Foreign Transaction Fees Vs. Currency Conversion Fees: What's the Difference? - Forbes

Foreign Transaction Fees Vs. Currency Conversion Fees: What's the Difference?  Forbes

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Pound Australian Dollar Sinks as Positive Risk Appetite Boosts ‘Aussie’

GBP/AUD Exchange Rate Falls, Risk-On Mood Buoys Australian Dollar The Pound Australian Dollar exchange rate fell today as an increase in risk appetite has boosted demand for the risk-sensitive ‘Aussie’. The pairing is currently fluctuating around AU$1.83. Risk sentiment has improved as key economies including the...

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GBP/NZD Forecast: Pound New Zealand Dollar Exchange Rate Steady on UK Coronavirus Recovery Hopes

The Pound New Zealand Dollar (GBP/NZD) exchange rate has edged higher this morning as NZD exchange rates remain on the back foot against an ongoing surge in global coronavirus cases. At the time of writing the GBP/NZD pairing are trading around the NZ$1.9978 level as the UK enjoys a 7 day fall in UK coronavirus cases. Pound...

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Two-Day FOMC Meeting Ends Today with Likely Same Dovish Message

Against the backdrop of rising Covid-19 infections in the United States, this isn’t the time for the Fed to express a lot of concern about inflation or to show greater urgency as official begin to contemplate a plan to taper monetary stimulus. In the three days of July 25-27, new U.S. coronavirus cases averaged 57.3k […]

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ECB Changes Forward Policy Guidance

At today’s scheduled European Central Bank Governing Council meeting, news was made even though the interest rate structure (a zero percent refinancing rate of zero percent since September 2 the quantitative stimulus. A change in expressed guidance over what to expect from the bank’s policy in the future, officials now say that interest rates will […]

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Central Bank of Russia Hikes Interest Rate Further

The Central Bank of Russia’s policy interest rates was raised today for a full percentage point to 6.5%, which more than reversed last year’s entire easing from 6.25% to 4.25%. Along with increases of 25 basis points in March, 50 bps in April, 75 bps in May and 50 bps in June, the Russian central […]

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Bitcoin is back above $36000, but big investors are wary - Mark Cuban says crypto is 'exactly' like the dot-com bubble of the 1990s - Business Insider

Bitcoin is back above $36000, but big investors are wary - Mark Cuban says crypto is 'exactly' like the dot-com bubble of the 1990s  Business Insider

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Facebook-backed digital currency Diem is planning to trial this year, report says - Markets Insider

Facebook-backed digital currency Diem is planning to trial this year, report says  Markets Insider

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US regulator charges Ripple over its XRP asset, saying it's a $1.3 billion unregistered offering, not a cryptocurrency - Business Insider

US regulator charges Ripple over its XRP asset, saying it's a $1.3 billion unregistered offering, not a cryptocurrency  Business Insider

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Some Central Bank Developments and a Displeasing U.S. Labor Market Development

New U.S. jobless insurance claims last week totaled 419K, 51k greater than in the prior week, roughly 70k above street expectations, and the most in nine weeks. The news dampened the stock market euphoria of recent sessions. The dollar is little changed from its closing Wednesday levels, with dips of 0.1% against the euro, yen […]

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GBP/EUR Exchange Rate Forecast: Pound Euro Exchange Rate Volatile as UK GDP Growth Slows

The Pound Euro (GBP/EUR) exchange rate has been trading in a volatile range since markets opened this morning as GDP figures from the UK have shown economic growth softened during May. At the time of writing the GBP/EUR pairing are trending around the 1.1638 level as Euro investors await a speech from European Central Bank (ECB) President...

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The co-manager of an $800 million ETF says bitcoin will hit $250000 within the next 3 years - Business Insider

The co-manager of an $800 million ETF says bitcoin will hit $250000 within the next 3 years  Business Insider

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Next Week’s Menu: July 17 – 23, 2021

Central Banks: Monetary policies will be reviewed by the European Central Bank and central banks in Indonesia, Russia, South Africa, China, and Ukraine. Prior meeting minutes will be published by the Reserve Bank of Australia and Bank of Japan. Bank of England MPC member Haskel will be speaking publicly. Event and Holidays: EU finance ministers […]

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Pound Canadian Dollar Exchange Rate Steady as Canadian Retail Sales Fall in April

GBP/CAD Exchange Rate Rangebound, Could Rising Oil Prices Boost the ‘Loonie’? The Pound Canadian Dollar exchange rate held steady today following the publication of Canada’s retail sales for April, which fell by a worse-than-expected -5.7%. The Canadian Dollar (CAD) failed to rise against the Pound despite a...

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GBP/AUD Forecast: Pound Australian Dollar Exchange Rate Firms after Lack of Data Limits Sterling Gains

The Pound to Australian Dollar (GBP/AUD) exchange rate has firmed this morning after a lack of notable data from the UK limits Sterling gains. At the time of writing the GBP/AUD pairing are trading around the AU$1.8455 level as the global market mood continues to drive the ‘Aussie.’ Pound (GBP) Mixed on UK Lockdown Easing...

