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John from Moneycorp

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John from Moneycorp last won the day on March 22 2016

John from Moneycorp had the most liked content!

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About John from Moneycorp

  • Rank
    Foreign Exchange Expert
  • Birthday 22/05/1981

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  1. John from Moneycorp

    The UK Pound V Australian Dollar

    Overall this week, broad Brexit fears have dragged the Pound Sterling to Australian Dollar exchange rate lower. The Pound did avoid its worst levels however, due to a lack of demand for the Australian Dollar .
  2. John from Moneycorp

    Currency transfer from sale of uk property

    Hello @Loveithere I am pleased to say we are able to help you with your transfer with your international transfer. With rates up to 4% better than the banks, we can ensure you get great value for your money. As a Poms In Oz member, you will not be charged a fee for using our services. In terms of security, Moneycorp is regulated and authorized by the FCA and your funds will be safeguarded in segregated accounts. After you open an account you will be given your own personal Foreign Exchange Dealer who will give you guidance around the market and will be able to execute your transfer. To get started, you can register for free using this link https://m.moneycorp.com/PomsInOZ. Regards, John
  3. John from Moneycorp

    The UK Pound V Australian Dollar

    The Aussie was flat, on average, against the other major currencies. It lost a seventh of a US cent and strengthened by two and three quarter cents against sterling. The Australian dollar was eclipsed by its NZ cousin, losing one cent. Thursday's employment data were the Aussie's statistical highlight. Job creation in September - 5.6k - was smaller than forecast but the rate of unemployment fell to 5.0%, a six-year low. Investors decided to focus on the 5.0% instead of the 5.6k and the Aussie moved higher.
  4. John from Moneycorp

    The UK Pound V Australian Dollar

    Australian Dollar jumps as unemployment falls to six-year low - Pound Australian Dollar also struck a low this morning as the market cheered Australia's latest jobs report
  5. John from Moneycorp

    Transferring money from UK

    Hi @Kenneth Wragg You are also able to send money to and from Australia using Moneycorp. After opening an account you are given a dedicated foreign exchange dealer who you can ask for guidance around the market. This guidance can be very useful when transferring a large sum of hard earned money and it always a good idea to discuss the solutions which can help you receive the most for your money. Regards, John
  6. John from Moneycorp

    Currency transfer from sale of uk property

    Thank you @The Pom Queen. We have now updated our page for Poms In Oz members To start saving when sending money to and from Australia, please use this link https://m.moneycorp.com/PomsInOZ
  7. John from Moneycorp

    The UK Pound V Australian Dollar

    Australian Dollar tipped to remain under pressure against the Pound due to news of continued deadlock in Brexit negotiations.
  8. John from Moneycorp

    The UK Pound V Australian Dollar

    It has been a tricky quarter for the Australian Dollar with some domestic uncertainty. What can we expect for the next quarter?https://www.moneycorp.com/globalassets/documents/uk/partnerships/quarterly-update---12th-oct-2018.pdf
  9. John from Moneycorp

    The UK Pound V Australian Dollar

    The GBP - AUD exchange rate rose today following the news of UK GDP growth. Figures rose by 0.7%, beating expectation for a dip to 0.6%.
  10. John from Moneycorp

    The UK Pound V Australian Dollar

    There was little news from Down Under; fears about the impact of the US/China trade war are starting to subside which helped a little. New Zealand's economy expanded by just as much as the States in the second quarter and data released overnight showed a welcome rebound in business confidence. The Kiwi reacted positively to the confidence figures, though investors see little chance of the RBNZ taking rates higher. The most they can hope for is a less pessimistic growth outlook in the central bank's statement.
  11. John from Moneycorp

    The UK Pound V Australian Dollar

    Australian Dollar had a marginal recovery against Sterling on Tuesday - this was a response to an optimistic Reserve Bank of Australia (RBA) update.
  12. John from Moneycorp

    The UK Pound V Australian Dollar

    The Aussie strengthened slightly against the NZ dollar and added a third of a US cent but that was no great achievement. It lost nearly two cents to sterling and weakened by an average of 0.4% against the other ten most actively-traded currencies. It was mostly a sentiment thing. The Aussie has been heading lower against the US dollar since the end of January and investors have not yet been persuaded that a correction is due. Had its fortunes been decided by the Australian economic data it would have done somewhat better: consumer confidence was a little flaky but the employment figures for August were undeniably strong, with 44k new jobs. UK ecostats were mostly helpful to the pound, with a narrower trade deficit higher wage increases and an estimated 0.3% growth in July alone. Michel Barnier also helped: the EU negotiator said a Brexit deal was possible within six to eight weeks.
  13. John from Moneycorp

    The UK Pound V Australian Dollar

    Australian dollar marginally stronger - news from Australia was fairly positive, the economy is creating new jobs at a decent rate.
  14. John from Moneycorp

    The UK Pound V Australian Dollar

    Pound is stronger against the Australian dollar - this is following Michel Barnier, the EU's top negotiator, informing a forum in Slovenia that it was "realistic" to expect a Brexit deal in six to eight weeks.
  15. John from Moneycorp

    The UK Pound V Australian Dollar

    AUD Weekly Currency Update The Australian dollar fell to a 27-month low against the US dollar this week after the decision by the Reserve Bank to maintain the current interest rate. Coupled with political uncertainty, a slowing of jobs and growth and the looming impact of the US/China trade war, the Aussie is also struggling against sterling. The pound has enjoyed sustained strength against the Australian dollar towards the end of the week, riding high on some positive Brexit news and taking advantage of the impact of static interest rates down under.
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