Big news can create big moves in foreign exchange

What a 2020 we’ve had so far, and with the upcoming US election we’re in for more market volatility. This can be a lot to keep up with. So, if you’re in the market to move money and need some currency confidence, OFX can help.

The OFXperts can help you navigate exchange rates with advanced currency tools to help reduce currency exposure:

• A Target Rate Transfer or Limit Order allows you to set a transfer at a target rate. If your rate hits we’ll process the payment to complete your transfer. Simple.
• If you prefer to know when the market hits a specific rate before you transfer, why not set up a Rate Alert? You can set a Rate Alert yourself online or speak with one of the OFXperts.

With a currency risk management strategy in place, you’ll be less worried by volatility. For more insights:

• Learn more about how to prepare for volatility.
• Find out how US election uncertainty might impact the USD and major currencies, now and beyond November 3.

In times like these, don’t forget we have OFXperts available 24/7, day or night who can help you navigate currency volatility.

OFX is a foreign exchange company that helps thousands of clients every year to transfer monies overseas.

In essence they offer sharper exchange rates than the high street banks and have lower transfer fees. Their service is simple to use with 24 hour online access and 24 hour support through our phone based dedicated dealing desk.

Find out below more about OFX, how OFX works, OFX tools, the registration process and why use them instead of a bank.

Read more about OFX and why you can trust them with your money transfer in my post OFX Global Money Transfers (NZForex).