Tag: Money Markets

The strong pound means Britons planning to transfer money online to Europe in order to purchase a second home or invest in residential property within the eurozone will be able to get a good deal, according to an expert in the sector.

Marc Da-Silva, founder of PropertyJournalist.com, argued that the economic conditions prevalent in the area makes this looks like an increasingly good time to get on to the ladder.

The political situation in Europe may mean investors planning to make money transfers abroad in order to purchase property wish to hold back until the situation becomes clearer following several upcoming elections, with Schroders warning that momentum for nations emerging from the crisis could be hampered by changes in leadership across several key states.

According to the global asset management company, the impact of the European Central Bank's (ECB's) liquidity boost is beginning to weaken, with fluid political situations and low consumer confidence beginning to erode the gains in positivity originally offered by the ECB's move.

The euro has dropped against its major competitors amid concern over the economic situation in Spain and comments from French president Nicolas Sarkozy suggesting a strong 17-nation currency could hurt exports.

This could have an impact on property investors planning international money transfers, who may wish to follow the changes in a market pressured by Spain's fiscal problems and the ongoing sovereign debt crisis in the eurozone as a whole.

Investors considering purchasing property in France have been advised they may wish to work with an experienced broker in order to negotiate the country's mortgage market, especially if sending money overseas in order to fund the venture.

John-Paul Busby of French Private Finance told the Telegraph the French mortgage market is one of the best in the world, with excellent conditions available for British investors looking to purchase property abroad.

Investors considering sending money overseas have been advised that the eurozone is likely to survive the turmoil currently affecting the market, largely because richer states such as Germany have the capability to subsidise countries which would otherwise be struggling.

Philip Coggan, Buttonwood columnist and capital markets editor at The Economist, told the Cambridge Judge Business School podcast the future of the single currency is largely in flux because of its status as an entity with a fixed exchange rate.

Asian markets will continue to offer good value and long-term returns for investors, according to one expert.

Fund manager of Henderson Asian Growth Trust Andrew Beal claimed the outlook for the Far East and India appears positive.

It was suggested the economic crisis, which affected global currency and foreign exchange rates, has not only had an impact on Europe and the US, but also further afield.

Gains made in December have been wiped out by a shock fall in British industrial and construction output in January.

Economist's predictions for a 0.3 per cent rise were confounded when new figures from the Office for National Statistics revealed the economy shrank by 0.4 per cent in the first month of the year.

Current exchange rates place the Brazilian economy ahead of the UK, with the South American nation recording a 2.7 per cent growth last year.

Figures from the National Institute of Economic and Social Research revealed the country now has the sixth-biggest economy in the world.

The government must place growth at the "top of its agenda" in order to boost the economy and avoid a recession.

This is according to chief economist at the British Chambers of Commerce David Kern, who claimed the UK still faces "many challenges".

Europe is facing a second potential recession as global payments suffer under tough austerity measures in countries in the euro area.

This is according to European Union commissioner for employment and social affairs and inclusion Laszlo Andor, who warned in a Bloomberg On The Economy Podcast how unemployment is on the rise again.

Investors who regularly make money transfers in the eurozone may be interested to hear positivity in the region has risen for the first time since March 2011.

The latest figures from the European Commission's (EC's) Economic Sentiment Indicator show the index rose 1.2 points in the European Union (EU) and 0.6 per cent in the euro area.

Foreign exchange rates for the euro have plummeted today (December 29th), with the currency trading at a ten-year low against the Japanese yen.

Concerns about the eurozone crisis are said to be behind the fall, with the euro reaching just 100.35 against the yen, which is its lowest level since July 2001.

UK retail investors are wary of making money transfers until the eurozone crisis is resolved, according to new research.

A study conducted by the Investment Management Association (IMA) revealed individuals believe the debt problem is the main factor likely to impact on their investment returns in the next year.

Money transfer markets may have eased in recent days following the framework agreement established among members of the eurozone.

This is according to chief equity strategist for fundamental equities at BlackRock Bob Doll, who commented on the outcome of the Euro summit deal.

The future of foreign exchange markets could be set to change as it has been argued the breakup of the eurozone is inevitable.

According to the Institute of Directors (IoD), there is a "fundamental structural failure at the heart of the euro project" and unless this is addressed the currency will not survive.

Euro money transfers may have reduced in recent months as new research has revealed more than half of all investment professionals are wary of European equities.

The Barings Investment Barometer survey found 58 per cent of respondents now hold this view, compared with 32 per cent in the last report.

Companies that frequently transfer money online may be concerned to hear Europe is predicted to return to a period of recession.

This is according to a new report from Standard and Poor's (S&P's), which claims high-frequency indicators from the past month suggest the financial landscape will get worse before it gets better.

The recent fluctuations in the euro have had a significant impact on the property market, with individuals notably cautious about making money exchanges.

This is according to editor at A Place in the Sun magazine Liz Rowlinson, who explained how the core markets of Spain and France have suffered "hugely".

Companies that regularly make euro exchanges may be affected if the eurozone leaders fail to settle on a plan to bailout the bloc's debt crisis.

Olli Rehn, the economic and monetary affairs commissioner, yesterday (November 30th) warned time is running out for the eurozone.

The latest prediction for Gross Domestic Product (GDP) growth may have an adverse effect on global payments.

Earlier today (November 28th), the British Chambers of Commerce (BCC) released its new Quarterly Economic Forecast for the remainder of 2011, 2012 and 2013.

The release of better-than-expected UK retail sales figures has helped the pound rally against the dollar on the currencies markets today (October 20th).

According to Reuters sterling reached $1.5745 against its US counterpart, up from $1.5710 prior to the data being published.

Individuals looking to make global payments may be pleased to hear that Britain's leading share index made gains today (September 23rd) following yesterday's sharp falls.

A promise made by the Group of 20 (G20) major economies helped restore some confidence in the economy, as they outlined their intention to take all the necessary steps to calm the global financial system.

The euro exchange rate has risen against the dollar today (September 15th) following the announcement by the European Central Bank (ECB) that it would lend dollars to euro-area banks.

At 09:48 local time in New York, the euro surged to session highs against the greenback at $1.3871, which was up nearly one per cent.

A ceiling has been placed on the franc's foreign exchange rate by the Swiss National Bank (SNB) for the first time in more than three decades.

The institution said it would "no longer tolerate a euro-franc exchange rate below the minimum rate of 1.20 francs".

Individuals considering making money transfers may be interested to hear one expert's thoughts on inflation.

Jasmine Birtles, financial and business commentator and founder of moneymagpie.com, claimed in the next few months price increases are likely to subside.

At 14.45 BST today (August 12th), the euro was noted as heading for its biggest weekly drop versus the yen since July, news which may be of significance to those interested in foreign exchange rates.

Bloomberg reported that it was expected that the European Central Bank will cut interest rates due to Greece's economy contracting, European industrial output falling and France's economy stalling.

Sterling is unlikely to move much on the currency exchange market as the year continues, while the euro and the yen are expected to fall in value.

This is according to investment director at Money Markets/FX and Standard Life Investments Ken Dickson.

The pound fell against the dollar on currency exchange markets this afternoon after making gains earlier in the day, as investors reacted to interest rate decisions from Europe and Britain.

At 16:15 BST, sterling had lost 0.15 per cent to reach $1.5980 with Reuters reporting that the pound fell below stops of $1.5960 previously in the session and analysts suggesting the next selling levels are beneath $1.5900.

Britons sending money abroad have seen the value of sterling fall against the euro during trading on the currency markets today (July 1st), on the back of a drop in the manufacturing purchasing managers index (PMI).

PMI hit a 21-month low in a survey that revealed manufacturing levels in the country are weak at present and as a result, the pound declined to a 15-month low against its eurozone counterpart, Reuters reports.

Individuals looking to send money abroad may be interested to hear that sterling fell sharply against the dollar and the euro earlier today (Tuesday June 21st).

The decline is said to have been triggered by comments made by the Bank of England (BoE) policymaker Paul Fisher.

