currency

Weaker US data and ongoing expectations of tighter UK monetary policy have helped boost gold and sterling respectively as the dollar loses ground.

The incoming governor of the Bank of England (BoE) may introduce more quantitative easing and attempt to devalue the pound, the world's biggest bond fund manager predicted yesterday.

Jersey-based wealth managers, Ashburton, is flagging up the very real possibility that the current talk of currency wars means markets are moving to a world in which G10 exchange rates could be operated, once again, on a managed basis.

The Daniel Stewart Mercury Forex Currency Fund is set to start trading in April 2013. Aimed at expert and institutional investors, the Gibraltar-based fund has been launched in conjunction with Swiss firm, Mercury Forex.

UBS has been granted a licence from FTSE Group to use its recently launched currency product, FTSE WPU (World Parity Unit).

Global remittance specialists Xendpay has launched it's global online money transfer platform, Xendpay.fr, in France.

In the latest Interactive Financial Adviser debate, our panelists from Legg Mason subsidiary Brandywine Global and Newscape Capital Group discussed Currencies.

Almost a quarter of all foreign exchange transactions in 2011 (24.99%) were sent to Spain. However, while France took the third spot with 14.83% of all transactions followed by the US in fourth place at 9.01%, one of the most surprising results was the...

Hungary has asked the International Monetary Fund (IMF) and the European Union (EU) for financial aid as its debt pile grows and its currency weakens.

Managed by Helen Lam, the Luxembourg-based fund offers investors a direct, cost-effective and low risk way to benefit from the strenghening of the Chinese Renminbi (RMB) versus the US dollar.