Industry news and views from Panacea and our partners.
FairFX
US jobs numbers cannot push USD higher.... yet
Say what you want about the Bank of England, and that’s what I’m paid to do, but they are hammering home the message in the press that borrowing costs may increase sooner rather than later.
USD swoons as stimulus bets increase
Sterling was the best performer globally yesterday with the market taking two comments from the EU negotiators positively.
Equals: Choices for Joe: US election update
Hi there and welcome to our new weekly rundown of all things to do with the upcoming US presidential election between President Trump and former Vice President, Joe Biden.
Panacea preferential rates on foreign payments with FAIRFX
FairFX offers a bespoke currency management service to help individuals and businesses maximise their overseas currency exposure. FairFX have helped over a million customers manage their currency requirements. Making same day payments with zero handling fee’s saving on average around 4% compared to high street banks on our clients currency exchange rate.
FairFX: Brexit: what does it mean for your pounds?
Not another article about Brexit! Everyone’s had enough. But if you’re planning a getaway in the coming weeks or months, and will be needing foreign currency, then this one might just help you save some money.
Pound spikes as conservatives win general election
This morning we learned that Boris Johnson will remain as the UK Prime Minister after the Conservatives won with a 72 seat majority (having won 361 seats with 648 of 650 seats declared) which saw the pound react positively as the results of the vote were announced.
FairFX: Brexit: your currency questions answered
Confused by Brexit? Unsure what it means for your holiday money? There have been so many queries about Brexit ahead the UK’s scheduled departure from the EU on 31st October that FairFX has set up a dedicated Brexit Support Desk.
City Forex: Managing foreign exchange risk during periods of high volatility
Over the past year, currency values have fluctuated wildly against each other. It will not have escaped many people’s attention that following the UK’s vote to leave the EU, the pound has weakened by around 15% across the board. For any business involved in international trade, this kind of volatility can have a significant impact on profitability if not effectively managed.