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Choose the target rate for your currency exchange.read more... FTT underwritten by A-rated insurer to £1M per claim.read more... Euro and US dollar payments settled same day.read more... NY listed broker partners with FTT.read more...Currency Calculator
FTT gives you real rates and no surprises. Don't be fooled by currency calculators on other sites. They give you quotes based on market rates. These quotes are non-tradable but are shown to get your attention.
Use our quote tool below to get a real tradable exchange rate from FTT.
The table below shows current market rates for a sub-set of the major currencies. These are the rates you will normally see in currency calculators on other sites.
Currency markets are fast moving and most difficult to predict of all financial markets. Markets move every few seconds so check this page regularly for constant updates.
GBP
USD
EUR
CHF
AUD
AED
NZD
ZAR
CAD
JPY
SGD
THB
HKD
HUF
PLN
DKK
SEK
CZK
NOK
MXN
TRY
QAR
SAR
XCD
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and give them scripts to sound like FX experts.
Our Traders will help you with advice on the types of FX products available and how best to use them.
NOTE: WE WILL NEVER PREDICT THE FX MARKET DIRECTION. IF WE KNEW WHERE IT WAS GOING WE WOULD ALL BE RETIRED AND LIVING ON OUR YACHTS BY NOW. DON’T TRUST ANYONE WHO TRIES TO TELL YOU WHERE THE FX MARKET IS GOING. THEY ARE GUESSING TO TRY AND IMPRESS YOU TO GET YOUR BUSINESS.
Risk Advisory - If you have more complex or a series of FX needs over a period of time, we are happy to talk this through with you and make recommendations on which tools and strategies might best address your needs.
Latest Currency Exchange News
9th March 2010 11:00am - Market News
Greece's prime minister asks the US to crack down on speculators he blames for worsening his country's debt woes. Meanwhile ECB council member Axel Weber indicated he is opposed to the establishment of a European Monetary Fund if its purpose is to provide emergency financial aid to countries.
FTT Trading Desk: www.fttcurrency.co.uk
8th March 2010 13:00pm - Market News Update
Top Chinese officials said the nation?s trade surplus is shrinking and urged caution in exiting crisis policies, suggesting that the yuan may not appreciate soon against the Dollar.
FTT Trading Desk: www.fttcurrency.co.uk
5th March 2010 13:00pm - Market News Update
German Chancellor Angela Merkel has pledged to "stand helpfully by Greece's side" but her economics minister said Germany would not offer a cash bailout. Iceland's talks with Britain and the Netherlands over repayment of 3.8bn euros of debt have broken up without agreement.
FTT Trading Desk: www.fttcurrency.co.uk
4th March 2010 11:00am - Market News Update
Japanese businesses cut spending for an 11th quarter even as their earnings rebounded, signaling a revival in exports remains insufficient to prompt investment that would spur the recovery. Greece?s pledge to increase planned budget-deficit cuts failed to yield an offer of assistance from Germany, Europe?s biggest economy, as protesters in Athens seized the finance ministry building and blocked roads in the city center.
FTT Trading Desk: www.fttcurrency.co.uk
3rd March 2010 11;00am - Market News Update
Greek Prime Minister George Papandreou announced 4.8bn euros of additional deficit cuts as he tries to convince European allies and investors he can tame the region's biggest budget gap.
FTT Trading Desk: www.fttcurrency.co.uk
2nd March 2010 16:00pm - Market News
Australia's central bank has raised interest rates to 4pc from 3.75pc for the fourth time since October, as it seeks to cool its growing economy and was widely expected by economists.
FTT Trading Desk: www.fttcurrency.co.uk
1st March 2010 16:00pm - Market News
Canada's economy expanded at a 5 percent annualized rate in the fourth quarter, faster than predicted by the Bank of Canada, raising pressure on policy makers to increase interest rates later this year.
FTT Trading Desk: www.fttcurrency.co.uk
26th February 2010 16:00pm - Market Update -
Iceland walked out of the latest talks over U.K. and Dutch depositor claims yesterday after refusing to accept concessions put forward by the two countries, prolonging a disagreement that has delayed any economic revival.
