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Daily Currency Foreign Exchange News from Bank Exchange Rate

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Bank Exchange Rates news editors write daily currency exchange news that may affect the way you buy and sell currency, get our news update to ensure you know what affects the current market.

Providing Daily Currency News Updates.

are we seeing the possibility of a nuclear exchange

Three things worked in the dollar's favour, helping it to strengthen by a cent against the euro and by a cent and a half against sterling. The first two were employment-related US statistics. Friday's figure for the monthly change in nonfarm payrolls showed 29k more people in work than analysts had predicted and Tuesday's "JOLTS" barometer of job openings showed a jump in the number of vacancies. Although neither statistic was massive, they were good enough to encourage investors to reduce their short positions. The third factor was the escalating war of inflammatory words…

EUR and USD weekly currency update

Weekly Currency Exchange Round Up EUR weekly currency update For a second week the British pound shared the tail-end slot with the US dollar. Having lost an average of -0.9% the previous week they are down by -1.4% over the last seven days, sterling with a loss of two euro cents. Its problems…

Why did the Euro rise and US dollar fall?

Euro proliferate while the USD receives a massive Blow According to the European Central Bank, the US dollar is suffering a massive decrease while the Euro steadily increases. The Euro sky-rocketed to a nine-day increase above the US dollar. President of the European Central Bank, Mario Draghi…

China forced labour causing the US Dollar to slide

How listing of China among worst human trafficking offenders will affect US dollar The United States of America (USA) has revealed its intentions of listing the People’s Republic of China among the worst offenders when it comes to human trafficking as well as forced labor. The move is likely to a…

How old is the Euro? Euro was virtually born in 1999

How old is the Euro The Euro is an international currency used by the institutions of the European Union, the same way it is the official currency of 19 out of 28 states of the Union. History The Euro was virtually born in 1999, being a goal of the European Union since the 1960’s, and began to c…

Postponing the health-care bill sinks the price of the Dollar

Dollar sinks So why is the US Dollar at such low price? If you are an expert or just a regular man that has an interest in the currency than this article may be what are you looking for. We will discuss what is happening with the dollar and how does it sinking from day to day. You probably heard…

sending large sum of money to be transferred online

How can a large sum of money be transferred online Big businesses and organisations often need to transfer a lot of money offshore. This could be needed to buy property. A large sum could also be required to make a large purchase. This purchase could be of any kind. But whenever you would need to…

Egypt's economy is starting to see signs of recovery

Egypt's economy starts to recover Has Egypt's economy finally started to recover after the fall of President Mubarak where the new lift in currency transfer limits announced on Wednesday 14th June will be the test. Early this year Egypt faced a major dilemma over its currency policy. The…

Banks charging what they like on money transfers

High street banks charges for overseas money transfers In an article appearing in the Guardian, when in January this 2017 senior Santander executives assembled in the principality of Andorra, the group's “innovation director” warned that a big part of its profits were facing risks. This was due to the…

How Brexit has affected the pound

How is the Brexit affects the pound 12 months on and it is interesting to see just how much Brexit has affected the pound so far. The pound is down against a basket of currencies, notably it is down 15% against the US, Australian and New Zealand dollars and 13% against the Euro. The pound had a…

2017 Elections are constantly changing

2017 Elections are constantly changing In the Eurozone, the euro was on average flat against the other dozen most actively-traded currencies for a second week. It was unchanged against the US and Canadian dollars, the Japanese yen and the British pound. The ranges were moderate too: a cent and a…

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