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Latest Currency News on Currency Transfers

Dollar up on the Yen

Sendmoneyhome fx report US Dollar The US Dollar climbed to a two-week high against the Japanese Yen after the Bank of Japan announced that it was keeping interest rates on hold but extended its bank lending scheme. The BOJ said that it was going to double part of a growth…

MoneyCorp up for sale

TTT Moneycorp who are one of the UK's fastest growing foreign exchange providers and have the better part of 80 retail outlets throughout airports and high streets and are reportedly up for sale. The news comes just as Travelex are preparing for a stock market flotation and it…

A Bad day for the Euro

Compare FX report The Euro The Euro weakened against the Pound and some other peers ahead of the release of flash GDP growth rate data which is likely to be weaker than the previous reading. A slowdown of inflation in the region’s biggest economy raised concerns that the ECB c…

The Pound hits four year high against the Dollar

Compared FX currency report Pound Sterling The Pound hit a four-year high against the US Dollar after a report showed that UK house prices increased this month. Sterling also pushed beyond a one-year high against the Euro. The currency also made gains against the rest of its…

Rand tumbles ahead of today's state of the nation address

Forex update send money home South African Rand The Rand fell against its peers as investors grew nervous ahead of today’s State of the Nation address due to be held by South African President Jacob Zuma. Tensions between the ruling ANC party and its rival the Democratic A…

ECB under challenge by the German constitutional court

Foreign exchange report The Euro The Euro softened against the US Dollar late in yesterday’s session after Federal Reserve Chairman Janet Yellen suggested that the US Central Bank will continue to taper its monthly bond buying programme. Economists are looking ahead to today’s spe…

Market uneasy ahead of Janet Yellen’s first testimonial

Sending money home currency report US Dollar The US Dollar weakened against the majority of its major peers overnight as last week’s disappointing jobs data continues to weigh. The market is uneasy ahead of new Federal Reserve Chairman Janet Yellen’s first testimonial to Con…

Pound falls ahead of inflation report

Foreign currency report Pound Sterling The Pound has halted a two-day advance against the US Dollar as investors take a wait-and-see approach ahead of Wednesday’s Bank of England inflation report. Due to the wait for the inflation report the currency fell despite expectations t…

USD recovers ground on the Yen

US Dollar Another batch of mixed US data inspired ‘Greenback’ movement yesterday. Separate reports showed the level of jobless claims fell by more-than-forecast while the nation’s trade deficit widened unexpectedly. Overnight the US Dollar recovered ground against the Yen as inves…

Prospects of a new oil pipeline strengthen the 'Loonie'

Canadian Dollar As investors steadily recovered their appetite for risk the Canadian Dollar was bolstered against its US counterpart. Hopes that a new oil pipeline will boost Canadian growth saw expectations for a BOC rate cut decline and helped the ‘Loonie’ strengthen ahead of tom…

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