Global Fundi Finance

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 [...]

When the Greek Prime Minister George Papandreou pledged to put the Eu’s latest bailout package to a referendum it seems like world markets tumbled amid speculation that this could be a ploy to abdicate responsibility for Greece’s issues and maybe even to force the first country to be kicked out of the EU – a very [...]

Businesses This week in Johannesburg a decision has been made by the National Treasury to reduce the controls of foreign exchange – South African companies can finally increase the amount of capital kept in offshore accounts and can welcome the idea of investing in areas that are not directly in their business arena. In a [...]

According to CNBC the US stock index futures are suggesting a lower opening on Wall Street – a suggestion which may prove to be irrelevant when compared to recent action (Schacknow, 2011). Recent action showed that the markets which appeared to be heading directly toward a dip on Tuesday actually finished the days stocks on [...]

Asking a simple question – how to send money to Dubai? Looking for options, best qu0tes, info? The options are BANKS, WIRE TRANSFER, CASH! Today’s adventure holds an exploration of these options! BANKS High transfer costs Time delay on money transferred – the banks holds your money for a certain duration of time (duration depends [...]

What is Forex trading? Do you know what this abbreviated term stands for? Is this a popular way of going about using the Internet for your money needs!!! Are these questions that have been popping into your mind lately? Well stay tuned for some info that may help!! Forex trading stands for foreign exchange trading. Foreign exchange [...]