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Global Economies

FX rates are down?

By Josh Brown, Financial Writer Foreign exchange rates, like all cyclical things in life go up and down As a general rule, a currency’s valuation generally trends in line with the fortunes of the respective country but there are many other influences, the health of the global financial markets, the monetary policies of foreign central
melbourne-vs-wellington

Global Economies

Wellington Vs Melbourne: Which City is Better?

Josh Brown, Financial Writer Wellington and Melbourne are often considered to be sister cities. They both have a similar vibe and both cities definitively beat Sydney. Melbourne’s population has skyrocketed due to internal and external migration and is due to overtake Sydney in size this decade. This rapid increase in population seems to be taking
forex-forecast-2019

Global Economies

The foreign exchange market in 2018, a forecast for 2019 and a message from the CEO

In 2018, the Australian dollar has seemed to find some stability in October with it stabilising around 0.705 and then clawing its way back up since then to its current level at 0.72. The ‘aussie’ has been whacked by an appreciating US dollar, a Chinese economic slowdown and economic worries that there’s a bubble in
predictive_power_of_the_kiwi_trading

Global Economies

The Predictive Power of the Kiwi

Question: What do currencies say about an economy? Well that’s a trick question because the answer is everything and nothing at all See, in today’s trading markets a currency means nothing unless it’s compared against another national currency (or perhaps the price of gold). When you compare a currency against another currency, not only can

Banking

Recent Greenback Weakness is the Eye of The Storm

If you’ve found yourself accidentally turning to the business section of the newspaper in the last few years, you may have noticed plenty of economists, market analysts, and other people who sound like they’d be no fun at a backyard barbecue talking about something called Quantitative Easing. That’s usually a good time to turn over

Global Economies

Construction in New Zealand

If you’re looking for a booming industry with tonnes of jobs, look no further than construction. We’re going to take you through some ins and outs of construction in New Zealand! But First: Some Statistics Statistics New Zealand has released some solid regional statistics on building in New Zealand. In the March 2017 quarter, the

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Immigration
Pros and Cons of Retiring to the Philippines

If you’re considering retiring to the beautiful, tropical Philippines, there are a few things you need to be prepared for in advance – it’s an incredible country, but there are a few downsides. In this article we’ll weigh up the pros and cons of retiring in the Philippines. About the Philippines The Philippines is an

Banking
The SWIFT Money Transfer System Explained: What Is It?

How is it that banks around the world are able to communicate instructions to each other? In this article we’re going to take you on a tour of the SWIFT money transfer network and show you how a SWIFT code not only works, but makes sure your money gets where it’s going. Before SWIFT codes

Banking
How Long Do International Bank Transfers Take?

How long do international bank transfers take? The answer to that question depends heavily on which bank you’re using and where you’re sending the money to (and from) International bank transfers between developed countries tend to be relatively fast compared to transfers to or between developing nations. Read below for a further breakdown, including ways

From the Archives

Banking
International Remittance Processing Services Explained and Compared

There are plenty of companies that process international remittances But what makes them different? How do you know which is the best one? Let’s compare a number of the most well known remittance services and see which ones stand out in terms of fees, rates, security, transfer times, and satisfaction. That way, you can make
Global Economies
Housing in New Zealand

Wherever you look, housing is becoming a global issue. This is because the world’s population is expanding faster than the supply of global housing can keep up.
Technology
Facebook Ventures into the International Money Transfer Market

The world of international money transfers is constantly evolving, and it now seems that Facebook wants a piece of the action. The Internet giant has applied to Ireland’s central bank for permission to become an “e-money” institution. Once approved, Facebook money transfer services will be on offer throughout the EU market. But is sending money

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