FTT Trading Desk: www.fttcurrency.co.uk
25th February 2010 13:00pm - Market Report
Investors moved toward safe-have currencies as the rating agency Standard & Poor kept Greece's 'BBB+' long-term and 'A-2' short-term sovereign credit ratings on CreditWatch with negative implications. Greece's debt rating may be cut within a month as it struggles to reduce the European Union's largest budget deficit, driving up borrowing costs and renewing pressure on the Euro. Europe's economic recovery may also fail to gather strength for most of 2010 as governments phase out stimulus measures and domestic demand remains 'subdued' the European Commission said.
FTT Trading Desk: www.fttcurrency.co.uk
24th February 2010 16:30pm - Market Report
Federal Reserve chairman Ben Bernanke has said that US interest rates will remain at record lows "for an extended period" for while the US economy is growing, some worries remain about its strength as unemployment remains high.
FTT Trading Desk: www.fttcurrency.co.uk
23rd February 2010 13:00pm - Market News Update.
Goldman Sachs has defended the Bank's 2001 debt-swap deal with Greece that may have allowed the country to disguise the extent of its debt problems. Although the debt-swap deal was legal at the time, it has since been prohibited and he admitted that it should have been more transparent at the time.
FTT Trading Desk: www.fttcurrency.co.uk
22nd February 2010 13:00pm - Market News Update
U.S. stocks fluctuated as commodity producers fell amid declines in industrial metal prices, while banks gained on speculation the Federal Reserve will signal plans to leave its benchmark interest rate at a record low.
FTT Trading Desk: www.fttcurrency.co.uk
22nd February 2010 13:00pm - Market News Update
U.S. stocks fluctuated as commodity producers fell amid declines in industrial metal prices, while banks gained on speculation the Federal Reserve will signal plans to leave its benchmark interest rate at a record low.
FTT Trading Desk: www.fttcurrency.co.uk
19th February 2010 11:00am - Market News
The Federal Reserve Board sent its most explicit signal yet that the emergency supply of liquidity to financial markets is over and the most aggressive monetary policy easing will eventually reverse, by making a surprise decision to raise the discount rate from 0.50pc to 0.75pc.
FTT Trading Desk: www.fttcurrency.co.uk
12 th February 2010 16:00pm - Market News
The Dollar pushed to a 9-month high versus the euro trading at 1.3533 today as yesterday's vague plans from the European Union to deal with the Greek crisis did little to alleviate debt concerns. The German economy also unexpectedly stagnated in the fourth quarter as final consumption expenditure and investment failed to support growth.
FTT Trading Desk: www.fttcurrency.co.uk
11th February 2010 12:00pm - Market News
The Dollar was steady versus the Euro as the European Union met in Brussels to work out a plan to help Greece deal with its debt crisis. Greece must take further measures to tackle its huge debts and cut its budget deficit by 4pc this year.
FTT Trading Desk: www.fttcurrency.co.uk
10th February 2010 14:00pm - Market News
Official figures have shown the US trade deficit rose in December to $40.2bn which was 10pc higher than November, and was the largest for 12 months, partly due to an increase in oil imports by nearly 15pc.
FTT Trading Desk: www.fttcurrency.co.uk
9thFebruary 2010 - 14:00pm - Market Report
Job openings in the U.S.rose in December for the first time in three months, signaling employers are gaining confidence in the economic recovery.
FTT Trading Desk: www.fttcurrency.co.uk
8th February 2010 11:00am -- Market Report
Investor sentiment still favours the USD as risk aversion remains with the focus on Debt levels and the repercussions of slow growth and continuing un-employment concerns.
FTT Trading Desk: www.fttcurrency.co.uk
5th February 2010 13:30pm - Market News Report
The US unemployment rate unexpectedly fell in January, to its lowest level in five months at 9.7pc, down from 10pc in December. However, US employers cut 20,000 jobs in January, which was also unexpected as most analysts had predicted the economy to add jobs
5th February 2010 10:30am - Market News Update
Global shares have fallen sharply for the second straight day as concerns about some European governments' debt levels continue to weigh on investors.
