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ACE-FX Blog

Travel news, tips, holiday inspiration, advice and more...

Recent Articles

Holiday Inspiration

GBPThe pound had another resilient week last week, strengthening by an average of 1.9% against the other major currencies. This is despite the downgrade of Britain’s credit rating by Fitch. The pound’s strength can be attributed to the US Federal Reserve announcing billions of liquidity to stabilise the financial markets. With the UK economy so intrinsically tied to its financial services sector, sterling has seen some relief and gains despite market...

Holiday Inspiration

There is no such thing as a fee-free rate if you are sending money abroad with your bank. Whether you are gifting, paying a supplier, or wiring emergency funds – just avoid the bank. If you want to prevent getting ripped off, read this: Bank systems are slowHave you ever heard of SWIFT? What makes the money move around the world is Society for Worldwide Interbank Financial Telecommunication.However, how fast...

Holiday Inspiration

If you’re going abroad on a trip, making sure you’ve got some local currency in cash is an essential part of your trip preparation. Yes, credit and debit cards are accepted pretty much everywhere, but it’s always useful to have some cash wherever you’re going. Whatever you do, don’t leave your currency purchase until you get to the airport. There are several travel money exchange opportunities in every airport departure hall and although they’ll do in an e...

Holiday Inspiration

A country’s foreign exchange rate is one of the most critical ways in which its economic health is judged, partly why it is so regularly scrutinised and re-evaluated. For you, it’s important to be aware of changes in the exchange rate and factors that may influence it, as this will directly impact how much you will get for your money and when you should be doing your foreign currency transfers.2019 is set to be a turbulent year in the UK political and econ...

Holiday Inspiration

Brexit and its aftermath have thrown the currency market into chaos. Worst off though are the regular people who are unwittingly losing tons of money when they exchange their currency. Figures show that 9 in 10 Brits will overspend on their holiday budget this year because of uncertainty about exchange rates or a lack of knowledge surrounding the current market fluctuations. Worryingly, the report found that 75% of people don’t check exchange rates before...

Holiday Inspiration

We’re all after ways to save money while we travel. With this in mind, we’ve put together 10 of the very best travel hacks which will help you to do just that. From being smart when it comes to exchanging currency and using your phone abroad, to learning how to live like a local once you’re there, read on for some of the best travel hacks that are guaranteed to help you save money and enjoy more budget travel! Be savvy when booking flightsOne of the best travel hacks to save money, there are cou...

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