Penny Pryor has more than two decades experience writing, reporting and editing financial services publications. She has contributed to, and edited, the Money Section of the Sun Herald and The Sunday ...

Interest rates play a critical role in shaping the values of different currencies. Central banks worldwide utilize interest rates as a monetary policy tool to manage their economies, making it ...

We offer a unifying empirical model of covered and uncovered currency premia, interest rates and spot and forward exchange rates, both in the cross section and time series of currencies. We find that ...

Convenience at airport forex counters often comes at a premium. From hidden spreads to processing fees, travellers can lose thousands during currency exchange without even realising it.

Currency futures are a fascinating financial instrument that allows traders to lock in exchange rates for currencies at a predetermined date. Unlike the often unpredictable nature of forex trading, ...

If you’re looking to exchange currency before a trip overseas you’ll want to get the most bang for your buck. And this starts with understanding how currency exchange works. Our guide summarises what ...