OzForex has launched a new website after heightened market volatility has lead to double the number of people using their site in the past 12 months.
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Travelex Global Business Payments has announced foreign exchange trading lines will double, giving export-oriented SMEs a boost.
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Peter Mace shares his thoughts on staying strong in a changing market.
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Anthony Gray of Travelex says the Aussie is no longer being driven by the usual fundamentals which affect currency movements, so businesses need to watch out for corrections.
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The high Australian dollar is exposing even large enterprises to damaging market competition, says Ian Murray, Executive Director of the AIEx. Where’s the export rescue package?
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Anthony Moss of Incite Management says the strong dollar is a great opportunity for exporters to think strategically.
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RBA maintains interest rates at 4.75 percent. Travelex’s Anthony Gray says the Governor’s statement revealed no sign of an imminent rate rise.
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Currency Market Update from Travelex: As the Consumer Price Index revealed inflation is on the rise in Australia, the AUD is pushing towards $1.10 in value. With the US Reserve Bank announcing no intention of tightening fiscal policy, there is unlikely to be a decline in the value of the Aussie against the Greenback.
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Anthony Gray of Travelex gives an update of where the currency market is at following the recent RBA board meeting.
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The Australian Institute of Export and Travelex are hosting a yum cha lunch and discussion in Sydney’s Chinatown on Thursday 17 March. With the overall theme of effectively managing foreign exchange for businesses of all sizes and industry sectors, topics will include hedging, forward rates, interest rate differentials and spot rates. Attendees will also have [...]
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