Archive | Forex

Latest Currency News

Latest Currency News

The 1st Contact Forex reviews cover the movements between the New Zealand Dollar, Australian Dollar and South African Rand in relation to the British Pound. Continue Reading

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How Do I Transfer Money Online?

How Do I Transfer Money Online?

Forums and chat sites frequented by Expats are constantly littered with questions like: “How do I send money home?” Absurdly, most of the advice received sends the questioner to the bank – probably the most expensive and inconvenient way to transfer money overseas! Continue Reading

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Overcoming the Implications of a Weaker Pound

It’s no surprise that the economic pressure facing Britain has taken its toll on the Pound. Ernst Janse van Rensburg, manager of 1st Contact’s expert Forex division predicted some months ago that the Pound would indeed weaken and the Rand would be set to strengthen, which certainly is now the case. Continue Reading

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Forex Players Mislead Consumers through False Claims

According to expert Forex consultancy, 1st Contact, a multitude of foreign exchange and money transfer companies are guilty of making false claims that lure unsuspecting consumers into misleading territory. These misleading claims have been seen in the advertisements of various Forex companies that promise ‘inter bank’ exchange rates to individuals that are simply impossible to secure. This has resulted in grave disappointment when the actual funds that clear into the individual’s bank account are less or different to what they had originally anticipated. Continue Reading

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Weaker Pound’s Implications for Professionals

There is no doubt Britain has been a casualty in the current financial crisis with the weaker pound under immense pressure. While speculation is difficult and always risky for the analyst, expert Forex firm, 1st Contact’s Ernst van Rensburg says there are possible trends one can identify for the foreseeable future. Continue Reading

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Why wait for cash control?

It does seem these days that we want everything now, or even yesterday.
So, why can’t we wait? Patience is a virtue, right? Okay, now try telling that to someone running late to meet a friend when their train has been delayed! The thing is, in the modern world where we live, gratification needs to be fast or better-still, immediate. That is the way things are set up. We want fast-food at our restaurant before we get hungry; give us broad-band, not dial-up or we fall asleep; quick service is not synonymous with poor service any longer; things are expected to be quick and accurate. Continue Reading

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Making the Most Out of Money Transfers during the Festive Season

Despite the economic peril that has flooded the UK’s financial markets, and with Christmas festivities around the corner, expert financial services and migration group, 1st Contact, offers some tips and tricks to curb the bitter aftermath brought upon by a waning economy over the festive season. Continue Reading

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Transparency in Numbers – Money Transfers

1st Contact Forex Reveals all the Hidden Facts Governing International Money Transfers

Unbeknown to most people, one of the most expensive ways of transferring money to international destinations is through banks, where many individuals are bearing the brunt of various additional costs. Continue Reading

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