Forex News Shop Staff

We cover foreign exchange, currency and cryptocurrency news and guides. Our readers can find currency-specific foreign exchange news, political updates affecting currency and insight into where foreign exchange trends may go, as well as the latest cryptocurrency analyses and trends.

December 31, 2019
euro coin with national flag of cyprus on the euro money banknotes background. finance concept

How to Transfer Money to Cyprus Once You’ve Found Your Dream Home

Properties in Cyprus can represent excellent value when compared to other countries and have recovered significantly since their 2016 lows. The Cypriot property index has recovered strongly, increasing to 112.33 in the second quarter from 107.78 in the previous. The housing market strength has also fuelled a wave of developments and building permits increased by […]
December 23, 2019
Portugal real estate concept. Man and woman holding miniature house in hands. Citizenship theme and national flag on background.

Relocating or Buying a Holiday Home? Best Ways to Send Money to Portugal

When you finally decide to take the plunge and relocate or purchase a second home in the sun, the challenge of finding a straightforward and easy way to move your funds overseas will be far down your list of priorities. However, using a specialist can be a really straight forward way of saving money, time […]
December 10, 2019
Golden pound symbol and golden arrow up - pound money rise concept - retro style

GBP Strengthens as Polls Show Johnson Nears Majority

The Pound was driven higher this week as polls indicate that Prime minister Johnson will seal a majority in next weeks general election. The Pound has seen good levels of support, with investors now believing that the victory is now Johnson’s to lose. Pound levels have hit year highs against many of the majors including […]
December 10, 2019
The light red arrow icon on a background of money. The concept of changing course of US dollar on the market. Devaluation, collapse, stagnation of the economy.

Dollar Rates Drop as Data Disappoints and Potential Impeachment Looms

The dollar weakened slightly following another poor data run and the leader of the democrats Nancy Pelosi laying out her case in order to push ahead with impeachment proceedings against President Trump. The only respite for the dollar coming in the form of non-farm payroll numbers which smashed the target. The poor data was a […]
November 28, 2019
American dollars an Usa Flag.Close up of american flag and dollar cash money on old oak wood.

Dollar Weakens as Possibility of Trade Deal This Year Looks Unlikely

The Dollar had enjoyed a slight boost following the FOMC minutes which claimed that no further easing would currently be required. The gains seen on Wednesday were short-lived, however, as the sources claimed that it was now extremely unlikely that the US and China could now strike a trade deal this year. FOMC minutes The […]
November 11, 2019
canadian money in a pocket of a blue jeans

Canadian Dollar Falls Further as Job Numbers Tumble

The Canadian Dollar fell further this past week upon the release of the latest Canadian jobs data. The Canadian Dollar had stabilised since its last disappointing GDP release and concerns surrounding the Chinese economy. The CAD-USD has tumbled from a 3 month high seen in late October when the pair touched 0.7663 with the latest […]
November 4, 2019
Composite image of stocks and shares

NFP Numbers Surpass Target but Manufacturing Stumbles as ISM PMI Falls

Markets had a keen eye on Friday’s data with a series of impactful US data releases scheduled. The train-like momentum of the US jobs market had been slightly more questionable of late. The last two readings missed target falling short of forecast, investors were looking to see if the last few months had been a […]
October 30, 2019
House of Parliament and British flag

Pound Stagnant as Parliament Are Faced with Parliamentary Election

Sterling traded within a tight band this week as the path to Brexit became opaquer this week. Following the collapse of last weekend’s meaningful vote, MP’s voted for Johnson’s deal but rejected the proposed timetable. Johnson, in turn, stated he was pausing the deal in order to call for a general election. The UK now […]
October 22, 2019
Beautiful United Kingdom waving flag and behind the famous Big Ben.

Brexit – Meaningful Vote Becomes Meaningless

As Members of Parliament congregated on Saturday for the first time in over 30 years the UK and financial markets eagerly anticipated the vote of Boris Johnsons ‘great new deal’. Thursday, Friday and Saturday morning had been spent the conservative party gaining support and flogging the deal to rebel opposition members and those sat firmly […]