Latest News Articles
If you are changing a large amount of travel money, finding the best time to transfer your funds can result in a handy saving. Our news articles keep you up to date with the latest exchange rates and forecasts helping you make an informed decision when transferring your money.
Once you have decided that it is time to exchange your travel money visit TorFX travel money for an excellent exchange rate.
US Dollar (USD) heads for weekly gain; New Zealand Dollar (NZD) disappoints
Following the Riksbank cutting its main interest to 0.25% yesterday, the British Pound has continued to climb against the Swedish Krona, reaching a daily high of 11.77.
Australia Dollar falls victim to jawboning; Krona suffers against Sterling
The Pound benefitted from the Reserve Bank of Australia’s jawboning of the ‘Aussie’ today, after the Bank described the Australian Dollar as ‘overvalued, and not just by a few cents’.
AUD Bullish against Major Peers, GBP Softening
In benefitting from on-target rate decisions by the Reserve Bank of Australia, the ‘Aussie’ ended June at close to a month-high and has entered July at a comfortable 0.94 against the US Dollar following last week’s disappointing US economic growth report.
Euro weaker after European Central Bank’s monetary policy
The Pound has climbed following Wednesday’s positive employment statistics. Sterling reached its best exchange rate since November 2012 against the Euro, pushing above 1.24, with an encouraging market movement of +0.29%.