

Nov

2009

Tags:
 HiFX News@ 12:00 AM

Money transfer through text messages is to become increasingly popular in the coming years, a report has claimed.

The study, published by industry analyst firm Gartner yesterday (November 18th), suggested that SMS money transfers have many advantages, including flexibility, convenience and low cost.

Continue reading "Money transfer texts 'to surge'"...

Quantitative easing news buffets foreign exchanges

18

Nov

2009

 HiFX News@ 12:00 AM

Minutes of the November Monetary Policy Committee (MPC) meeting at the Bank of England have been released, showing that opinion among policymakers remains split over quantitative easing.

The pound weakened against the euro on the release of the news today (November 18th), falling from €1.126 to just over €1.122.

Continue reading "Quantitative easing news buffets foreign exchanges"...

Bright future predicted for mobile international money transfers

17

Nov

2009

Tags:
 HiFX News@ 12:00 AM

The mobile international money transfer market will grow over the years to come, new analysis has indicated.

According to Jupiter Research, the total market will be worth over $65 billion (£39 billion) by 2014, as more and more people take advantage of technological advances to transfer money.

Continue reading "Bright future predicted for mobile international money transfers"...

Bright future predicted for mobile international money transfers

17

Nov

2009

Tags:
 HiFX News@ 12:00 AM

The mobile international money transfer market will grow over the years to come, new analysis has indicated.

According to Jupiter Research, the total market will be worth over $65 billion (£39 billion) by 2014, as more and more people take advantage of technological advances to transfer money.

Continue reading "Bright future predicted for mobile international money transfers"...

International monetary transfers to be hit by emigration trend

17

Nov

2009

 HiFX News@ 12:00 AM

Money transfers to and from the UK could increase in certain regions over the years to come, new analysis from The Emigration Group suggests.

According to the organisation, more residents of Birmingham, Belfast, Manchester, Sheffield and Newcastle are planning to permanently move away than those from any other areas, Journal Live reported.

Continue reading "International monetary transfers to be hit by emigration trend"...

International monetary transfers to be hit by emigration trend

17

Nov

2009

 HiFX News@ 12:00 AM

Money transfers to and from the UK could increase in certain regions over the years to come, new analysis from The Emigration Group suggests.

According to the organisation, more residents of Birmingham, Belfast, Manchester, Sheffield and Newcastle are planning to permanently move away than those from any other areas, Journal Live reported.

Continue reading "International monetary transfers to be hit by emigration trend"...

International money transfers face effects of BoE data release

16

Nov

2009

 HiFX News@ 12:00 AM

The value of sterling on the currency exchanges is likely to be markedly affected by the release of several reports this week, experts have speculated.

Minutes from the Bank of England's (BoE's) last rate-setting meeting, retail sales data and new inflation figures are likely to influence whether or not the pound weakens or strengthens, Reuters reported.

Continue reading "International money transfers face effects of BoE data release"...

Eurozone recession figures may bring optimism to expats making money transfers

13

Nov

2009

 HiFX News@ 12:00 AM

Expats who make international payments to their foreign-based businesses may welcome indications that the European Union (EU) economy is set to grow.

Figures due to be released today (November 13th) are forecast to reflect the area's strengthening financial market, Agence France Presse reports.

Continue reading "Eurozone recession figures may bring optimism to expats making money transfers"...

'Research bank deals for best money transfer rates'

13

Nov

2009

Tags:
 HiFX News@ 12:00 AM

Expats ought to thoroughly research interest rates before they commit to opening accounts with banks, according to an industry expert.

Financial advisor Shelter Offshore recently highlighted the pitfalls of transferring money to international savings schemes.

Continue reading "'Research bank deals for best money transfer rates'"...

Experts urge money transfers to Spain's underdeveloped regions

12

Nov

2009

Tags:
 HiFX News@ 12:00 AM

Brits looking to transfer money to overseas assets have been advised to avoid Spain's overdeveloped regions.

Real estate expert the Property Finders recently highlighted figures showing some areas of the country have seen a 35 per cent drop in house prices, the Daily Mail reports.