Euro exchange rates are likely to prove important for anybody thinking about going abroad during the Easter weekend.

According to Pia Louw, travel industry director at Tenerife Tourism Corporation, Tenerife will offer some "inviting temperatures" over the three day period, averaging 21 degrees C.

The currency exchange market has a case of the jitters, according to Liz Philips from the Telegraph.

While the market always has some sense of ups and downs, it is more prone to "knee-jerk reactions" in the current unstable economic climate.

The Chinese commerce minister Chen Deming has said that the country's currency exchange rate is not fuelling the US trade deficit.

According to Mr Deming, US controls on certain exports to China have exacerbated the deficit.

The Chinese commerce minister Chen Deming has said that the country's currency exchange rate is not fuelling the US trade deficit.

According to Mr Deming, US controls on certain exports to China have exacerbated the deficit.

Estonia's adoption of the euro looks likely to have a promising future, it has been suggested.

Meelis Mandel, the editor in chief of Estonian news agency Aripaev, has suggested that it is too early to say for sure if the currency change will be a good thing but the "first signs are promising".

Estonia's adoption of the euro looks likely to have a promising future, it has been suggested.

Meelis Mandel, the editor in chief of Estonian news agency Aripaev, has suggested that it is too early to say for sure if the currency change will be a good thing but the "first signs are promising".

A trade war over currency exchange rates is on the horizon, Brazil's finance minister has warned.

Guido Mantega said that the country is preparing to take action to prevent further appreciation of its currency's value.

Brazil is keen to curb the rising currency exchange value of its real.

The country's central bank has announced that is has set reserve requirements on short dollar positions held by local banks.

Positive manufacturing data has resulted in a boost for sterling's currency exchange rate against the US dollar.

The latest manufacturing Purchasing Managers' Index (PMI) from Marking/CIPS stood at 58.3 in December 2010.

The UK's public borrowing data has resulted in a fall for sterling's currency exchange rate.

Earlier today (December 21st), the Office for National Statistics reported that public sector borrowing in the UK totalled £23.3 billion in November.

The UK's public borrowing data has resulted in a fall for sterling's currency exchange rate.

Earlier today (December 21st), the Office for National Statistics reported that public sector borrowing in the UK totalled £23.3 billion in November.

International money transfers to Spain could prove beneficial to people considering investing in distressed property.

According to Madrid-based Pioso Embargados De Bancos, there are around 100,000 foreclosed homes on the market in Spain, although this is predicted to increase to 300,000 in 2011.

Gordon Brown has warned of an impending catastrophe in the eurozone following Ireland's bailout by the European Union and the International Monetary Fund.

In an interview with the BBC, the former prime minister predicted that a "major crisis" would occur in the first few months of 2011 among countries that have adopted the single currency.

Gordon Brown has warned of an impending catastrophe in the eurozone following Ireland's bailout by the European Union and the International Monetary Fund.

In an interview with the BBC, the former prime minister predicted that a "major crisis" would occur in the first few months of 2011 among countries that have adopted the single currency.

The single currency eurozone's financial safety net is sufficient for now, it has been claimed.

Jean-Claude Juncker, chairman of the Eurogroup countries, said that the €750 billion (£635 billion) fund is the right size.

The comments followed a meeting of the finance ministers involved in the eurozone.

The single currency eurozone's financial safety net is sufficient for now, it has been claimed.

Jean-Claude Juncker, chairman of the Eurogroup countries, said that the €750 billion (£635 billion) fund is the right size.

The comments followed a meeting of the finance ministers involved in the eurozone.

The European Union's approach to the eurozone debt crisis must change for the sake of the single currency's security.

This is according to comments made by Jeremy Tigue, manager of the Foreign & Colonial Investment Trust.

Mr Tigue said that if the EU continues to deal with sovereign debt problems, such as those in Greece and Ireland, on "a reactive basis, rather than proactively" then the single currency "is at risk of falling apart".

The euro's currency exchange rate has been given a small boost from the European Central Bank (ECB).

Moves by the bank to buy up Irish and Portuguese bonds have gone someway to reassuring investors that the debt crisis in the eurozone will be manageable.

The euro's currency exchange rate has been given a small boost from the European Central Bank (ECB).

Moves by the bank to buy up Irish and Portuguese bonds have gone someway to reassuring investors that the debt crisis in the eurozone will be manageable.

The euro's currency exchange rate has been given a small boost from the European Central Bank (ECB).

Moves by the bank to buy up Irish and Portuguese bonds have gone someway to reassuring investors that the debt crisis in the eurozone will be manageable.

The currency exchange rate for the euro has seen yet more declines on the market as Italy has entered into the sovereign debt crisis.

Just days after the International Monetary Fund and the European Union confirmed a bail-out loan for Ireland, Italy's interest rates caused fresh market anxiety.

The currency exchange rate for sterling is maintaining its upward trend against the euro.

Sterling reached a two-month high against the single currency yesterday (Tuesday, November 30th).

The boost for the pound was deemed to be down to the continuing speculation that further bail-outs will be required by eurozone members.

Concern is mounting for the eurozone as the euro's currency exchange rate is continuing its downward spiral.

Worries about the sovereign debt of a number of the member countries are behind the decline.

The euro has risen on the currency exchange markets after the country's banks were bailed out with international money.

A deal was made over the weekend between the European Union, the International Monetary Fund and the Irish government.

Companies who stand to benefit from the current trade talks taking place in China may want to keep an eye on the currency exchange rate of the yuan and the pound.

UK prime minister David Cameron is among the politicians who have been holding discussions with Chinese ministers and entrepreneurs.

The G20 has failed to put any concrete plans in place to tackle the so called "currency war".

Despite the fact that the world leaders had spent time in Seoul discussing the issue, the meetings ended with little more than an agreement to develop "indicative guidelines" to tackle distortions in currency exchange rates and trade.

The G20 leaders have come to a preliminary agreement on the 'currency war' that has been developing.

At the meeting in Seoul, the leaders of the world's major economies came to a concurrence that "indicative guidelines" are needed in order to tackle the distortions which are arising from trade and currencies.

The G20 leaders have come to a preliminary agreement on the 'currency war' that has been developing.

At the meeting in Seoul, the leaders of the world's major economies came to a concurrence that "indicative guidelines" are needed in order to tackle the distortions which are arising from trade and currencies.

The G20 leaders have come to a preliminary agreement on the 'currency war' that has been developing.

At the meeting in Seoul, the leaders of the world's major economies came to a concurrence that "indicative guidelines" are needed in order to tackle the distortions which are arising from trade and currencies.

The pound's currency exchange rate has been boosted by the latest inflation report from the Bank of England.

Published yesterday (November 10th), the report revealed that inflation in the UK is currently running at 3.1 per cent.

The pound's currency exchange rate has helped the hotel industry in the UK get back on its feet after the recession.

This is the view of Miles Quest, spokesman for the British Hospitality Association, who said that the weakness of sterling is one of "quite a few factors" that have helped the sector to survive.

The international 'currency war' has been upped a notch as the US increased its levels of quantitative easing (QE).

An extra $600 billion was pumped into the nation's economy this week by the Federal Reserve.

The intention is generally to support the economic recovery.

Currency exchange rate wars between countries won't help the world economic recovery, it has been suggested.

A recent article published in the Guardian claimed: "In this fragile global economic environment, a currency war will make everybody a loser."

Investors could find themselves handicapped by the increasingly strong currency exchange rate of sterling, it has been suggested.

A recent article in the Financial Times remarked that investors in Britain could be hindered as the pound pushes against both the euro and the US dollar.

Tension over currency exchange rates has been growing on an international scale.

This is according to a note published by Ted Scott, director of UK strategy at F&C Investments.

Mr Scott said that the world narrowly avoided another Great Depression by co-operating on an international scale over monetary and fiscal policies.

Sterling's currency exchange rate against the US dollar has reached an eight-month high.

However, the pound has not seen such a strong performance against the dollar as trade fell to a six-month low for the British denomination.

Sterling's currency exchange rate against the US dollar has reached an eight-month high.

