Foreign Currency Exchange Rates
TorFX is a leading provider of foreign exchange services, offering competitive currency exchange rates for international money transfers and an unrivalled personal service to private individuals and companies with a foreign currency exchange requirement. We pride ourselves on our ability to save our customers money.
Excellent Currency Exchange RatesIf you're looking for excellent currency exchange rates for either business or personal use - look no further than TorFX. We pride ourselves on being able to help our customers to really save money on their foreign exchange transfers, and whatever your transaction, one of our highly trained currency specialists will guide you every step of the way.
TorFX offers highly competitive foreign exchange rates on all major currencies, often beating the bank's rate by over 3%. With in depth knowledge of what drives foreign exchange markets, TorFX can help you optimise the timing of your transaction so that you achieve the best possible exchange rate. There are no charges, and we offer fast, free international transfers. Opening an account is quick, simple and completely free.
Foreign ExchangeFinding the best foreign exchange rates can be a tricky business, but here at TorFX we can make things much easier. As well as offering unbeatable foreign exchange rates, our specialists are on hand to provide you with all of the guidance you need to ensure the smoothest transaction possible.
One of our most valued services is our FREE Market Analysis. Simply supply us with your name and email address to receive relevant market forecasts straight to your email inbox. We also have an online foreign exchange blog which is updated on a daily basis with all the most timely, relevant news on all major currency exchange rates. - You can visit our blog at www.torfx.com/blog or subscribe to our FREE Market Analysis emails.
Foreign Currency Exchange RatesAre you looking for the best currency exchange rates out there today? If so, you have come to the right place, as here at TorFX, we can provide you with just that. By providing excellent currency exchange rates, we have helped individuals and businesses alike to save money.
TorFX let you fix your exchange rate for up to two years, whereas banks don't usually offer this option. This protects you from currency exchange rate movements that could cost you thousands of pounds. This is a vital tool for anyone buying a foreign property, as foreign exchange rates can fluctuate by over 30% in just a few months. That means your purchase could cost a lot more than you budgeted unless you fix your rate.
Foreign Exchange RatesWhether you need to make or receive a foreign payment, there's no doubt that you will want to take advantage of the best foreign exchange rates available. Here at TorFX, we have thousands of satisfied customers who can vouch for our ability to not only provide great foreign exchange rates, but also save money by various other means.
At TorFX we pride ourselves on providing a simple, friendly service, we take the time to explain the process clearly and advise on the best solution. By using our expertise you can be sure of getting the best advice on your transaction, as well as excellent exchange rates. Our experienced currency exchange dealers send regular market updates by email, and can help to formulate a strategy to minimise your risk, and maximise the amount of currency you receive.
Currency ExchangeThere are several different reasons why currency exchange may be necessary - from moving abroad to dealing with business associates overseas. Whatever the reason, there's no doubt that you will want excellent currency exchange rates - and this is where we can help. Take advantage of fantastic rates and make money go further with help from TorFX.
TorFX operate segregated client accounts with Barclays Bank PLC, which provides our customers with complete security of funds. We are regulated by HM Revenue and Customs, are members of the UK Money Transmitters Association, as well as being authorised by the FCA.
Currency Exchange RatesDo you need to send or receive money from overseas? Are you looking for great foreign currency exchange rates? If so, then TorFX is here to help. In addition to offering unbeatable foreign currency exchange rates, we can also help with free transfers and risk control, and you will be guided by one of our fantastic experts.
Our service is not just about providing you with excellent foreign exchange rates, we can also give you the tools and information to help you make the right decision, at the right time.
Hong Kong Dollar (HKD) Exchange Rate Softer as US Durable Goods Orders Fall
By the middle of the week the Pound Sterling to Hong Kong Dollar (GBP/HKD) exchange rate had recovered from the low of 11.5038 recorded in the wake of the UK’s disappointing inflation reading to achieve a high of 11.5888.
The Hong Kong Dollar tracked the US Dollar lower as demand for the ‘Greenback’ faltered following the release of concerning US Durable Goods Orders data for the world’s largest economy.
Tuesday’s US inflation and manufacturing reports supported the case for a June interest rate adjustment from the Federal Reserve, but the durable goods orders figure puts such a move in doubt.
Rather than rising by the 0.2% expected, durable goods orders fell by -1.4% in February.
According to industry expert Martin Crutsinger; ‘The weakness in February was widespread, with weaker demand for commercial aircraft, autos and machinery. The result adds to a slew of disappointing data from recent economic indicators. Economists, however, expect domestic demand to strengthen in the months ahead and hope that will be enough to offset weakness caused by a stronger Dollar, which dampens export sales of US companies.’