nyc landscape

Trump beats Clinton – how did it impact currency markets?

Donald Trump has won the vote to become the 45th President of the USA. Initial reaction saw Dollar weaken and investment move to safe havens Yen, Euro and Gold. Trump briefly spoke of his plans to boost the US economy through infrastructure spending during his victory speech, which had a slightly more level-headed tone than speeches we have seen in the past. After Trump’s speech, we saw the dollar strengthen slightly. The FTSE 100 fell by 2% in early trading, whilst Sterling’s value against the Dollar and Euro has now returned to yesterday’s values. The volatility in currency markets that […]

the white house us

How does the US Presidential election affect you?

On Tuesday November 8th, the American people go to the polls to vote for their next President. Clinton and Trump have been trading blows since the first primaries back in February and we’ll soon know which one of them will become the 45th President of the United States. Whether you’ve been following the run-up to the election closely or not, you need to be aware that a large political event such as this can have a huge impact on the economy and currency markets. Like Britain’s vote to leave the EU, there could be some uncertainty in currency markets leading […]

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Don’t let hidden fees scare you this Halloween

The ghosts and ghouls will soon be out for Halloween but that’s no reason to get a fright from hidden fees when spending or sending money abroad. When you’re deciding what card to take away on your next break, or looking at which payment service to use for moving money overseas, always consider your options carefully. If it looks good from the outside, check for hidden fees and scary exchange rates before you use them. Here’s our tips to avoiding nasty tricks at Halloween and the rest of the year.   Compare like-for-like rates The foreign currency market is very […]

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Get more for your money with an exotic wedding destination

Are you looking for the perfect place to say “I do”? If you are, you’re no doubt trying to figure out exactly how you are going to pay for your dream wedding. And then somehow pay for an amazingly romantic honeymoon too. With UK weddings costing an average of £20,500, more than a deposit on a house, this is a dilemma that faces many engaged couples. There is a way to save a tonne of money on your wedding day, whilst still making sure that it’s a special celebration that you’ll never forget. Choose an exotic wedding destination for your […]

coloured houses abroad

Are more people moving abroad Post-Brexit vote?

Guest Post: Irvine Moving Solutions is a professional home and office removals company.   The Brexit vote hit the pound hard and put UK businesses in unchartered territory. The decision created much uncertainty for individuals living in the UK too, with newspapers reporting that Remain voters created a surge in citizenship applications in other EU countries. But have we seen people following through on these initial reactions? Summer 2016 certainly was a busy one for everyone at Irvine Moving Solutions! Since the announcement of Brexit in June, our moving team have consistently been on the road week on week.   […]

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7 tips for sticking to your study abroad budget

Guest post: Top tips for sticking to your study abroad budget from Unibaggage.com, the student shipping experts.   We all know studying abroad can be expensive. That being said, it’s one investment that you’re pretty much guaranteed to never regret. Not only will it give you a world of experience (literally), but it could look really attractive on your resume to any future employers. Where money is concerned, it’s a lot more than just gathering enough dough for your plane ticket, tuition fees and accommodation fees. You need to factor in the cost of living, and everything that comes along with […]

study abroad students

How to manage your currency when studying abroad

If you’re heading abroad to study, you’ll need to budget and manage your money well. You actually need to do an even better job than you do at home. After all, you don’t want to be stuck in another country without any money. What’s the best way to manage your money when you’re abroad for a few months or years though? Bearing in mind that you’ll have a couple of larger tuition and accommodation bills to pay, along with your day to day spending. Well here’s our guide to some of the best (and worst) ways to manage your currency […]

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The FairFX guide to paying study abroad fees

If you or a loved one are studying abroad next semester you’ll have a few fees to pay in the coming months, the majority of which will need to be paid overseas. Whether those fees are for tuition, accommodation or just living costs, you need to think carefully about how you’ll be making these international payments. If you default to your bank you’re likely to get stung by unfavourable exchange rates and hidden fees. And don’t assume you’ll get the best deal through your university’s recommended provider. Many universities will partner with providers for their own simplicity, rather than prioritise […]

dcc card payment

Don’t let DCC dupe you into higher holiday costs

We all like to get the best holiday we can with the travel money that we have at our disposal. You save up for the dream vacation, probably shop around for a good deal on flights and hopefully are signed up for our Rate Alerts to buy currency when the rate is in your favour. But did you know that you could unwittingly be duped out of your hard earned travel money when using your payment card abroad? When you use cards overseas to withdraw cash or pay in shops and restaurants, you’ll often be given the option to pay in […]

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Buying a property overseas? Watch out for these pitfalls

The key thing to remember when buying a property abroad is not to leave your money transfer until the last minute, as you could get stung. Allow yourself enough time to shop around and get the best deal. Many people make the mistake of going straight to their bank without considering other options but this is often the most expensive way to transfer money. Making payments abroad? Ensure you avoid these pitfalls: Transferring money overseas to buy a property doesn’t have to be a complicated process. Follow these steps to avoid any last minute problems when securing your dream home […]

pile of pound coins

Britain decides to Leave

What does this mean for your holiday money? As predicted, a vote to Leave has hit the Pound hard, especially against the Dollar. Sterling has dropped less against the Euro because the Leave vote has negative implications for Europe as well as the UK. A Leave vote is also likely to mean continued volatility for Pound in the coming days, weeks and months as the way forward for the UK is unclear. The financial markets don’t like uncertainty and as a consequence of the vote, Sterling has become a less predictable currency. Against this backdrop our rates will also move […]