However, the pound has not seen such a strong performance against the dollar as trade fell to a six-month low for the British denomination.

Sterling's currency exchange rate against the US dollar has reached an eight-month high.

However, the pound has not seen such a strong performance against the dollar as trade fell to a six-month low for the British denomination.

Currency exchange rates for the three major denominations are currently sensitive to monetary policy plans.

This is according to a recent article published on This is Money which suggested that the pound, the euro and the US dollar were all being affected by plans for quantitative easing.

Sterling's currency exchange rate fell against the US dollar and the euro this morning (October 11th).

However, declines against the dollar are not expected to be substantial as suggestions that the Federal Reserve is to initiate further financial easing as early as next month are weighing on trade.

Currency exchange rates have had a positive effect on the overall profits of Tesco, the supermarket has reported.

Strengthening currencies in Asia helped the total value of the firm's sales in the region to overtake those in Europe.

Currency exchange rates for the dollar fell to an eight-month low this week.

News that the Federal Reserve intends to take additional monetary easing measures weighed on the US currency.

The drop has had a knock-on effect on Japan's yen, which increased in value against the dollar.

The yen's currency exchange rate has fallen following a cut in the key interest rate at the Bank of Japan (BOJ).

Furthermore, the BOJ announced that it intends to step up its asset purchasing programme in order to assist economic growth.

The yen's currency exchange rate has fallen following a cut in the key interest rate at the Bank of Japan (BOJ).

Furthermore, the BOJ announced that it intends to step up its asset purchasing programme in order to assist economic growth.

The pound's currency exchange rate has fallen to a four-month low against the euro.

This morning (October 4th), sterling was trading at €1.152 at 09:30 BST.

Concerns regarding the UK government's spending cuts were to blame for holding the pound back, Reuters reported.

Sterling's currency exchange rate has fallen by one per cent against the dollar.

The drop came yesterday (September 28th) as a member of the Bank of England's Monetary Policy Committee said that the Bank of England should start to pump more money in to the UK economy through quantitative easing.

The pound's currency exchange rate has been boosted by the release of a string of positive data concerning the UK.

Firstly, the Office for National Statistics reported that the current account deficit in the UK narrowed to two per cent of GDP in the second quarter.

International money transfers to the US could prove popular with property investors as the country's housing market is showing further signs of recovery.

The National Association of Realtors announced earlier this month that existing home sales in the US rose by 7.6 per cent between August and July this year.

The currency exchange rate of sterling has risen against the euro following weak economic data from the eurozone.

A poor purchasing managers index for the single currency area worked against the euro, while painting sterling in a better light.

The currency exchange rate of sterling has risen against the euro following weak economic data from the eurozone.

A poor purchasing managers index for the single currency area worked against the euro, while painting sterling in a better light.

The currency exchange rate of sterling has risen against the euro following weak economic data from the eurozone.

A poor purchasing managers index for the single currency area worked against the euro, while painting sterling in a better light.

The crisis within the currency exchange rates of major western currencies has had a positive effect on gold trading.

This is the view of Philip Gibbs, financial manager at Jupiter.

Mr Gibbs suggested that sovereign debt problems are continuing to impact on trading of the US dollar, the yen and the euro.

Sterling's currency exchange rate has risen broadly this morning (September 20th).

The pound edged higher on the back of a subdued dollar despite some weak economic data, analysts told Reuters news agency.

The Japanese government's intervention in the currency exchange markets has been heralded as an important change in attitude.

Last week (September 15th), the government sold off an estimated 1.8 trillion yen (£13.42 billion) in a bid to increase money supply in order to counter inflation and help the country's exporters.

Currency exchange rates for sterling have fallen following the publication of the latest retail figures.

The Office for National Statistics revealed yesterday (September 16th) that there was a 0.5 per cent drop in sales between July and August.

The currency exchange rate for the Brazilian real has "bounced back" on the markets.

Investors have "defied government threats to weaken the currency", as the real rose benefited from strong domestic growth, Reuters reported.

The currency exchange rate for sterling improved towards the end of yesterday (September 15th), it has been revealed.

Earlier in the day the publication of the Office for National Statistics' employment figures has resulted in the pound falling broadly on the markets.

The currency exchange rate for the pound has fallen on the back of weak economic data.

Published this morning (September 14th), the Royal Institution of Chartered Surveyors' (RICS) house price index showed a decline in the property market in the UK.

The currency exchange rate for the pound has fallen on the back of weak economic data.

Published this morning (September 14th), the Royal Institution of Chartered Surveyors' (RICS) house price index showed a decline in the property market in the UK.

Currency exchange rates could prove important to firms that are branching out in order to look for overseas business.

Recent comments from Mark Swift, spokesman for the manufacturer's association EEF, suggested that emerging markets are becoming particularly popular with British companies.

Currency exchange markets have seen a significant increase in trading over the past three years.

A recent report conducted by the Bank for International Settlements has revealed that trading levels increased by 20 per cent.

Exporters in Europe have benefitted from the weak currency exchange rate on the euro.

This is according to a recent article by Stephen Macklow-Smith, senior portfolio manager at JP Morgan Asset Management, comparing the current state of the economy with the situation in Japan in the 1990s.

Exporters in Europe have benefitted from the weak currency exchange rate on the euro.

This is according to a recent article by Stephen Macklow-Smith, senior portfolio manager at JP Morgan Asset Management, comparing the current state of the economy with the situation in Japan in the 1990s.

The currency exchange rate for the pound has fallen following the publication of poor manufacturing data.

Released by Markit and the Chartered Institute of Purchasing and Supply yesterday (September 1st), the PMI for manufacturing was revealed to be 54.3 for August.

The currency exchange rate for the pound has fallen following the publication of poor manufacturing data.

Released by Markit and the Chartered Institute of Purchasing and Supply yesterday (September 1st), the PMI for manufacturing was revealed to be 54.3 for August.

The Australian dollar has seen a dip in its currency exchange rates following the results of the country's general election.

Held over the weekend, the poll failed to identify any majority party and has left Australia with a hung parliament, Wall Street Journal reported.

Sterling currency exchange rate has fallen due to concerns about the economic recovery.

The pound fell against the dollar today (August 20th) despite a boost from stronger than expected retail sales yesterday.

Currency exchange transactions have improved for the Abu Dhabi National Energy Co.

The firm, also know as Taqa, revealed a 26 per cent increase in second quarter profits, Bloomberg reported.

As part of this, the company's foreign exchange gain rose from a loss of 112 million dirhams (�19.79 million) last year, to a gain of 116 million dirhams this year.

Currency exchange traders appear cautious ahead of the release of key data.

Sterling's currency exchange rate has shown little response to the Bank of England's interest rate decision.

The currency exchange rate of sterling and the euro are susceptible to risk.

This is according to a recent report conducted by HSBC.

The Global Investment Perspective study found that sterling is susceptible to event risk as the government struggles with the budget deficit.

Sterling's currency exchange rate against the US dollar has reached a five-and-a-half month high this morning (August 2nd).

The pound bought $1.47 at 09:30 BST. Sterling also held up well against the euro, buying �1.20.

The currency exchange rate for sterling has been lifted by the results of the recent stress tests.

Conducted by the Committee of European Banking Supervisors, the stress tests looked at the financial security of 91 banks.

The currency exchange rate on the pound has reached a seven-week low against the euro.

Sterling bought �1.17, while against the dollar it dropped from last week's high of $1.54 to trade at close to $1.52.

Currency exchange rates for the euro may prove of particular interest to the UK as the possibility of joining the single currency remains under debate.

Andrew Goodwin, senior economist with Oxford Economics, has suggested that the UK could come into difficulties concerning the central bank's interest rate, if the country were to join the eurozone.

Currency exchange rates for the euro could one day apply to the UK as business leaders have suggested that the country should join the single currency.

The BBC recently contacted eight senior business figures to discover their opinion on joining the euro.

The value of the pound against the dollar eased today (July 8th) as the Bank of England decided to keep interest rates on hold for another month.