FTT Trading Desk: www.fttcurrency.co.uk
4th February 2010 12:00pm - Market News Report
The European Commission confirmed its support of Greece's plans to reduce its deficit. Greece will face the most stringent monitoring of any European Union country as it attempts to balance its finances over the next few years. Greece's deficit is more than four times higher than eurozone rules allow.
FTT Trading Desk: www.fttcurrency.co.uk
3rd February 2010 11:00am - Market News Report
Greece's plan to cut the European Union's biggest budget deficit won European Commission backing after the government announced additional measures to reduce the shortfall and try to quell investor concern that the nation may need a bailout.
FTT Trading Desk: www.fttcurrency.co.uk
2nd February 2010 10:00am - Market News
The Reserve Bank of Australia (RBA) decided to keep the official interest rate on hold at 3.75pc, taking most analysts by surprise. Australian business confidence fell in December to the lowest level in six months, a sign the Central Bank?s record round of interest-rate increases is dampening sentiment. www.fttcurrency.co.uk
2nd February 2010 10:00am - Market News Update
The Obama administration is looking to achieve a USD 970 bn tax increase over the next 10 years on people earning more than USD 200k and wants to get an additional USD 400 bn from businesses as well as a proposed revue on international tax-avoidance techniques. Obama will also outline a Small Business Lending Fund that will transfer USD30 bn from the Troubled Asset Relief Program to support small business lending.
FTT Trading Desk: www.fttcurrency.co.uk
1st February 2010 11:00pm Market News Update
US President Barack Obama has announced a USD 3.8tn (GBP 2.4tn) budget plan for 2011, which includes increased spending for job creation, but cuts in other areas. He also forecast that the US deficit would rise to a record USD 1.56tn this year. The budget includes about USD 100bn of tax incentives designed to lower the +10pc unemployment, including inducements for companies to hire workers. This will be partially offset by higher taxes on wealthy Americans earning more than USD250k a year and also includes more money for education, scientific research and defence programmes. Congress must approve the budget for the financial year starting on 1st October for it to take effect.
FTT Trading Desk: www.fttcurrency.co.uk
1st February 2010 12:00pm - Market News Report
Two surveys showed today that China, the world's third-biggest economy, sustained its manufacturing expansion in January as export orders jumped and inflation pressures grew. Meanwhile, Russia's economy shrank the most on record in 2009 after the price of oil slumped 77 percent from peak to trough and left businesses to start the year trying to adjust to smaller profits as banks cut off credit.
FTT Trading Desk: www.fttcurrency.co.uk
29th January 2010 13:00pm - Market News Report
US economic growth hit 5.7pc in the final three months of 2009, more than twice the pace of the previous quarter and economic activity expanded for the second consecutive quarter according to a report released by the Commerce Department with the pace of GDP growth far exceeding economist estimates.
FTT Trading Desk: www.fttcurrency.co.uk
28th January 2010 10:00 am - Market Report
President Barack Obama used his first State of the Union address to affirm his plan for new jobs, health care and cleaner energy and to castigate banker bonuses and lobbyists for failing to end Washington's "tired battles" of partisanship.
Japanese Prime Minister Yukio Hatoyama won parliamentary approval for his extra budget, clearing the way for him to implement economic stimulus measures to bolster the economy.
FTT Trading Desk: www.fttcurrency.co.uk
27th January 2010 12:00pm - Market News
The global economy is set for a slow recovery, say experts at the World Economic Forum in Davos. Western nations face a period of jobless growth, but it was widely agreed that emerging markets would experience the swiftest recovery.
FTT Trading Desk: www.fttcurrency.co.uk
26th January 2010 09:30am - UK Market News
The UK economy has come out of recession, after figures showed the economy had grown by 0.1pc in the last three months of 2009. The economy had previously contracted for six consecutive quarters - the longest period since quarterly figures were first recorded in 1955.