Continue reading "Experts urge money transfers to Spain's underdeveloped regions"...

Brits making foreign exchange transactions may welcome US stimulus package

12

Nov

2009

 HiFX News@ 12:00 AM

Former UK citizens who are planning to exchange money in order to move to the US may find the country's latest plans to address its unemployment rate comforting.

Figures from the US department of labour recently revealed the number of people out of work has soared to 10.2 per cent, which is its highest level for 26 years.

Continue reading "Brits making foreign exchange transactions may welcome US stimulus package"...

Study indicates Tenerife sees more Brits making foreign exchange transactions

12

Nov

2009

 HiFX News@ 12:00 AM

Tenerife is a popular winter location for Brits, with many likely to need the services of foreign exchange companies to stay in the location.

A study by the Canary Islands Tourist Board recently revealed the destination attracts more UK citizens than Lanzarote and Gran Canaria.

Continue reading "Study indicates Tenerife sees more Brits making foreign exchange transactions"...

Emerging market money transfers may offer 'best investments'

12

Nov

2009

Tags:
 HiFX News@ 12:00 AM

Investors looking for lucrative gains may like to transfer money to overseas equities, according to industry experts.

Research by finance expert Skandia recently highlighted emerging markets as a popular option for buying shares, ifaonline.co.uk reports.

Continue reading "Emerging market money transfers may offer 'best investments'"...

Majority of multinationals maintain expats' money transfers

10

Nov

2009

 HiFX News@ 12:00 AM

The recession may be having little impact on the likelihood of UK citizens taking a cut in wages, new research indicates.

A poll by Sibson Consulting recently found the majority of US firms based overseas do not intend to reduce the wages of their international staff.

Continue reading "Majority of multinationals maintain expats' money transfers"...

Majority of multinationals maintain expats' money transfers

10

Nov

2009

 HiFX News@ 12:00 AM

The recession may be having little impact on the likelihood of UK citizens taking a cut in wages, new research indicates.

A poll by Sibson Consulting recently found the majority of US firms based overseas do not intend to reduce the wages of their international staff.

Continue reading "Majority of multinationals maintain expats' money transfers"...

Further decline in Bulgaria's property market before international payments rise

10

Nov

2009

 HiFX News@ 12:00 AM

Bulgaria's house prices are likely to drop further before its property market recovers, according to industry experts.

Officials from the government and private sector made the claim at a recent Balkan Real Estate Conference meeting, SeeNews reports.

Continue reading "Further decline in Bulgaria's property market before international payments rise"...

Further decline in Bulgaria's property market before international payments rise

10

Nov

2009

 HiFX News@ 12:00 AM

Bulgaria's house prices are likely to drop further before its property market recovers, according to industry experts.

Officials from the government and private sector made the claim at a recent Balkan Real Estate Conference meeting, SeeNews reports.

Continue reading "Further decline in Bulgaria's property market before international payments rise"...

Brits remain abroad despite foreign exchange rates

9

Nov

2009

 HiFX News@ 12:00 AM

The majority of former UK citizens intend to remain overseas in their chosen countries, despite the financial impact of the recession and foreign exchange trading rates.

A survey by HSBC shows 19 per cent of expats reported a rise in living costs, but 85 per cent of expats intend to weather the effects of the economic slowdown abroad.

Continue reading "Brits remain abroad despite foreign exchange rates"...

'Shop around for pensions before making international payments'

9

Nov

2009

Tags:
 HiFX News@ 12:00 AM

Expats are being urged to look for the best deals before purchasing pension products, it has emerged.

Financial advisor Hargreaves Lansdown recently highlighted figures showing pensioners may be 40 per cent better off if they shopped around for retirement schemes, the Telegraph reports.

Continue reading "'Shop around for pensions before making international payments'"...

Research could indicate a future rise in international payments

6

Nov

2009

Tags:
 HiFX News@ 12:00 AM

An increasing number of Brits may consider making international payments to move abroad due to a decline in the standard of living in the UK.