Sterling hit a two-month high against the US currency, but later dropped to around $1.514.

Eurozone countries could fall into a deep recession if the European Monetary Union (EMU) were to be broken up.

This is the warning of the Dutch bank ING, which said that output across the affected nations would drop by between five and nine per cent in the first year if such an event were to happen.

Substantial fluctuations in foreign exchange rates could damage global economies, the vice-governor of China's central bank has warned.

Hu Xiaolian said "certain flexibility" in exchange rates can be a good thing.

The improved currency exchange rates for sterling could be of benefit to the travel industry.

Frances Tuke from the Association of British Travel Agents has suggested that the improving rate of exchange on the pound will "undoubtedly encourage more people to book an overseas holiday".

Sterling's currency exchange rate increased yesterday (June 17th) following news that the UK's retail industry is improving.

According to the Office for National Statistics, sales in May of this year were 2.2. per cent higher than in the same month in 2009.

China has been given a deadline by the US before which it must act on its currency exchange practices.

The Asian country has come under heavy criticism for its currency exchange rules.

The currency exchange rate for sterling is playing a role in supporting the UK's industry, it has been claimed.

According to the Confederation of British Industry (CBI), demand for UK-made goods has risen due to a weak sterling.

Currency exchange rates are likely to have a negative effect on the earnings of one major food retailer.

Burger King has reported that it expects unfavourable currency exchange rates to reduce its profits this year.

Sterling has fallen in value on the currency exchange markets.

According to Reuters, while early trade was up yesterday (June 2nd) it dipped later in the day.

The strong start for sterling followed Prudential's withdrawal from a $35.5 billion deal to buy American International Group's Asian life insurance business AIA.

Sterling has fallen in value on the currency exchange markets.

According to Reuters, while early trade was up yesterday (June 2nd) it dipped later in the day.

The strong start for sterling followed Prudential's withdrawal from a $35.5 billion deal to buy American International Group's Asian life insurance business AIA.

The export business is benefitting from the currency exchange rate on sterling, it has been suggested.

However, according to Lloyds Banking Group, more companies could take advantage of the weak pound.

China's State Administration of Foreign Exchange (SAFE) has helped to bolster the euro by refuting rumours of a mass sell-off of the currency.

Reports in the Financial Times suggested that the country was reconsidering its debt holdings in the eurozone as a result of the ongoing debt crisis.

Of all major world currencies, sterling is the cheapest at the moment, the manager of Investec's Managed Currency and Currency Alpha funds has claimed.

According to Investment Week, Tim O'Dell said it would take a large drop in the value of the pound for this position to change.

Continued uncertainty over the debt crisis in Europe has caused the euro to fall further against major currencies.

Following the news that the Spanish central bank had taken over a regional lender, the single currency fell one per cent against the dollar.

Continued uncertainty over the debt crisis in Europe has caused the euro to fall further against major currencies.

Following the news that the Spanish central bank had taken over a regional lender, the single currency fell one per cent against the dollar.

Finance ministers in Europe have reached new agreements to help strengthen the euro and prevent another debt crisis.

They will implement tougher penalties for EU member states that fail to comply with the 27-member bloc's fiscal rules.

EU president Herman Van Rompuy said that in addition to stricter budgetary discipline, countries will also work more collaboratively on economic governance.

The euro could be given some "temporary relief" from its downward sprial against the dollar and sterling.

An economist at Ignis Asset Management has suggested that the likelihood is for the euro to consolodate against the two major currencies over the coming weeks.

Dealing in currency exchange is proving to be increasingly profitable due to market volatility, it has been suggested.

According to Barclay Stockbrokers, trading volumes in foreign exchange increased by 95 per cent between February and March on the BARXdirect platform.

Currency exchange markets could change dramatically if the euro were to disappear.

However, Paul Volcker, economic advisor to the White House, warned yesterday that there was a possibility that the currency would not last.

Currency exchange rates for sterling have altered following comments by the governor of the Bank of England (BoE).

Yesterday (May 12th) Mervyn King warned that the need for the UK to tackle its mounting budget deficit is growing all the more urgent due to the debt crisis in the eurozone.

Now is a good time to make international money transfers, it has been suggested.

According to the National Association of Estate Agents (NAEA), house hunters would do well to pick up a bargain overseas now, rather than waiting for the new government to get settled.

The pound has fallen on the foreign exchange markets after Gordon Brown announced he was stepping down as leader of the Labour Party.

His departure will leave a political vacuum, with none of the main political parties having secured a ruling majority in last week's general election.

The euro rallied on the foreign exchange markets today (Monday May 10th) after a €750 billion (£655 billion) bailout package was agreed over the weekend.

In an effort to prevent the debt crisis in Greece from spreading to other countries, European Union finance ministers reached a deal with the International Monetary Fund (IMF).

The currency exchange rate for sterling has fallen rapidly following today's announcement that the UK is facing a hung parliament.

Yesterday's (May 6th) general election failed to deliver a clear winner among the three main parties, resulting in political and economic uncertainty.

The currency exchange rate of sterling is helping to boost export businesses in the UK, it has been suggested.

A report from the Confederation of British Industry (CBI) revealed that the UK's small and medium-sized manufacturers have witnessed overall improvements in business.

The currency exchange rate of sterling is helping to boost export businesses in the UK, it has been suggested.

A report from the Confederation of British Industry (CBI) revealed that the UK's small and medium-sized manufacturers have witnessed overall improvements in business.

Sterling has dipped against the dollar on the currency exchange markets, with analysts suggesting that political movement is behind the decline.

The markets saw the pound drop by 0.79 per cent against the dollar this morning (May 4th) to trade at $1.51 at 11:30 BST.

Company profits are being affected by currency exchange rates, it has been suggested.

Drilling company Helmerich & Payne and beauty conglomerate Avon Products have both released recent profit reports revealing substantial losses attributed to a currency devaluation.

The fact that the UK can chose to devalue sterling on the currency exchange markets could help the country to avoid the same fate as Greece, it has been claimed.

Government debt problems recently led ratings agency Standard & Poor's to downgrade the Mediterranean country's credit rating to 'junk' status.

Currency exchange markets and the value of the pound will level out despite fears over a hung parliament, economic analysts have suggested,

The past week saw the pound dip against the other major currencies as a television debate between the three main political leaders in the UK resulted in even more varied election polls.

Sterling has risen on the currency exchange markets this morning (April 15th) following a change in a political opinion poll.

An opinion poll conducted for the Sun by YouGov has put the Conservatives in a nine-point lead, the highest gap since the general election campaign began.

Manufacturing levels in the UK have been given a boost by sterling's low performance on the currency exchange markets.

The manufacturing Purchasers Managers Index (PMI) revealed that the reading in March had risen from 56.5 the month before to 57.2.

The euro is in a vulnerable position on the currency exchange markets as Greece's sovereign debt problems have exposed some weaknesses in the single currency zone.

Around a decade after its launch, the euro was being considered by central banks across the world as an alternative to the dollar for cash reserves.

The currency exchange markets have responded to prime minister Gordon Brown's notice that a general election will be held in a month's time.

Mr Brown's formal announcement this morning (April 6th) saw sterling make significant losses on the markets.

Sterling has fallen on the foreign exchange markets following the chancellor's 2010 Budget.

Against the dollar, the currency reached a low of $1.49 yesterday (March 24th) at around 18:00 GMT.

Sterling's performance on the foreign exchange markets is likely to be affected by the Budget for 2010.

Chancellor Alistair Darling will deliver the Budget at midday today (March 24th).

Sterling's value on the foreign exchange markets has continued to fall following further political and economic pressures.

The UK currency fell to $1.49 at 10:00 GMT this morning (Monday, March 22nd) ahead of this week's Budget announcement.

New guidelines have been issued to help British firms to extend their businesses overseas.

With UK exports already running high due to a weak sterling, this latest announcement could really give the export industry a boost.

The guidelines were issued by the Department for Business, Innovation and Skills (BIS) and they explain how firms can take advantage of trade opportunities on offer.