FTT Trading Desk: www.fttcurrency.co.uk
25th January 2010 16:00pm - Market News
The National Association of Realtors (NAR) said that sales of previously-owned US homes fell 16.7pc in December,as buyers rushed to complete deals before the original 30 November deadline.
Sales had risen from September to November as first-time buyers took advantage of tax credits.
FTT Trading Desk: www.fttcurrency.co.uk
The decline in December was expected .
22nd January 2010 14:00pm - US Dollar News
U.S. banking supervisors are using existing authority to raise standards for capital, liquidity and risk management without waiting for the Obama administration and Congress to hammer out a new regulatory structure.
FTT Trading Desk: www.fttcurrency.co.uk
22nd January 2010 09:30am - Market News
UK retail sales rose by just 0.3pc between November and December but the rise in sales volumes was lower than expected, with analysts having predicted a rise of more than 1pc. Rising prices were blamed for the slow increase, with prices increasing at their fastest rate in nine months.
FTT Trading Desk: www.fttcurrency.co.uk
21st January 2010 12:00pm - Market News
China's economy expanded by 8.7pc in 2009, exceeding even the government's own initial expectations. The pace of change increased as the year went on, with growth in the final quarter of 2009 increasing by 10.7pc from the same period a year earlier.
FTT Trading Desk: www.fttcurrency.co.uk
20th January 2010 16:00pm - Market News
The Governor of the Bank of England, Mervyn King, reiterated calls for the U.K. government to cut the deficit in public finances and warned that a failure to do so could have undesirable implications for the economy's long-term growth prospects. In the US, new residential construction showed a notable decrease in December, according to a report released by the Commerce Department, with the data likely to add to recent concerns about the sustainability of the recovery in the housing market.
FTT Trading Desk: www.fttcurrency.co.uk
19th January 2010 12:00pm - Market News
The Dollar edged back versus other major currencies today morning as traders expressed concerns that the global stock rally of 2009 may be petering out as the Chinese withdraw support measures that have helped stabilize the global economy after the worst recession in decades.
FTT Trading Desk: www.fttcurrency.co.uk
18th January 2010 12:00pm - Market News
The Head of the International Monetary Fund has warned that the global economy could experience another downturn (a double dip recession)because the recovery remains very fragile. He advised that countries should not exit from stimulus packages which have bolstered growth through huge amounts of government spending. The IMF is currently predicting the global economy will grow by 3.1pc in 2010.
FTT Trading Desk: www.fttcurrency.co.uk
15th January 2010 11:00am - Market News
President Barack Obama has said Wall Street must repay 117bn Dollar ( 72bn Pounds) to the taxpayer and criticised banks for "massive profits and obscene bonuses". The tax is to recoup money US taxpayers are expected to lose from bailing out the Banks during the financial crisis.
FTT Trading Desk: www.fttcurrency.co.uk
14th January 2010 110:00am - Markey News
The Australian dollar edged higher against its major rivals on Thursday morning in Asia after a government report showed that Australia's employment picture improved slightly in December. This news prompted the Yen to decline across the board in Asia as a rally in most of Asia-pacific stocks gave traders confidence to buy higher-yielding assets.
FTT Trading Desk: www.fttcurrency.co.uk
12th January 2010 12:00pm - Market News
China raised the proportion of deposits that banks must set aside as reserves to cool the world?s fastest-growing major economy as a credit boom threatens to stoke inflation and create asset bubbles.
India's industrial production also grew at the fastest pace in 25 months in November, strengthening the case for the central bank to raise interest rates in the first half of this year
FTT Trading Desk: www.fttcurrency.co.uk
11thJanuary 2010 12:00pm - Market news
China's exports rose 17.7pc in December suggesting the country has overtaken Germany as the world's largest exporter and compared to a year earlier, breaks a 13-month decline in trade as a result of the global recession. The figures suggests China will surpass Germany's export total for the whole of 2009, although this will not be confirmed until Germany's full-year data is published in February.
