The Role That Currency Plays Within Personal Finance
Living abroad is an adventure filled with new experiences, cultures, and opportunities. But when it comes to managing your money, things can get a bit complicated. Currency isn’t just the cash in your wallet—it’s the lifeblood of an expat, influencing everything from daily spending to retirement planning. It presents some frictions and complexity, but it’s...
November 2024 Update On Foreign Exchange Markets
RegencyFX give their monthly update on developments in the foreign exchange markets. In November Trump’s election has impacted the foreign exchange markets and the Pound saw a rollercoaster month. The foreign currency market in November 2024 was marked by several key events: British Pound (GBP) The GBP experienced a rollercoaster of fluctuations throughout the month,...
How Fluctuating Exchange Rates Can Affect The Price Of An Overseas Property
The foreign currency market is the largest and most traded financial market in the world, with more than $6 trillion traded each day, and over 80% of the foreign currency trading is for speculation purposes. The main drivers that influence exchange rate movements are economic and geo-political events, and technical trading by investment banks. These...
What Is The True Potential Of Foreign Currency Exchanges?
Foreign currencies form an intricate thread in the global economic tapestry, acting as economic threads. But their true potential has yet to be fully unlocked, despite recent technological advancements and shifting geopolitical landscapes. In this article, we delve into the multifaceted intricacies of the foreign exchange market to illuminate how professional traders can find success...
Top Tips For Managing Currency Risks When Retiring Abroad
Retiring to a life overseas, comes with many important considerations, not least of all how to manage the exchange and international transfer of your money, be it accumulated savings or ongoing income. Written exclusively for Expat Network by Tom Arnold of Currency Index There are various options open to you in terms of the...
Don’t Get Stung On Foreign Property Deposits
As lockdowns and disruptions from the Covid-19 pandemic continue, there’s no doubt it has changed the way we live and work. One impact is that jobs which were previously thought to be only office-based are now effectively done remotely, and whether you call it flex or hybrid working, working from home looks here to...
5 Tips For Managing Your Currency Exposure As An Expat…
Managing exchange rate risk and transferring funds internationally are a part of life for expats and making sure that you do this effectively can make a significant difference to the cost of covering regular expenses and major purchases. Currency Index, the expert currency consultants, set out their top tips for managing your exchange rate exposure...
How To Save Money On Currency Exchange
International payments expose you to exchange rates and getting the best rate can save you money. Specialists Currency Fair explain the impact of exchange rates and how much you can save. Written exclusively for Expat Network by Currency Fair Nobody likes getting short-changed, especially when the sums involved are significant. Before making your international...
What Are The Best Options For Moving Money Abroad?
Today there are many options for moving money abroad and making the most appropriate choice depends on how much you are moving and whether you will be sending regular amounts. Short Term Travel Credit cards or holiday cash can cover short term holiday requirements, but if you are planning to buy a house or cover...
Currency advice for expats
Overseas money transfers – if you know your way around you can save a lot of money, as well as hassle! Moving abroad is difficult and expensive as it is. As exciting as it may be, it’s also tasking, highly energy consuming, and wallet draining. Transferring money overseas is nothing short of a necessity when...
Sending Money Abroad
At a loss over losing money when you need to send cash back home? It’s a common problem for expats who are getting stung by excessive fees and hidden charges from banks. With CurrencyFair, an online marketplace, secure transactions are made faster and far cheaper. Sending Money Abroad – this article was written exclusively for Expat...
Currency Changes And The Price Of Property
In global prime property markets even small percentage changes in currency can have significant monetary implications. Currency, ownership costs and taxation are becoming increasingly important considerations for investors, especially as the rate of price appreciation slows in some global city markets. New research by property consultancy Knight Frank suggest that individuals need to be conscious...