Analysts have predicted that sterling will continue to see a low rate of currency exchange.

Kornelius Purps, fixed income director at Unicredit, told the Daily Telegraph that sterling will continue to face difficulties as the UK struggles to recover from the recession.

Sterling is continuing to put up a poor performance on the foreign exchange markets.

Analysts have suggested that unexpectedly low manufacturing data could be to blame for the currency's meagre show.

China's currency may be allowed to fluctuate with the foreign exchange markets following the release of new data.

The country's government had previously held exchange rates at an artificial low against the US dollar in a bid to ease pressures on China's exporters.

An investment expert has suggested that it is "inevitable" that sterling will become the main focus of foreign exchange markets in the run up to the general election.

Stuart Frost, co-fund manager of Threadneedle's Absolute Return Bond Fund, explained that the political pressure on the pound was likely to push it into the limelight.

Oil prices have been affected by the dollar's currency exchange rate, according to analysts.

A weak dollar, most likely brought about by the latest jobs data, has pushed the price of crude oil up to around $82.

The current low rate of currency exchange for sterling is having a positive effect on the British manufacturing industry, according to one Japanese businessman.

Masahiro Sakane, chairman of the world's second-largest manufacturer of heavy construction equipment, Komatsu, told the Daily Telegraph that a weak sterling is proving beneficial to industry.

Economic problems in Greece will not affect the value of the euro in the long run, it has been claimed.

The Mediterranean country is in the midst of a debt crisis which has affected the single currency, bringing it to a ten-month low against the US dollar earlier this week.

The likelihood of a hung parliament has once again pushed currency exchange into the centre of debate.

Both the Daily Telegraph and the Financial Times have commented on sterling's value today (March 3rd) as the polls show a hung parliament is looking 'probable'.

Sterling has dropped at its sharpest rate in nearly a year, according to foreign currency exchange rates.

The currency dropped against the dollar this morning (Monday March 1st), to reach $1.49.

Analysts expect sterling to remain 'pressured', despite the upward revision in the UK's gross domestic product (GDP) data.

The upward revision to show that the UK experienced 0.3 per cent growth in the fourth quarter of 2009 was not enough to alleviate traders' persistent worries concerning the strength of the country's economy.

The recent financial climate has had an effect of the trading of foreign exchange, according to a recent survey.

Conducted by ClientKnowledge for the CME Group derivatives market, the report revealed that investors and traders are thinking differently about foreign currency exchange following the global recession.

Poland is taking a closer look at its economic situation in a bid to stabilise its currency.

According to Bloomberg, the country's central bank is likely to announce that it will keep the interest rate at a record low of 3.5 per cent.

Sterling is not performing well in the currency exchange markets as the latest announcement from the governor of the Bank of England suggests that the UK economy remains unstable.

Speaking at the Treasury Committee, governor Mervyn King said that both the low Bank rate and the maintenance of the Bank's quantitative easing program at £200 billion were likely to continue for some time.

Sterling fell on the currency exchange markets yesterday (February 18th) following news that the government has been forced to borrow more money.

As tax receipts dropped off sharply, net borrowing in the UK was over £9 billion higher in January 2010 than it was a year previously.

Sterling's currency exchange value dipped against the dollar this morning (Wednesday 17th) following the unexpected rise in unemployment reported by the Office for National Statistics (ONS).

However, analysts suspect that the Bank of England's decision to halt quantitative easing has prevented the currency from falling further as some faith in the UK's economic recovery remains.

Credit rating agency Moody's has issued an assurance that the possible downgrading of Greece's currency does not mean a euro meltdown will follow.

There have been fears that the Mediterranean country's financial worries would have a substantial affect on the single currency zone.

Sterling's depreciation has put pressure on inflation in the UK, according to the latest report from the Bank of England.

As sterling fell against the currencies of many of Britain's trade partners, the cost of importing items to the UK rose accordingly.

Traders are making record bets that the value of the euro will fall against that of the US dollar.

A total of almost £5 billion has been put against the currency.

Analysts have speculated that the high bets have arisen due to the euro's unstable position.

Sterling levelled out against the dollar as the Bank of England signalled a halt to quantitative easing (QE).

As expected, the Bank announced today (February 4th) that it was pausing quantitative easing.

The lending rate has been maintained at 0.5 per cent and the asset purchase programme also rests at £200 billion.

Changes to foreign currency and economic policy have wreaked 'chaos' in North Korean currency markets and daily life.

In November 2009, national policy in the country changed to prevent the use of foreign currency in the country.

The currency exchange markets have seen the Swiss franc rise hastily against the euro.

As Greece continues to experience fiscal problems the euro has been dragged down against other European currencies.

Sterling has fallen against the euro amid growing political concerns.

A recent opinion poll carried out by ComRes for the Independent has found that a hung parliament result in the general election in June is looking increasingly likely.

Sterling vs. dollar currency exchange rates have fallen following the release of data concerning the US economy.

The pound dropped from a steady rate of $1.615 to the pound down to a day's low of $1.61 at 13:00GMT today (January 29th).

This coincided with the release of economic growth data from the US.

Figures from the US Commerce Department showed a growth rate of 5.7 per cent in the economy during the fourth quarter of 2009.

The increase was higher than expected - economists from a survey by MarketWatch had previously suggested a growth of 5.4 per cent, while Reuters thought the number could have been as low as 4.6 per cent.

Despite the positive end to the year for the dollar, 2009 still saw the US economy decline at the largest rate since 1946 with an overall fall of 2.4 per cent across the year.

Click here to find out how much you can save with HiFX's Foreign Exchange services

Posted by Eleanor Ward

Sterling vs. dollar currency exchange rates have fallen following the release of data concerning the US economy.

The pound dropped from a steady rate of $1.615 to the pound down to a day's low of $1.61 at 13:00GMT today (January 29th).

This coincided with the release of economic growth data from the US.

Figures from the US Commerce Department showed a growth rate of 5.7 per cent in the economy during the fourth quarter of 2009.

The increase was higher than expected - economists from a survey by MarketWatch had previously suggested a growth of 5.4 per cent, while Reuters thought the number could have been as low as 4.6 per cent.

Despite the positive end to the year for the dollar, 2009 still saw the US economy decline at the largest rate since 1946 with an overall fall of 2.4 per cent across the year.

Click here to find out how much you can save with HiFX's Foreign Exchange services

Posted by Eleanor Ward

Foreign currency exchange markets are particularly volatile at the moment, a report from HSBC has revealed.

The main source of volatility is coming from the US, where the Federal Reserve is facing a massive overhaul bringing with it uncertainty in trading.

Foreign currency exchange markets are particularly volatile at the moment, a report from HSBC has revealed.

The main source of volatility is coming from the US, where the Federal Reserve is facing a massive overhaul bringing with it uncertainty in trading.

Sterling fell rapidly yesterday (Tuesday January 26th) following a lower than expected growth in gross domestic product (GDP) in the UK.

At the time of the release of the figures, around 09:30GMT, sterling plummeted from $1.625 to the pound down to $1.61.

People looking to make an international money transfer and invest in emerging markets abroad, could be interested to read Ignis Management's predictions for 2010.

In the company's publication, Hexam, Ignis has described China as one of the best emerging economies for investment.

People looking to make an international money transfer and invest in emerging markets abroad, could be interested to read Ignis Management's predictions for 2010.

In the company's publication, Hexam, Ignis has described China as one of the best emerging economies for investment.

Sterling's exchange rate enjoyed a brief period of good trading against the dollar as the latest UK unemployment figures showed that benefit claims in December fell by 15,200.

The pound reached a high against the dollar of $1.63 to the pound at around 11:00GMT this morning (January 20th).

Currency exchange markets could be all change for sterling as one of the UK's largest money management firms has warned that the pound's AAA rating is "extremely vulnerable".

In a note issued to investors, Standard Life's investment director Paul Laing, blamed the risky state of the currency on a "highly toxic" mix of economics and politics.

Sterling has reached a four-month-high against the euro and held gains on the dollar.