FTT Trading Desk: www.fttcurrency.co.uk
8th January 2010 13:30pm - Market News
The major U.S. index futures opened lower and the Dollar lost ground against the majors after the monthly non-farm payrolls report, which revealed that job losses of 85,000 were much worse than expected with some analysts expecting a plus figure of 25,000.
FTT Trading Desk: www.fttcurrency.co.uk
7 th January 2010 15:00pm - Market News
After vetoing a compensation bill approved by parliament on Tuesday, Iceland's president Olafur Grimsson moved to assure the UK and Dutch governments that the country would repay its debt.
FTT Trading Desk: www.fttcurrency.co.uk
7th January 2010 12:00pm - Market News
The Yen fell sharply against the Swiss franc, the US Dollar and the Euro as media reports said that Japan's newly appointed finance minister Naoto Kan has called for a weaker yen in order to aid the recovery of the Japanese economy. However, despite pesistent fears of a double-dip recession, the Japanese economy may announce a strong output for the fourth quarter on the back of strong exports and a mild improvement in domestic demand.
FTT Trading Desk: www.fttcurrency.co.uk
6th January 2010 11:00am - Market News
Iceland's Finance Minister said his government will not default after its debt was downgraded to junk following a presidential veto of a depositor bill that had sought to repair investor relations. Iceland is relying on a USD 2.1 billion loan from the IMF and a USD 2.5 billion loan from Nordic countries.
FTT Trading Desk: www.fttcurrency.co.uk
4th December 2010 11:00am - Market News
Chinese manufacturing grew by the biggest margin in five years in December, fuelling growth expectations for the world's third-biggest economy. Signs of a global economic recovery has generated optimism concerning demand for commodities with manufacturing activity in Europe and Asia also rebounding, adding to recent evidence that growth is solidifying.
FTT Trading Desk: www.fttcurrency.co.uk
23rd December 2009 15:00pm - Market News
Purchases of new homes in the U.S. unexpectedly fell last month, indicating a recovery from the worst housing slump since the Great Depression will be slow to develop and maintain.
FTT Trading Desk: www.fttcurrency.co.uk
22nd December 2009 15:30pm - Market News
Dubai World will present a standstill offer to banks in early January as the state-owned company aims to restructure 22 bn dollars of debt. Moody's Investors Service also cut Greece's credit ratings, just days after Standard & Poor's lowered its ratings for the country, building further pressure on Greek authorities to reduce its budget deficit and debt.
FTT Trading Desk: www.fttcurrency.co.uk
21st December 2009 11:00 am - Market News
Representatives of Dubai World bank creditors are expected in the emirate today for a first meeting between the debt laden conglomerate and its creditors since the company announced last month that it would be seeking a standstill agreement on its debt repayments for at least six months.
China has announced it is targeting economic growth of 8pc in 2010, despite the continuing effects of the global downturn.Beijing has targeted 8pc growth for the past few years, and has yet to fall short of the target.
FTT Trading Desk: www.fttcurrency.co.uk
18 thDecember 2009 15:00pm - US Market News
Ben S. Bernanke won backing for a second term as chairman of the Federal Reserve, overcoming criticism that the central bank failed to head off the deepest financial crisis since the Great Depression.
FTT Trading Desk: www.fttcurrency.co.uk
18th December 2009 11:00am - Market News Update
The European Central Bank said Euro-region banks may have to write down an additional 187 billion euros as loans to property companies and eastern European nations threaten the recovery in financial markets. The ECB also said Eastern European stress tests show the region's banks are resilient enough to withstand financial shocks even as higher joblessness and corporate default threaten to swell lenders' losses.
FTT Trading Desk: www.fttcurrency.co.uk
15th December 2009 11:00am - Market News
Greek Prime Minister George Papandreou announced a raft of austerity measure to reign in a soaring budget deficit in a bid to reassure Europe and investors that he was taking emergency action to rescue the country from the worst crisis in decades.
