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GlobalFundi provides financial solutions to clients internationally. Providing a dedicated forex service which allows for expert advice, continual commitment as well as dynamic and innovative solutions for your online money and foreign exchange needs. Excellent exchange rates   No transfer fees Own personal dealer Online trading facility plus full management and online control of your moneyConvert your currency, check out the current exchange rates – ask for a quote for your funds today

 

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Latest Forex Articles

Greece is the word! is the word, is the word!

May 17, 2012 • Posted by: admin

The Pound remained largely unchanged against the Euro yesterday, hovering around the 1.25 level for the majority of the day. The UK currency declined significantly versus the U.S Dollar, falling below 1.59, as risk sentiment weakened in line with escalating concerns surrounding Greece and the Euro-zone debt crisis as a whole. So is this the [...]

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SAR drop kick from the British Pound

April 3, 2012 • Posted by: admin

So time to get more bang for your buck, or to be more precise a great time to transfer money from UK to South Africa. The Pound moved upwards against the South African Rand last week, taking the GBP ZAR exchange rate all the way up to 12.3714, its highest level since January. However, this [...]

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Risk appetite grows and South African rand is firmer.

April 2, 2012 • Posted by: admin

The rand was trading at 7.665 per dollar as of 1534 GMT, over half a percent stronger than Thursday’s close of 7.715.  So send money from Uk to South Africa becomes a distinct win situation.  The SA Reserve bank left the repo rate unchanged at 5.5 percent on Thursday, as expected, but more importantly it said [...]

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Best foot Forward for SA Rand

March 22, 2012 • Posted by: admin

The Rand began last week’s session in the currency markets on the front foot, following strong US employment data at the end of the week before, which increased institutional investors’ appetite for riskier asset classes. This saw the GBP ZAR exchange rate drop to its lowest level for six months, to touch 11.7624 on Tuesday. [...]

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Currency Markets News

Battered rupee highlights India woes

New Delhi appears unable to rectify the underlying economic vulnerabilities that have helped send the currency to new lows

Euro lower as investors remain wary

Single currency dips against dollar as markets await developments in Greece, while sterling weakens further after the BoE hints at further easing

Global equities extend losing streak

Growth assets shunned as investors fret about the future of the eurozone and the global economy, sending yields on German Bunds to record lows

A permanent precedent

If Greece goes:An exit is likely to shatter faith in the eurozone’s integrity for ever, leaving the bloc with a choice between stronger union or disintegration. By Martin Wolf