John From Moneycorp

Members1
  • Content count

    646
  • Joined

  • Last visited

  • Days Won

    1

John From Moneycorp last won the day on June 27 2017

John From Moneycorp had the most liked content!

Community Reputation

13 Neutral

About John From Moneycorp

  • Rank
    Senior Member
  1. Be warned money Corp will drop you once you have moved to Australia. I wish I hadn't transfered any money with them. have just tried for 3 days to open a new accout and can not use original account. all my bills are online and they do not accept online bills so can not open a new account. you have been warned

     

    1. Australian Dollar Review

      Hi all - review below over the past few months - thanks. Bringing up the rear, the Aussie dollar fare worst in the last week of Q1 with an average loss of 1.2% against its major counterparts. It lost twice that much - four and a quarter cents - to the pound, which was the leader of the bunch. Part of the Aussie's problem was home-grown: disappointing jobs data showed unemployment ticking up to 5.6%. Part was exogenous: a broadening of the US administration's protectionist tariffs to include China and the appointment of the bellicose John Bolton as National Security Advisor. Looking back at the quarter, the Aussie dollar has had the occasional move higher but overall has slumped in value versus the US dollar and the pound. Consumer confidence figures were mixed, posting a slightly positive result in March after a 2.3% drop in February. Similarly retail sales offered a mixed bag of monthly results. Looking ahead to Q2 the pound will continue to be driven by the ongoing negations between the UK and the EU, whilst the prospect of a May interest rate rise by the Bank of England may add some strength to the currency. Similarly the ongoing tensions between the US and China in relation to trade and tariffs will likely have a continued effect on commodity backed currencies.
    2. Australian Dollar Review

      Hi all - review below over the past few months - thanks. Bringing up the rear, the Aussie dollar fare worst in the last week of Q1 with an average loss of 1.2% against its major counterparts. It lost twice that much - four and a quarter cents - to the pound, which was the leader of the bunch. Part of the Aussie's problem was home-grown: disappointing jobs data showed unemployment ticking up to 5.6%. Part was exogenous: a broadening of the US administration's protectionist tariffs to include China and the appointment of the bellicose John Bolton as National Security Advisor. Looking back at the quarter, the Aussie dollar has had the occasional move higher but overall has slumped in value versus the US dollar and the pound. Consumer confidence figures were mixed, posting a slightly positive result in March after a 2.3% drop in February. Similarly retail sales offered a mixed bag of monthly results. Looking ahead to Q2 the pound will continue to be driven by the ongoing negations between the UK and the EU, whilst the prospect of a May interest rate rise by the Bank of England may add some strength to the currency. Similarly the ongoing tensions between the US and China in relation to trade and tariffs will likely have a continued effect on commodity backed currencies.
    3. Fears of a trade war drive sterling gains against Australian dollar While the atmosphere is somewhat calmer this week, fear of a trade war between the US and China has not entirely dissipated. This is one of the reasons that the pound is making gains against the Australian dollar; a trade war could impact exports of iron ore to China and have a knock on effect on the Australian economy. In addition, the Reserve Bank of Australia looks set to keep its interest rate at 1.5% for the foreseeable future, while the Bank of England dropped heavy hints that the pound might see a hike in interest rates as soon as May. Should you have upcoming international payments to make then moneycorp can help – receive expert guidance and great exchange rates – click on the following link for more information and register through this page to receive no transfer fees on your international payments: https://www.moneycorp.com/uk/campaigns/partners/pio/
    4. The Pound vs Australian dollar

      Yesterday, sterling surged with news that Michel Barnier and David Davis, EU and UK Brexit negotiators respectively, are moving closer to an agreement on transitional deal ahead of the EU summit at the end of the week.
    5. The Pound vs Australian dollar

      Big move in the Pound/Australian dollar exchange rate - worth getting in touch if you need to send money overseas soon - https://www.moneycorp.com/uk/campaigns/partners/pio/
    6. The Pound vs Australian dollar

      The pound a little bit stronger - upbeat Spring Statement from the UK's Chancellor helped yesterday.
    7. The Pound vs Australian dollar

      Australian dollar stronger over past few days. Australian exemption from the new US. steel tariffs had boosted the AUD.
    8. New Australian Bank Account

      New Australian Bank Account We are pleased to announce that we have enhanced the moneycorp PTY service and have a local Australian bank account. Going forward when you add funds to your account you will pay your normal domestic fee. To find out more information about the moneycorp service please click here –https://www.moneycorp.com/uk/campaigns/partners/pio/ TTT Moneycorp Pty Limited, Authorised Representative No. 445555 ABN 46 116 612 858, are Authorised Representatives of Rochford Capital Pty Ltd (AFSL License No. 361276 ABN 40 143 601 594) Jones Bay Wharf, Suite 45, 26-32 Pirrama Road, Pyrmont, NSW 2009.
    9. The Pound vs Australian dollar

      Latest currency round up is below – thanks. The Australian economic data came and went without fuss. There weren't many of them and they were not hugely important. Private sector lending was just about on target, private capital spending fell slightly in the fourth quarter and January's new home sales were disappointing. The main downward pressures on the Aussie came from the United States, first because US interest rates could rise more quickly than previously thought and second because the president intends to impose steep taxes on imported steel and aluminium. Investor fear that those tariffs and retaliatory measures by other countries will be bad for trade and bad for the Aussie. The currency lost two thirds of a US cent but added half a cent against sterling. The pound's (perennial) problem was Brexit talk. This time it was the EC president and two former prime ministers what weighed in against the government's strategy. The prime minister will do her best to defend it in a speech this Friday.
    10. The Pound vs Australian dollar

      The pound is slightly stronger this morning. Consumer price inflation remained at 3% in January, the Office for National Statistics said.
    11. The Pound vs Australian dollar

      Pound boosted today. The Bank of England (BoE) Monetary Policy Committee (MPC) voted unanimously to maintain the interest rate at 0.5%. There were hints that rate rises would be on the cards for the future as the Bank of England upgraded forecasts for UK growth from 1.6% to 1.8% for this year. If the economy progresses as forecast, the Monetary Policy Committee highlighted that “monetary policy would need to be tightened somewhat earlier and by a somewhat greater extent over the forecast period”.
    12. The Pound vs Australian dollar

      Not really any significant movements in the GBP/AUD exchange rate of late. RBA recently suggesting an interest rate rise in Australia is not likely in the short term.
    13. The Pound vs Australian dollar

      Sterling soars The British pound has accelerated to the front of the fleet. Although the UK employment data were constructive, they were not remarkable enough to justify the pound's progress: Investors were buying sterling because it was going up.
    14. The Pound vs Australian dollar

      Pound stronger over past 24 hours.