One pound traded at a high of €1.134 today (January 15th) at 14:00GMT as negative reports concerning Greece's debt situation dragged the euro down.

Sterling secured its position against the dollar this morning (January 14th) when it again continued its four-week high of just over $1.63 to the pound at 13:00GMT.

The currency also traded well against the euro, with one pound buying €1.127 at 16:00GMT.

Sterling reached its highest trading figures against the dollar in nearly four weeks, trading at a high of $1.63 dollars to the pound at midday today (January 13th).

The pound has also performed well against the euro with a high of one pound buying almost €1.123.

The pound's worth has been propped up by the latest positive data concerning the UK's trade deficit and housing market.

Released this morning, data from the Office for National Statistics showed that the nation's deficit on trade shrunk towards the end of 2009.

Foreign exchange rates and currency markets are likely to be affected this week by the release of jobs data.

The publication of yesterday's (January 6th) ADP employment data has blown a "bit of caution to the wind" for investors, according to a market analyst from City Index.

The pound has started the year on a low and looks likely to continue that way for now according to currency trader City Index.

Sterling began the year "underperforming", according to Neil Looker, City Index's chief foreign exchange dealer.

The pound has started the year on a low and looks likely to continue that way for now according to currency trader City Index.

Sterling began the year "underperforming", according to Neil Looker, City Index's chief foreign exchange dealer.

The debate concerning Britain's bankers has reignited suspicion that many banks may move their money and their staff abroad.

In view of heavy UK tax burdens, European countries, such as Switzerland, have been considered by big name financial companies as alternative options to Britain and London in particular.

The debate concerning Britain's bankers has reignited suspicion that many banks may move their money and their staff abroad.

In view of heavy UK tax burdens, European countries, such as Switzerland, have been considered by big name financial companies as alternative options to Britain and London in particular.

Sterling has risen in value against the dollar this morning peaking close to $1.625.

The rise comes after the British manufacturing sector reported good business which, alongside improved mortgage approval rates, has increased faith in the UK economy.

The US dollar index fell 0.4 per cent to 77.581 today (December 31st).

Reports in the Financial Times (FT), attribute the "broad" decline to "extremely light" trade as Tokyo and many European countries take holiday ahead of the New Year celebrations.

A total of £82.5 billion was raised through the issue of new shares on the London Stock Exchange this year.

This is an increase of 16 per cent compared to the total raised on the exchange in 2008, a statement revealed.

More than 60 new issues took place on the exchange this year, of which 18 were IPOs, despite economic conditions deteriorating at several points in the year.

Britons looking to move abroad and earn a wage in a foreign currency could be encouraged by news that global employment markets are improving.

The Asia Pacific region is the strongest employment area with hiring rates similar to those from before the recession, according to a survey from employment service provider Manpower.

Britons looking to move abroad and earn a wage in a foreign currency could be encouraged by news that global employment markets are improving.

The Asia Pacific region is the strongest employment area with hiring rates similar to those from before the recession, according to a survey from employment service provider Manpower.

Investors looking to make money abroad have been advised to take a fresh look at the emerging markets.

Independent financial advisers polled by JP Morgan were 61 per cent in favour of investing in the emerging markets, particularly Asia.

Investors looking to make money abroad have been advised to take a fresh look at the emerging markets.

Independent financial advisers polled by JP Morgan were 61 per cent in favour of investing in the emerging markets, particularly Asia.

The UK looks set to continue along a slow road to fiscal recovery, according to a leading business association.

A report from the Confederation of British Industry (CBI) predicted that recovery in the UK will "be weak at 0.3 per cent" in the first two quarters of 2010 as consumer confidence in spending rises gently.

A leading economist has said that a "double dip recession" looks unlikely after a recent financial report suggested confidence was growing among UK businesses.

The positive financial report from Lloyd's TSB found rising confidence in sales, orders and profits amongst UK businesses, a possible sign that the economy and Sterling exchange rates could be on the road to recovery in 2010.

Foreign currency exchange prospects looked strong for sterling as the pound rose sharply against the euro on Wednesday (16th December).

The exchange rate reached a high of 1.126 euros to the pound whilst rates against the dollar also showed a slow improvement.

Brits who own property abroad have been urged to take a "cautious approach" to currency exchange due to unpredictable markets.

Mark Bodega, director of currency specialists HiFX, issued the advice after the company's global currency report revealed that 2009 has been a "volatile year for the world's currency markets".

Brits who own property abroad have been urged to take a "cautious approach" to currency exchange due to unpredictable markets.

Mark Bodega, director of currency specialists HiFX, issued the advice after the company's global currency report revealed that 2009 has been a "volatile year for the world's currency markets".

Brits who own property abroad have been urged to take a "cautious approach" to currency exchange due to unpredictable markets.

Mark Bodega, director of currency specialists HiFX, issued the advice after the company's global currency report revealed that 2009 has been a "volatile year for the world's currency markets".

The euro looks set to continue to gain strength, as the currency rose 0.76 per cent against the dollar at 9.55am today (December 15th).

A continued increase could encourage Britons to consider expatriating to European destinations such as France and Germany to take advantage of the relative stability of the currency.

The euro looks set to continue to gain strength, as the currency rose 0.76 per cent against the dollar at 9.55am today (December 15th).

A continued increase could encourage Britons to consider expatriating to European destinations such as France and Germany to take advantage of the relative stability of the currency.

Foreign exchange prospects are looking up for the pound due to the currency holding a steady exchange rate against the euro over recent days.

Despite small negative changes and a drop against the dollar, sterling was trading at 1.10730 against the euro on the morning of December 14th.

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.

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.

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.

Expats living in Norway may soon need to make bigger money transfers to pay off loans held in the country, it has emerged.

Norges Bank recently announced interest rates will rise by 0.25 per cent to 1.5 per cent.

Expats making money transfers to foreign-based loans may find the latest foreign exchange trading figures have a positive impact on their bank accounts.

The pound yesterday rose to its highest level this month against the euro and the dollar, meaning Brits living in the US and on the continent are likely to see their money go further.

Investors will continue to make money transfers to Romania amid the recession, according to industry experts.

Figures from business development agency Ubifrance recently revealed that following money transfers to the region, several French companies generated more than €1 billion (£9.2 million) in turnover, Agence France-Presse reports.

Investors will continue to make money transfers to Romania amid the recession, according to industry experts.

Figures from business development agency Ubifrance recently revealed that following money transfers to the region, several French companies generated more than €1 billion (£9.2 million) in turnover, Agence France-Presse reports.

Investors are becoming more confident in making money transfers to overseas property markets, according to industry experts.

Real estate website Rightmove.co.uk recently made the claim following the publication of figures from mortgage specialist Conti.

Brits heading overseas may get better foreign exchange trading deals if they avoid high street currency providers, industry experts suggest.

Online comparison service moneysupermarket.com recently highlighted the importance of searching for favourable exchange rates due to the strengthening euro.

The US dollar slipped against a range of currencies in foreign exchange trading on Friday (September 25th) following the release of a draft communique from the G20 leaders stating measures to stimulate the global economy will remain in place, reports suggest.

However, the dollar was not the only currency to drop in foreign exchange trading, as sterling dropped to new lows against the dollar and the euro, news agency Reuters reports.

The US dollar slipped against a range of currencies in foreign exchange trading on Friday (September 25th) following the release of a draft communique from the G20 leaders stating measures to stimulate the global economy will remain in place, reports suggest.

However, the dollar was not the only currency to drop in foreign exchange trading, as sterling dropped to new lows against the dollar and the euro, news agency Reuters reports.

The US dollar hit back against the euro in foreign exchange trading today, but then once again fell in value as other currencies saw gains.

Belief among traders that the Federal Reserve will keep interest rates low for a long time kept investors away from the greenback.

The US dollar slipped in value in foreign exchange trading today (September 23rd) as traders awaited the outcome of the latest Federal Reserve meeting.

Traders also remained cautious ahead of the Pittsburgh summit of G20 leaders.