Scottish Provident's High Wire Britain report recently revealed over 20 per cent of Britons believe the quality of life in the UK is set to lower in the next ten years.

Continue reading "Research could indicate a future rise in international payments "...

Foreign exchange trading figures make India "good value"

6

Nov

2009

 HiFX News@ 12:00 AM

Favourable foreign exchange rates mean that India is an affordable destination for many visitors, industry experts suggest.

Travel guide the Lonely Planet recently stated the country's currency has strengthened due to its economic boom, but visitors may still find it is a cheap destination.

Continue reading "Foreign exchange trading figures make India "good value""...

Brits may become more 'confident' with Dubai international payments

5

Nov

2009

Tags:
 HiFX News@ 12:00 AM

More British investors could soon be choosing to make international payments to Dubai-based assets thanks to confidence in its property market.

Research by Colliers International reveals in the third quarter of this year house prices in the country grew by seven per cent.

Continue reading "Brits may become more 'confident' with Dubai international payments"...

Expert indicates France foreign exchange transactions buoyed by Brits

5

Nov

2009

 HiFX News@ 12:00 AM

La Tania has seen a steady flow of Brits visiting the region, according to industry experts.

The Office de Tourisme de La Tania recently made the claim following the release of figures from the Ski Club of Great Britain that reveal France is consistently popular with UK skiers.

Continue reading "Expert indicates France foreign exchange transactions buoyed by Brits"...

Europe's job market indicates caution for money transfers

4

Nov

2009

Tags:
 HiFX News@ 12:00 AM

An expected rise in the eurozone's unemployment rates may encourage investors to be more cautious regarding money transfers to overseas assets.

Recent figures released by the European Union (EU) indicate the number of people out of work in Europe is likely to increase to 10.7 per cent in 2010 and 10.9 per cent the following year.

Continue reading "Europe's job market indicates caution for money transfers"...

Expats' higher wages may increase international payments

4

Nov

2009

 HiFX News@ 12:00 AM

UK citizens may be able to significantly boost their disposable incomes by working abroad, industry experts indicate.

The recent NatWest International Personal Banking's Quality of Life Index reveals 90 per cent of expats report they earn more overseas, which may interest Brits who are looking to transfer money to fund new lives abroad.

Continue reading "Expats' higher wages may increase international payments"...

Las Vegas foreign exchange transactions could rise

3

Nov

2009

 HiFX News@ 12:00 AM

Las Vegas has been highlighted as a great destination for those who want to make the most of foreign exchange trading figures.

The Las Vegas Convention and Visitors Authority (LVCVA) recently made the claim after a survey by Smith Travel Research showed the city has an occupancy rate of 82.7 per cent.

Continue reading "Las Vegas foreign exchange transactions could rise "...

"Good" time for US money transfers

3

Nov

2009

 HiFX News@ 12:00 AM

Investors who wish to transfer money to overseas mortgages have been urged to look to the US.

Property expert Mayfair International Realty recently suggested that the country's housing market is strengthening.

The comments follow figures released from Standard & Poor's/Case-Shiller that show US house prices grew by 1.3 per cent in August.

Continue reading ""Good" time for US money transfers"...

Turkey may see foreign exchange boost

2

Nov

2009

 HiFX News@ 12:00 AM

An increasing number of Brits will exchange money in order to travel to Turkey, according to a leading organisation.

The Turkish Culture and Tourism Office recently stated Istanbul's Capital of Culture designation is likely to attract more overseas visitors to the city.

Continue reading "Turkey may see foreign exchange boost"...

'ID cards to require smaller international payments than passports'

2

Nov

2009

Tags:
 HiFX News@ 12:00 AM

Identity cards may prove more affordable than passports for expats living in Europe, industry experts indicate.

The Association of British Travel Agents (ABTA) recently explained how Brits could benefit from a proposed card scheme, which is likely to interest former UK citizens who have transferred money to live in the European Union (EU).

Continue reading "'ID cards to require smaller international payments than passports'"...


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