FTT Trading Desk: www.fttcurrency.co.uk
14 th December 2009 12:00pm - Market News
Abu Dhabi stepped in to support fellow United Arab Emirates member, Dubai with a 10 bn dollar injection, of which 4.1 bn was allocated to the troubled state-owned conglomerate Dubai World to pay its immediate bond obligations. The company's property development operation, Nakheel, needed the money to pay investors in an Islamic bond which was due to mature today.
FTT Trading Desk: www.fttcurrency.co.uk
11th December 2009 13:30pm - Market News
China has shown further signs of economic recovery with factory output surging and its slump in exports easing. Industrial output in November rose to its strongest position since June 2007, rising 19.2pc from a year earlier.
US retail sales in November again rose by more than expected, according to official figures with sales rising 1.3pc, its biggest gain in four months.
FTT Trading Desk: www.fttcurrency.co.uk
10th December 2009 15:00pm - Market News
The Australian Dollar soared against other major currencies lifted by Australia's stronger than expected jobs report for November. The report showed that employers added more than six times the number of jobs forecast by economists in the past month.
FTT Trading Desk: www.fttcurrency.co.uk
EU Raises 2010 GDP Forecast as Deficits (source: ForexNewsOnline)
The euro-area economy may expand 0.7 percent next year, the European Commission said, raising its forecast even as budget deficits and jobless ranks swell further. (source: ForexNewsOnline) - RSS widgets and RSS feeds on Feedzilla.com
Disappointing data weigh on sterling (source: FT)
Sterling lost ground on Tuesday as disappointing economic data and renewed concern over the UK's banking sector and fiscal health weighed on the pound (source: FT) - RSS news feeds and Widgets on Feedzilla.com
Beijing still keen to buy US bonds (source: FT)
China's investments in US Treasury bonds are continuing 'every day' and should not be politicised, according to the head of China's foreign exchange administration, which manages $2,400bn in forex reserves (source: FT) - News widgets and RSS feeds on Feedzilla.com
Currencies: Dollar up; rating agencies revive debt worries (source: Market Watch)
The U.S. dollar gains versus the euro and British pound, finding support amid ongoing worries about debt problems in the euro zone and the U.K. (source: Market Watch) - News widgets and RSS feeds on Feedzilla.com
Currencies: Dollar turns up as U.S. stocks give up gains (source: Market Watch)
The dollar took its cues from equities markets Monday, as investors' falling risk appetite favored the greenback over riskier assets. (source: Market Watch) - RSS feeds and Feed widget on Feedzilla.com
Currencies: Dollar falls vs. euro as Greece fears subside (source: Market Watch)
The dollar turns lower against the euro and the pound but stays higher against the yen, tugged by news about Greece and U.S. payrolls data. (source: Market Watch) - RSS widgets and RSS feeds on Feedzilla.com
Currencies: Dollar up after U.S. data, Europe's rate news (source: Market Watch)
The U.S. dollar gains versus the euro and other major currencies after a surprisingly weak report on U.S. home sales triggers worries about the pace of the economy's recovery. (source: Market Watch) - News widgets and RSS feeds on Feedzilla.com
Euro Headed Below 1.55 (source: AME)
- Dollar Rally Set to Continue - British Pound Falls as UK Consumers Cut Back (source: AME) - RSS widgets and RSS feeds on Feedzilla.com
The ECB Has Room to Raise Interest Rates?! (source: AME)
- Dollar Rallies on Strong Data, but Watch Out for a Big Week - Is the UK Headed for a Recession? (source: AME) - RSS widgets and RSS feeds on Feedzilla.com
Euro Extends Losses on Disappointing Data (source: AME)
- US Dollar: The Best of the Worst? - Euro Extends Losses on Disappointing Data - British Pound Gets Killed by Retail Sales (source: AME) - News widgets and RSS feeds on Feedzilla.com
Will the US Dollar Continue to Rally? (source: AME)
- New Zealand Dollar Hits 6 Month Low After RBNZ Rate Cut - Will the US Dollar Continue to Rally? - Euro Could Come Under Further Pressure on German IFO Report (source: AME) - RSS news feeds and Widgets on Feedzilla.com