Archive | Forex

money in fishing net

You need to stop using your bank for international money transfers, right now

If you regularly send money overseas, you probably use your bank to make the transfer. But unfortunately, banks aren’t the best solution. Independent foreign exchange providers can provide lower fees, better rates and faster service. Here are a few reasons why you should stop using your bank for international money transfers. First off, make your […]

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Banking could be a thing of the past

Technology is moving at warp-speed and many businesses are having to play catch-up. One of the most affected industries has been the financial services and banking sector. We look at a few ways banking has changed – for the better. Say goodbye to queues Remember the days of spending your lunch break in bank queues? […]

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Meet the Forexes

You’ve spoken to them on the phone, exchanged countless emails and trusted them to give you the best exchange deal on your hard-earned money. Now it’s time to get to know some of the people who work on 1st Contact’s forex team. Tatym Gradwell: Client Relations Consultant What might someone be surprised to know about […]

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How forex brokers beat the banks

Traditional banks are often thought of as the only option for transferring money overseas. But independent foreign exchange providers can often provide better rates, lower fees and faster service. The familiarity of dealing with a bank may provide a sense of security, but it doesn’t necessarily mean that it’s the best choice for international money […]

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Best value holiday destinations for your Pounds

If you’ve been bitten by the travel bug and are looking to book your next getaway, it’s always best to start planning sooner rather than later. If you’re travelling from the UK, you’ll be happy to know that the strong Pound means that many destinations are getting cheaper to visit. If you’re keen to get […]

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1st Contact Forex

Is this the end of the AUD rally?

Over the past four months the strengthening of the Australian Dollar against major global currencies has exceeded the expectations of most analysts. During mid-April the AUD hit 22 month highs against both the GBP and USD. However, recent inflation data released by the Australian Bureau of Statistics (ABS) has forced many to question whether the bull-run […]

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Pricey Pints: The cost of a beer around the world

Amidst all the recent currency fluctuations and market doomsday predictions our team at 1st Contact Forex have put together an infographic showing you exactly how much bang, or more accurately, beer, you can get for your buck. It’s good to know that during stints of forex volatility and economic turmoil, you can always rely on […]

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