Insights: Articles

Take Control of Your Foreign Exchange Exposure

Your Currency Strategy Companies that trade internationally or have offices overseas are exposed to foreign exchange (FX) risks that arise from fluctuation in the currency markets. Any currency can experience periods of high volatility, making attempts to predict the foreign exchange markets a gamble that affects profitability. From eCommerce to imports, a growing number of businesses are understandably keen to…

Read More
City of London Wealth Management Awards 2019 Nominee

We are delighted to announce that Central FX have been nominated for the category FX Service Provider at the City of London Wealth Management Awards (COLWMA) 2019. The awards celebrate the outstanding achievements and critical service provided by both the organisations and the individual agents themselves in the Financial sector. Winners of the Awards will be determined by a public…

Read More
January in the Markets

Brexit has once again been the central concern for the pound. Dovish reactions from everyone from the US Fed to Bundesbank head Weidmann have been a theme throughout, but global equities have remained resilient. Despite all the concern Sterling posted the sharpest gain for a year this January – reflecting a growing sentiment that a no-deal Brexit can, and will,…

Read More
Setting a Budget Rate for Your Foreign Exchange Exposure

Can You Accurately Set A Budget Rate? As we head into 2019 the usual strategies and budgets that need to be delivered on become locked in place. However, within the foreign exchange (FX) markets the only thing that you can accurately predict over the next 12 months is market volatility. Companies are beginning to embrace the uncertainties of trading overseas…

Read More
2019 in Foreign Exchange

The Key Events of 2019 2019 promises to be another interesting year, if 2018 was anything to go by. From Russia to Trump, things are changing to unprecedented levels. There are some pivotal calendar events to watch out for and high-risk situations with a sell-by-date. In calendar order, enjoy early-access to the key global insights for 2019: Read more: The…

Read More
5 Common Influences on Foreign Exchange Markets and Rates

A country’s level of economic health is a strong influence on foreign exchange rates. Consider the current exchange rate as a snapshot of a country’s economic stability. If an exchange rate is strong, this is an indication of economic and/or political strength, if an exchange rate is weak, this is an indication of poor economic and/or political stability. Such rates…

Read More
Protecting your Bottom Line from Currency Fluctuations

Prior to Brexit and the recession, concerns regarding currency volatility and the impact it could have on a business’s bottom line were less ubiquitous. In today’s climate however, concerns are ever-growing, particularly for enterprises that conduct business internationally, due to the current global economic uncertainty and subsequent exposure to foreign exchange risk. With the pound plunging against a number of…

Read More
When Should You Buy Your Foreign Currency?

Why does it make a difference when you buy or sell currency? Because at different times the rates you achieve will be vary considerably. If the market is up you could get 1.35 USD for every 1 GBP – great news if you are buying US dollars, less good if you are selling. (The current rate is 1.27 as of…

Read More
The Power Of Market Orders

With Brexit negotiations drawing to a close the outcome looks more uncertain than ever. Sentiment towards the pound can change on a daily basis as rumours circulate of a potential deal or no deal agreement being reached. As a result the already difficult task of protecting immediate or future exposures becomes even more challenging. However with added volatility comes added…

Read More
4 Ways You Can Make Exchange Rates Work for your Business

What Are Exchange Rates? Exchange rates tell you how much your currency is worth in a foreign currency. Think of it as the price you are charged to purchase your chosen currency. Sounds simple but many consider FX trading to be overly complex, particularly with terminology such as ‘market rates’ and ‘spreads’ circulating. How Do They Work? There are a…

Read More
5 Things your FX Provider Should Do to Protect your Bottom Line

Gaining the best possible service from your chosen currency dealer often means striving for a service that’s made to measure your business, something that a designated currency dealer should strive to accomplish. But how? 1. Offer fast and efficient payments Sending international payments can be time-consuming with plenty of room for error. There are ways to ensure the process goes…

Read More
3 Types of Risk a Specialist FX Company Can Help Prevent

Fluctuations in global currencies have brought exchange-rate risk back to the forefront for many companies – particularly those working with suppliers, production, or customers in different countries. Since the financial crisis of 2008 revealed the immense problems facing traditional financial institutions, change in the industry has accelerated. Businesses can now turn to a host of specialists to perform a lot…

Read More