The global forex industry trades over $4 trillion in average daily trading volume, making it the biggest financial market on the planet. How do you make the most of it?
A strategy focused on international expansion can drive significant benefits. Whether you are opening new offices, targeting an overseas customer base or acquiring companies overseas, there?s huge potential to scale your business and win market share.
While forex trading can offer an efficient way of building real wealth, it comes with risks. A few mistakes can end up costing you real money, not just time and effort.
Asian foreign exchange markets are expressing all the hallmarks of a currency war as tit-for-tat central bank action to weaken respective currencies has increased, according to economist Jeremy Cook.
Fourex is on a mission to provide what the company founder calls “currency exchange on steroids”. The tagline certainly is a memorable one and it worked wonders in 2015 as the company secured the praise, and capital, of Richard Branson – as well as a place in our Everline Future 50 2016.
World First research has suggested that British SMEs are being hindered by poor service and unclear fees when it comes to using banks for international currency transfers.
The recent furore around not only the free-fall of the Asian stock markets but also the continued drop in oil prices has prompted concerns about another global recession. Alongside changes in the structure of the UK Foreign Exchange market, bosses need to revise their recruitment strategies.
Small and medium-sized businesses are the lifeblood of our increasingly interconnected global economy. Yet, British SMEs trading internationally are at ever increasing risk of being plunged into confusion over currency volatility.
British SMEs say the volatility of global currencies has become the main hurdle in ramping up international trade.
An increasing amount of money is being spent by British holidaymakers abroad, according to a study that found £35.5bn was spent overseas in 2014.
Six of the world's largest banks have been fined £3.6bn for manipulating the foreign exchange market – with several records broken in the process. Analysts have started taking a second look at regulations, the trading floor and the culture within banks in general.
Peer-to-peer currency exchange marketplace CurrencyFair has announced a €10m funding round, led by venture capital investors Octopus Investments.