The AUD built on the gains made against the Pound from previous weeks. Traders needing to buy GBP on 14 April would have done so at a year high rate of 0.541. This represents a gain of close to 20% from the year low in early September.

Importers breathed a sigh of relief this week as the AUD continued to strengthen against all major currencies. Trading last week saw the AUD reach a six month high against the USD as the Aussie Dollar broke through the 0.750 mark.

Young South Africans looking to buy property should consider investing in the UK. Not only is it a great way to earn solid returns in Pounds, but it also helps protect you from Rand depreciation. Our sister company, Sable, can help you start investing in the UK property market.

With 1st Contact Forex, you can transfer your money all over the globe for far less than if you used a traditional bank. We've decided to explain exactly why we beat banks, every time.

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.

The Rand devalued severely last week, dropping to a new four-year low amid concerns about the health of the South African economy.

With so many South Africans abroad, transferring money back to South Africa is a common practice. International money transfer companies have carved a nice niche in this arena, offering exchange rates that, in many cases, beat the banks. So why is it that most South Africans still use banks as their first point of call when transferring money home?

Contrary to popular belief, high-street banks are not the cheapest way to transfer money to another country. Here are four reasons why you should avoid using a traditional bank for your international forex transfer.

We've put together a short glossary of terms to dissect the jargon that surrounds international money transfers. If, by the end of this article, you can tell the difference between exchange, interbank and locked-in rates, you’re well on your way to saving heaps of money.

Most people choose a brick and mortar bank when they need to send money from the UK in a hurry. Unfortunately, this costs them time and money. We'll show you how a good forex agent will beat the bank - every time.