The pound gained in trading on the foreign exchange markets today (September 23rd) following the release of minutes from this month's Bank of England Monetary Policy Committee meeting.

Minutes indicating that the committee members were unanimous in their decision to not make any further changes to the programme of quantitative easing helped push the pound up, although government bonds fell, the Bloomberg news agency reports.

The US dollar has risen in value in foreign exchange trading today (Monday September 21st), on the back of a new report showing continued growth in the country’s economy.

Trading of the dollar rose against the yen and against the dollar index, which tracks the currency against six of the country’s major trading partners.

The dollar remained subdued on foreign exchange markets yesterday as investors continued to move away from the greenback in favour of riskier assets.

Continued evidence that a global economic recovery is beginning to develop helped to buoy confidence among investors.

The dollar slipped to new lows for the year as investors opted for international money transfers to other currencies.

As the dollar continued to drop, the euro hovered near highs for the year.

Uncertainty remains in regard to the UK economy, the governor of the Bank of England said.

Speaking to parliament's Treasury committee, Mervyn King said: "The strength and sustainability of the recovery is highly uncertain."

Following his comments, the pound pared gains against the dollar, the Bloomberg news agency reports.

The dollar has fallen to is lowest level against the euro in trading today, on the back of low borrowing in the US.

As a result, investors opted to sell the currency in favour of assets with higher returns, Bloomberg reports.

According to the news agency, earlier gains following concerns over a US-China tariff dispute were wiped out as trading continued.

Investors may begin to consider Japan as a location for their overseas business ventures following the release of new figures.

The country's economy increased by 0.9 per cent in the second quarter, meaning it has successfully climbed out of recession, the BBC reports.

Investors may begin to consider Japan as a location for their overseas business ventures following the release of new figures.

The country's economy increased by 0.9 per cent in the second quarter, meaning it has successfully climbed out of recession, the BBC reports.

UK emigrants who transfer money to assets in France and Germany may start to see a greater return on their investments, new research indicates.

Figures from economy monitor Eurostat recently revealed that the countries emerged from the recession in the second quarter.

Falling unemployment rates in the US may indicate that the country's economy is strengthening, according to industry experts.

Recent research by the US Labour Department reveals that the number of people out of work in the region fell in July, which may interest Brits who are considering transferring money to assets in the country.

Investors who make international payments to purchase insurance products are remaining cautious, according to industry experts.

Bank International Netherlands Group (ING) recently revealed that it has seen a €71 million (£61.1 million) profit in the three months preceding June.

British investors may start to see a greater return on their Europe-based assets, according to a new survey.

Research by financial analyst Markit reveals that July saw an increase in activity in the manufacturing sector, which may be of interest to expats making international payments to fund their companies.

Investors buying riskier assets following rumours of the beginning of an economic recovery, caused the dollar to drop in value today.

Reports suggest that improved corporate earnings and US unemployment figures have encouraged demand for stocks and higher-risk products, rather than the safer dollar.

Britons using foreign exchange services to buy overseas shares are urged to be cautious with their investments, it has emerged.

Finance expert Bloomberg recently noted that increasing shares prices in emerging markets may soon fall.

Britons making foreign exchange transactions are likely to find their money goes further in the US and eurozone thanks to a strengthening pound.

Figures published by the Herald recently revealed that sterling grew significantly against the dollar and euro.

UK entrepreneurs transferring money to overseas investments may be able to snap up premises at affordable rates for some time, according to industry experts.

Commercial property consultants Knight Frank recently explained that the prices of business premises in Europe are likely to fall further.

Investors should look to Egypt when making international money transfers, according to industry experts.

Property Abroad recently reported that the country could prove lucrative for Brits seeking overseas investment opportunities.

Julie Liddle, emerging markets researcher for the portal, explained that Egypt's economy has been boosted by holidaymakers.

Swiss-registered investors redirected their capital flows from banks to money market funds during February, new foreign currency research suggests.

According to a report by Lipper, total cash inflows constituted 4.6 billion Swiss francs (£2.75 billion), which helped money market funds to become the second biggest form of assets after bonds.

Britons looking to invest in a foreign property but concerned about foreign exchange rates might be as well to consider Turkey as a potential destination.

According to foreign property firm Atlas International, many investors are shifting from their markets and turning to the country, where they can make the most of the foreign exchange rate and get more for their money.

A number of outcomes are possible for the economy following the Bank of England's decision to reduce the interest rate and stimulate quantitative easing, according to international money transfer service HiFX.

The bank announced an asset purchase programme of £75 billion to allow for quantitative easing as it cut the interest rate.

Britons who were overcharged in capital gains tax (CGT) after selling their Spanish property could be entitled to reclaim more than £8 million.

A British couple have become the first claimants to successfully battle the Spanish government for their tax overpayment, with international money transfer firm HiFX stating that the 600 people claiming their tax back could be entitled to a collective £8.4 million.

Some foreign investors are likely to be attracted to properties in France since the emergence of 100 per cent mortgages, an expert has claimed.

However, John Reilly, managing director at BuyAbroad.com, has questioned whether this is a good thing.

Consumers planning to invest in foreign property in Brazil might want to take a trip to the country to view potential offerings while it is cheap to do so.

According to travel specialists Journey Latin America, the region's declining currency over the past year has led to a rise in tourism in Brazil.

In news that may be of interest to Britons planning to make international money transfers, the Travel Association (ABTA) has teamed up with London Metropolitan Police and other organisations to launch a new anti-fraud forum.

PROFiT - Prevent Fraud in Travel - has been set up to reduce fraud within the industry, which sets the market back by more than £10 million each year.

Foreign exchange experts HiFX have launched a new tool that aims to reduce the cost of international money transfers by £1.65 billion.

The annual saving could be made by Britons looking for the best rates to get the most from their pound, with the service being the first to show real-time rates as they move.

A hedging strategy could provide more security for people who are looking to transfer money between countries, it has been claimed.

The current foreign exchange market is very volatile and there have been many unprecedented moves, explained head of private clients at World First Elisabeth Dobson.

Consumers need to exercise caution when undertaking online transactions such as international money transfers, a fraud watchdog said today.

Cifas revealed results of new research carried out by Get Safe Online, which found that 23 per cent of Britons had either experienced a phishing scam - where a mocked-up email is used to extract personal data – or been friends with or related to someone who had in the last year.

The economy in the UK will "decline through all of 2009", it has been claimed.

Chief UK and European economist at IHS Global Insight Howard Archer explained the 1.5 per cent contraction the country saw in the final quarter of 2008 will possibly be the "deepest".

Sterling is "still looking oversold and undervalued", it has been claimed.

Yesterday's decision to cut interest rates to one per cent was widely anticipated and therefore had "no negative impact" on British money, explained currency strategist at HiFX Marc Cogliatti.

The weakness of the global banking and financial system means the supply of credit remains constrained, it was reported today.

These comments, from the Bank of England, came after it announced it would cut interest rates by 0.5 per cent to one per cent.

There is a case for "cautious optimism" when it comes to the housing market, it has been suggested.

Content editor of FindaProperty Michael O'Flynn explained there have recently been an increasing number of enquiries from people interested in purchasing somewhere to live.

The Bank of England should learn from Japan when it comes to quantitative easing measures, it has been suggested.

Economist at Defaqto Michael Baxter explained that many people believe the Asian country took too long over the decision to cut interest rates to zero.

The current financial downturn is a result of 14 years of "binge borrowing" and the nation is now "addicted to debt", it has been claimed.

It is right for the government to try and act on the situation but cutting off cash flow and making people go "cold turkey" is not fair, explained head of personal finance at money website Fool David Kuo.

Interest rates could fall to zero and remain there through until 2010, it has been suggested.

These are the views of senior economist at the Centre for Economics and Business Research (CEBR) Charles Davis. He stated it is likely for rates to fall further and remain low because the country is now officially in recession.

The current financial downturn is a result of 14 years of "binge borrowing" and the nation is now "addicted to debt", it has been claimed.

It is right for the government to try and act on the situation but cutting off cash flow and making people go "cold turkey" is not fair, explained head of personal finance at money website Fool David Kuo.

