Mindful Money

Since the turn of the year, the US Dollar (USD) has generally softened after having enjoyed a sustained bullish run in the fourth-quarter of 2014. This is mostly the result of futures traders and rate hawks continually paring bets as to the timing of a Federal Reserve benchmark rate hike. Having expected the Fed to […]

5 May 2015 by LauraParsons

Expert Opinion

The Pound Sterling is set to experience significant movement over the coming days as the May 7 general election draws closer. The outcome of the vote is far from certain, and the result is expected to be the tightest since the 1970’s, as neither the Labour nor Conservative parties are expected to form a majority […]

2 May 2015 by LauraParsons

News

The foreign currency exchange services supplied by TorFX can benefit wealth managers and independent financial advisors in a number of ways. The currency market is notoriously volatile and a sudden shift in an exchange rate’s value could cost a business or individual a fortune. A perfect example of this was the shock decision by the […]

26 February 2015 by LauraParsons

News

The Canadian Dollar (CAD) has been on a wild ride in the past six months as a result of plummeting oil prices and Bank of Canada (BOC) action. Canada’s largest export is crude oil; therefore, any fluctuations in black gold directly affect the ‘Loonie’ (as the Canadian Dollar is otherwise known) exchange rate. Oil has […]

25 February 2015 by LauraParsons

News

On February 3rd, the Reserve Bank of Australia (RBA) cut its benchmark interest rate by 25 basis points. This was in response to tanking oil prices and the global inflationary downtrend this sparked. The news was somewhat surprising because RBA policymakers had been promoting a period of interest rate stability for a considerable time. After […]

20 February 2015 by LauraParsons

News