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Kraken crypto exchange CEO says a global regulatory crackdown could happen as adoption of digital coins grows - Business Insider

Kraken crypto exchange CEO says a global regulatory crackdown could happen as adoption of digital coins grows  Business Insider

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Dollar Now and Where It Might Be Heading

By historical standards, the dollar’s trading ranges over the last twelve months have been atypically confined. Similar 52-week high-low spreads against the euro, yen, and Swiss franc respectively have been 8.5%, 8.8%, and 8.2%. Not surprisingly given those widths, the dollar has moved within an 8.1% band against the DXY weighted index. Presently the dollar […]

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Pound Canadian Dollar (GBP/CAD) Exchange Rate Dips on Modest Uptick in Oil Prices

GBP/CAD Exchange Rate Falls as Oil Prices are Expected to Rise The Pound Canadian Dollar (GBP/CAD) exchange rate dipped today despite the commodity-linked ‘Loonie’ benefiting from a modest uptick in oil prices. The pairing is currently fluctuating around CA$1.71. This week saw crude oil prices hit $74, but this...

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CAD to HKD Exchange Rate Today - Canadian Dollar/Hong Kong Dollar - Currency Live

CAD to HKD Exchange Rate Today - Canadian Dollar/Hong Kong Dollar  Currency Live

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Much Data in Spite of U.S. Holiday

Monday’s menu of economic data releases includes over 30 purchasing manager surveys, French industrial production, British and German new car sales, Turkey’s CPI and PPI, Australian and Singaporean retail sales, and consumer confidence in Spain, Mexico and the Philippines. Fissures have developed in OPEC unity over production quotas. Observances continue of America’s 245th birthday. Today […]

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Pound Canadian Dollar Exchange Rate Steady Ahead of Downing Street’s Update on Lifting Lockdown Measures

GBP/CAD Exchange Rate Rangebound, UK PM is Expected to Affirm Easing of Lockdown Restrictions This Month The Pound Canadian Dollar (GBP/CAD) exchange rate held steady ahead of Prime Minister Boris Johnson’s announcement later today. But could the PM’s conformation of lifting lockdown restrictions on July 19 boost...

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Pound Euro (GBP/EUR) Exchange Rate Rangebound as UK Factory Activity Soars

GBP/EUR Exchange Rate Steady as England ‘on track’ to Lifting Lockdown Restrictions in July The Pound Euro exchange rate held steady today following the release of the latest UK manufacturing activity gauge for the free months leading to June. Data revealed that factories recorded their fastest growth since at least...

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Bitcoin surges back above $40000 as bulls ignore Christine Lagarde's crypto warnings - Business Insider

Bitcoin surges back above $40000 as bulls ignore Christine Lagarde's crypto warnings  Business Insider

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Dogecoin, a digital token that started as a joke, spikes 140% after traders in a crypto-themed Reddit forum trigger Wall Street Bets copycat rally - Business Insider

Dogecoin, a digital token that started as a joke, spikes 140% after traders in a crypto-themed Reddit forum trigger Wall Street Bets copycat rally  Business Insider

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Pound Australian Dollar (GBP/AUD) Exchange Rate Rises as UK Consumer Borrowing Soars as Economy Reopens

GBP/AUD Exchange Rate Edges Higher on Strong UK Consumer Borrowing and Rising House Prices The Pound Australian Dollar (GBP/AUD) exchange rate rose by 0.3% today as UK consumers borrow again as the nation’s economy reopens. The pairing is currently fluctuating around AU$1.83. Sterling rose today following a new...

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Dollar Strengthened against Other Currencies and Gold

The driving force behind today’s rise in the dollar has been Covid worries. Against this dominant concern, signs of improving economic confidence and evidence that inflation may be cresting have exerted little influence on financial market trading. From a global standpoint, over a third of a million new coronavirus infections were identified in the past […]

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Billionaire Elon Musk thinks crypto exchange Coinbase should begin to trade dogecoin - Markets Insider

Billionaire Elon Musk thinks crypto exchange Coinbase should begin to trade dogecoin  Markets Insider

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Next Week’s Menu: July 3 – 9, 2021

Central Banks: Monetary policies will be reviewed in Australia, Malaysia, Romania, Israel, Peru, Poland, and Sri Lanka. Minutes of the last Governing Council meeting of the European Central Bank will be published. Holiday: U.S. markets are closed Monday in observance of Independence Day. Sundry Purchasing Manager Surveys: Manufacturing, private sector, or non-oil PMIs to be […]

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Currency Converter Apps Market May See a Big Move | Major Giants JRustonApps, XE, DigitAlchemy - openPR

Currency Converter Apps Market May See a Big Move | Major Giants JRustonApps, XE, DigitAlchemy  openPR

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A record $3.7 billion in Bitcoin options are set to expire on January 29 as interest in cryptocurrencies surges - Business Insider

A record $3.7 billion in Bitcoin options are set to expire on January 29 as interest in cryptocurrencies surges  Business Insider

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Turkish lira soars by the most in over two years after surprise sacking of central bank governor at the weekend - Business Insider

Turkish lira soars by the most in over two years after surprise sacking of central bank governor at the weekend  Business Insider

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