Brexit

An “untested” customs approach and a new party

One of the overriding issues concerning Brexit is the complexity and number of issues that need to be settled. To outsiders the pace of the negotiations and the amount of progress appears to be incredibly slow. With Parliament and the PM on holiday, not a great deal of official information has been forthcoming since the...

TransferGo Blog
Business Currency Updates

Sterling’s Relentless Fall against Euro Continues

Despite of the positive UK consumer spending and unemployment data releases last week, British Pound hit a new low against the Euro for 2017, dangerously approaching the 7-year low at 1.08. In the meantime, Euro’s rally against the US Dollar paused, as negativity for the American currency eased off. As increasingly more analysts talk of...

Jim Makos
Business Currency Updates

Never-ending decline further weakens Sterling against Euro

Sterling’s freefall continued for another week, hitting a new 2017 low against the Euro last Friday. Investors are overall bullish on the Euro outlook but remain disinclined to buy into Sterling, while the UK economy’s outlook remains gloomy. The British Pound is also hit by forecast downgrades, with the latest one coming from Morgan Stanley,...

Jim Makos
India News

Economy Updates: India (August 2017)

Rupee Holding Well, But Stormier Waters Could Be Ahead… The Indian Rupee continues to hold strongly against the Pound. This follows the release of some disappointing manufacturing statistics in the UK. TransferGo continues to provide updates on the state of the economy in India, the exchange rate with the Sterling, any developing impacts of Brexit...

TransferGo Blog
News

EU Commission sets sights on banks’ unfair rates

It’s fair to say that banks have rarely been noted as the guardians of consumer fairness. After all, they are businesses looking to turn a profit on their customers.  However, when it comes to the typically high costs that banks charge on cross-border currency transfers, (even between EU Member States) or on cash withdrawals to...

Stephen McGrath
Living Abroad Migrant Life

Poland Updates: EU Battles, Low Unemployment, and Potential Farming Upswing

This week the TransferGo Blog introduces a new regular series that will focus on Poland. Since the fall of communist rule and Poland joining the European Union, the country’s story has been one of continued success and growth – both economically and socially. Poland is Central Europe’s largest economy, the sixth largest in the EU,...

TransferGo Blog