NewsLatest News on Travel Money and Currency Exchange
We have combed through online and offline news sources to bring you up to date, relevant news and information from across the travel money and currency exchange industry.
We have a team of analysts pulling together articles and blogs for the site who support two key authors, Sholto Thompson and Vanessa Whittingham, in producing in-depth news articles and features.
Which? recommends my Travel Cash
June 2011
A recent article by Which.co.uk, the independent consumer product review website, recommended the newy launched my Travel Cash card. my Travel Cash has removed its ATM fees and their cards now offer 1% cashback on purchases. Read more
The Currency Wars - An Ebury Partners Report
November 2010
A special report discussing the currency wars currently gripping the markets. We look at how it started and the prominent players such as the US, Eurozone and China. Read more
November 2010, Halo Financial
Renewed fears over peripheral Europe weighs on the Euro. GBPEUR managed to hold onto long-term weekly support in October just below €1.12 to bounce 4.5 cents higher in the following few weeks. This is very important as this 13-cent trading channel has been in place for 2-years now and has defined the range over this period. Read more
November 2010, Halo Financial
QE2 is over so is it buy the rumour, sell the fact? It seems like an eternity since stories started emerging that fears of a double-dip recession in the US would require further Quantitative Easing (QE) by the US Federal Reserve. When central bankers embark on asset purchases or QE, the market’s reaction is to justifiably sell that currency since it is being debased or diluted. Read more
Whatever your situation, if you’re low on cash it’s bound to make going on holiday regrettably difficult. With a long list of things to think about – flights, accommodation, food, excursions, activities and spending money – holidays are hardly known for being light on the purse strings. Read more
Foreign Exchange and the Travel Industry
June 22nd 2010, Sholto Thompson @ The Currency Exchange Site
How foreign exchange fluctuation is dealt with by travel operators is a matter of some controversy. In the period between a booking and the actual date of departure the value of the currency in which the holiday was paid will of course fluctuate against Sterling constantly and, occasionally, considerably.....Read more
How to save when you spend big abroad
May 12th 2010, Vanessa Whittingham @ The Currency Exchange Site
2008 and 2009 saw a decline in people buying properties overseas, with banks cutting bonuses and everyone feeling the pinch of the recession. Thankfully, 2010 has started off with more gusto, with reports of increased searches for overseas property implying that Britons are loosening their purse strings and looking to invest their hard earned money.....Read more
How to avoid Ryanair booking fees and get better currency exchange rates when you travel
May 7th 2010
One of the biggest costs for travellers using low cost carriers are the additional booking fees that these airlines charge. The question is how you can minimise these fees? Well look no further....Read more
May 5th 2010
The recent rise in interest in overseas property is expected to boost the number of British-owned overseas holiday homes from the current estimate of 430,000 (The Telegraph)....Read more
How can you save money when travelling to the Spanish Grand Prix?
April 26th 2010, Vanessa Whittingham @ The Currency Exchange Site
With the Spanish Grand Prix in Barcelona on May 9th the re-opening of European air space has allowed thousands of travellers to breathe a sigh of relief. For those who are travelling they will have to deal with high rates for hotel rooms, restaurants and flights. So how do you save money?...... Read more
Travel Money – What is the best option when going abroad?
April 13th 2010, Vanessa Whittingham @ The Currency Exchange Site
There are plenty of options available when it comes to travel money while going abroad. As the euro is currently much stronger than the pound, it is a great time to take advantage of this by travelling further afield...... Read more
April 7th 2010, Vanessa Whittingham @ The Currency Exchange Site
Anyone who has ever travelled abroad has had to cope with the issues of converting currency before or during your trip. Whether it is finding that you need to convert more money and not knowing if you are getting a good exchange rate...... Read more
March 29th 2010, Vanessa Whittingham @ The Currency Exchange Site
One of the new buzz words sitting on the lips of seasoned travellers this year is ‘staycation’. With the pound’s strength in currency exchange markets declining, and the Easter Break right on our doorstep here are a couple of ideas that are just a bunny hop-skip-n-jump away...... Read more
Currency Exchange - Getting the Best Value for Your Money
March 29th 2010, Vanessa Whittingham @ The Currency Exchange Site
When it comes to currency exchange, there are now plenty of options from which to choose. When travelling abroad, it can be a challenge to decide what product or which provider will consistently get you the most for your money while providing convenience and security...... Read more
March 23rd 2010, Vanessa Whittingham @ The Currency Exchange Site
South Africa will be the first African nation to host the World Cup this year. However with over half the host cities actually small towns access to international banking infrastructure and foreign currency exchange portals will be limited. How will you maintain access to your money?..... Read more
How to keep your travel money safe on a gap year?
March 18th 2010, The Currency Exchange Site Analyst
Every year thousands of students decide to take a gap year from their education or employment in order to travel around the world visiting as many countries as they can before settling into long term careers..... Read more
March 8th 2010, Sholto Thompson @ The Currency Exchange Site
Despite belts remaining tightened, 2010 is a year in which 80 per cent of Brits are planning on taking at least one holiday according to a recent report from Thomson. Indeed, as proclaimed by STA travel, this year will see the rise of the two week adventure holiday..... Read more
March 2nd 2010, Sholto Thompson @ The Currency Exchange Site
It is hard not to notice that tourism is increasingly the most important source of foreign exchange for developing countries around the world, and increasingly so for countries emerging from conflict..... Read more
February 22nd 2010, Sholto Thompson @ The Currency Exchange Site
Over the last ten years the travel industry has had to tackle terrorism, SARS, tsunamis, bird flu, swine flu, and the first ever truly global recession. Through it all the industry has proven to be robust, resilient and dynamic, finding new ways to deal with adversity.... Read more
February 15th 2010
Currency Exchange Site Ltd officially launches its new website across the UK today in advance of the peak holiday booking season in the UK. The site provides a destination for comprehensive and independent travel money comparisons, along with reviews of different products and providers... Read more
The Impact of the Recession on Travel to Europe 2009-2010
February 8th 2010, Sholto Thompson
Over the past year the credit crunch has seen the nation tighten its belt and feel the squeeze. The prosperous era of ‘splashing out’ has come to an abrupt end... Read more
The Impact of the Recession on the Travel Industry
January 26th 2010, Sholto Thompson
During the past year the globe has suffered at the hands of the one of the most disastrous financial meltdown in history... Read more
Winter and Festive Travel 2009-2010: Are Brits giving the UK the cold shoulder?
December 15th 2009, Sholto Thompson
A noticeable increase of interest in winter holiday destinations over the past few months is suggesting that Brits are choosing to give the UK the cold shoulder this winter... Read more
November 20th 2009, The Currency Exchange Site analyst
The travel money market, for overseas expenditure, was valued at around £36 billion in 2007 by Mintel, a market research provider... Read more
Pound continues to struggle against Euro
October 8th 2009, The Currency Exchange Site analyst
Travelling to Europe has become an increasingly expensive option for British tourists, with the pound currency declining in value relative to the Euro to almost parity this year... Read more
Eurozone Interest rates left at zero
October 8th 2009, The Currency Exchange Site analyst
The European Central Bank’s meeting in Venice on October 8th resulted in interest rates across the Eurozone being left unchanged, at the record low of 1%... Read more
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