Airlines will "struggle to forecast their overall exposure", it has been claimed.

Most British companies that deal with an American market will have felt the effects of the recent foreign exchange rates, explained money conversion specialist HiFX.

Foreign exchange rates are making Korea a "great value for money" destination, it has been claimed.

The strength of the sterling against the won at the moment should make it an affordable destination for Brits, explained marketing manager at the Korean Tourism Organisation Michael Michael.

Overseas card fraud has increased because magnetic strips can be cloned and used in countries that have not yet implemented chip and pin technology, it has been suggested.

Thanks to recent changes in the UK that require people to use a personal identity number, crimes related to this form of payment have decreased over recent years, explained Tim Pie from HSBC.

It is a good idea to arm yourself with a few different forms of payment when abroad, it has been suggested.

People travelling to another country should inform their bank before they leave so it can identify any unusual activity, explained spokesperson from HSBC Tim Pie.

The weak pound has made a strong impact on where Brits are intending to take their jolly jaunts this year, a new survey has revealed.

The study, by online travel agent Just the Flight, found that 40 per cent said the sterling's strength would have a "significant" influence on where they travel.

Inflation is "a very bad thing" and the fact that it has decreased is a positive step, one expert has suggested.

Deflation can be a threat because it can cause "sharp monetary contraction" which some analysts deem as a risk, explained professor of economics at the Cass Business School Geoffrey Wood.

Yesterday's announcement that the Royal Bank of Scotland's (RBS) shares had fallen 70 per cent has "completely overshadowed" the bank bailout plan, an industry expert has suggested.

Despite receiving £32 billion in funds from the government and other sources, RBS' capitalisation is now less than £5 billion, explained senior currency strategist at HiFX Bob Munro.

Holidaymakers are aware that the current foreign exchange rates mean certain destinations, such as Brazil, may be more affordable, it has been suggested.

Brazil's currency has suffered recently because of the problems in United States of America as they usually do a lot of trade with them, explained Suren Thiru, economist at the Halifax.

Consumers have been advised that now may be an ideal time to start paying down any debts instead of trying to save money.

David Kuo is head of personal finance at Fool.co.uk and said due to the current economic climate, people may benefit more if they transfer money to pay off all, or part of, a loan.

The UK may join the euro if the "right economic conditions" are met, according to Europe minister Caroline Flint.

Speaking to the Metro, Ms Flint said a decision would be made based on a number of factors.

"We have identified five tests that have to be met - convergence with other European economies, flexibility, impact on investment, the impact on the financial services industry and growth stability and employment," she explained, adding so far these criteria have not yet been met.

Fluctuating foreign exchange rates and the recent decline in sterling against the euro and US dollar is changing tourists' travel habits, a new report has found.

One country where Brits might be able to get more for their money is the Seychelles, where 171,000 UK residents visited in 2007, according to a survey by the Halifax.

Brits who are selling an overseas property need to ensure they consider the tax implications in the UK, it has been suggested.

Some people with a second home may be looking to raise extra funds at the moment by putting it onto the market, explained director of personal tax at accountancy firm PKF.

Brits living abroad for a sustained period of time need to ensure they not only have travel cover but also health and home insurance, it has been suggested.

Opening an offshore bank account could be one way of receiving a certain level of insurance, said Shelter Offshore.

News that the interest rate has not been slashed as much as feared will be a "welcome relief" to businesses that trade internationally, an industry expert has stated.

The comments, from currency strategist Marc Cogliatti at the foreign exchange specialist HiFX, came after the monetary policy committee (MPC) announced that rates will be cut 0.5 per cent to 1.5 per cent.

If interest rates are cut to nearly zero today, then this could weaken the pound even further, it has been suggested.

The volatile financial market is forcing banks to take action but slashing rates dramatically could cause global investors to wonder why such action had to be taken, explained senior currency strategist at HiFX Chris Towner.

The future interest rate will depend on what happens in the eurozone, an economist has suggested.

Over the next six months, the British rate of interest will decrease to around 0.5 per cent, predicted economist at Defaqto Michael Baxter.

The year ahead looks "gloomy" for the value of the pound against the euro, it has been suggested.

In the UK, the economic deterioration is picking up pace and sterling traditionally struggles at times like this, explained HiFX.

Having the right bank account to suit the individual's needs when moving abroad is essential, it has been suggested.

It can help make sure that the most is achieved from finances and could provide the account holder with good returns, explained Alliance and Leicester Limited (ALIL).

Those with a second home abroad, which they have perhaps bought using an international money transfer system, might be exempt from inheritance tax if they let it out to holidaymakers, an industry expert has said.

A lot of properties abroad can be very valuable and can be owned by wealthy people, explained DHC Accounting.

The Brazilian economy is not suffering quite as much as the UK, USA, Europe and Japan due to the fact that it was "protected" in recent months, it has been suggested.

Paulo Wrobel, from the commercial section at the Brazilian Embassy in London, said the country - along with other emerging markets such as China - was "a bit protected earlier ... when the credit crunch started, because really the financial systems were not affected."

The pound has weakened further against the euro, moving closer to parity with the continental currency for the first time amid bets that the Bank of England will lower the base rate of interest from its current level of two per cent to help the economy.

Additionally, the sterling's money exchange rate fell against the dollar after John Gieve, the deputy governor of the Bank, told the BBC that policymakers require new instruments in order to tackle the current economic slowdown.

While a drop in the UK's inflation is positive for consumers as the cost of goods drops, there is a danger if the country enters recession, it has been suggested.

Darren Cook, a spokesperson for Moneyfacts, said that if inflation drops too low, it will cause deflation to occur.

The US Federal Reserve's "dramatic economic action" of reducing the country's base rate of interest to between zero and 0.25 per cent may have to be followed by the Bank of England, it has been suggested.

Jonathan Loynes, chief European economist at research consultancy Capital Economics, states the fact that the Fed had to make such a move is an indication that the UK may have to consider "similar sorts of policies".

The dollar has fallen against other currencies after the US Federal Reserve cut its key interest rate to a record low in recent days.

Some sector analysts expected the Fed to reduce the base rate of interest to 0.5 per cent. In fact, it was reduced to 0.25 per cent.

As the pound approaches parity in value with the euro, the "winners and losers" have been identified.

Tourism is identified as a winner, with the favourable foreign money exchange meaning that London has not been cheaper for visitors from the continent in at least two decades, an article in the Evening Standard notes.

The European Central Bank (ECB) will keep its options open regarding interest rates until its next meeting, which is set to take place in January, it has been asserted.

Michael Bonello, a member of the ECB's Governing Council, made his comments when asked by reporters whether his opinion corresponded with market expectations of a 50 basis point reduction in the benchmark lending rate in January.

The sterling may begin to improve now the base rate of interest has been cut, but it is likely to underperform for the rest of the year, according to a strategist at foreign currency exchange service provider HiFX.

Against the dollar (1.4500), the UK's currency has been at its lowest rate for six years and it has been at an all time low against the euro (1.1500).

Volatile exchange rates caused by the global economic slowdown mean that Seoul is no longer one of the most expensive locations for expatriates, according to a new study.

Carried out by ECA International, the survey compared a total of 125 services and consumer goods commonly purchased by expats in more than 370 locations around the world.

There is a real risk of actual deflation next year, according to the Centre for Economics and Business Research (CEBR).

Charles Davis, an economist for the organisation, made his comments after the Bank of England today announced a one percentage point reduction in the base rate of interest, taking it from three per cent to two per cent.

People are beginning to think more seriously about their spending habits, according to Alliance and Leicester.

Hetal Parmar, manager for savings at the financial services provider, states they are thinking more about ensuring they have money set aside for "a rainy day".

Conditions are ripe for interest rate cuts by the European Central Bank (ECB), according to Jose Manuel Barroso.

The president of the European commission made his comments on Sunday on RTL radio.

Declining to comment on the scale of a potential rate cut, he said: "It is true that now the conditions are there for a drop in interest rates."