Godi's Forex Newsfeed.
“At Godi we want to set a new standard of market insights, education and expert delivery to help you make an informed decision across all manner of your global financial transactions.”
Paul Langley Managing Director
Halfords the latest victim of sterling weakness
British car parts and bicycle company Halfords is the latest retailer to report profit losses resulting from a weak pound, and the trend of losses will likely continue for companies that do not implement an appropriate foreign exchange (FX) strategy during such uncertain times.
Pound plunges despite Bank of England raising interest rates for first time in over a decade
Find out how the currency markets have reacted to the Bank of England's interest rate hike from Brett Thomas, Head of Dealing at Godi Financial.
International trade event provides businesses with optimism for expansion overseas
Brexit may have caused concern for many businesses with plans to expand into international markets, but much optimism was provided to those with such prospects at a recent event which saw experts from the international trade sector share their knowledge and experiences of successfully entering overseas markets.
Businesses should prepare for currency swings ahead of Germany’s election
Germany’s Federal Elections will take place on Sunday 24 September 2017. Despite polls suggesting the current Chancellor of Germany, Angela Merkel, will yet again be victorious and continue to lead the country, markets are nonetheless likely to react to the event, which could catch many businesses off guard, due to potentially significant currency swings.
Rugby stars celebrate Alun Wyn Jones’ testimonial year with London event
Stars from the sporting world gathered at The Brewery in Chiswell Street, London last night, as the first major event of Welsh rugby legend Alun Wyn Jones’ testimonial year took place.
Godi partners with leading SME business finance platform
Godi is conintuing to help small and medium sized enterprises (SMEs) thrive through forming a partnership with Alternative Business Funding (ABF) - an organisation that provides commercial lending solutions for SMEs.
White Stuff’s profit losses should serve as a warning to SMEs with FX exposure
British fashion and lifestyle brand White Stuff is the latest company to report significant profit losses due in part to increasing currency costs.
Customers being left out of pocket as currency accounts soar
Concerns are being raised about customers receiving unfair foreign exchange deals from their bank when moving funds between currency accounts.
Businesses continue to be stung by misleading FX practices
Businesses and consumers are once again bearing the brunt of poor foreign exchange (FX) practices, as banks and major FX brokers are cautioned against misleading customers into thinking they can achieve a more favourable rate through the use of inadequate currency converter tools.
More businesses will face consequences of delayed hedging
With recent news reports claiming retailer Sports Direct has suffered a 60% drop in profits as a result of a weaker pound, businesses are urged to act now or face being the next victim of a volatile currency market.
CommonwealthFirst Export Day: SMEs warned to take action against FX risks
With uncertainty likely to prevail in coming months and even years, protecting a business’ position by way of a robust FX strategy now needs to be a priority, Luke Walden FX specialist at Godi, told SMEs at an export event in Westminster, London.
Godi welcomes industry clean up with new code of conduct
The long-awaited FX code of conduct is released - helping lead the way in promoting integrity, effective trading and good practice in the foreign exchange market.
Businesses need to act now on struggling Sterling as election polls narrow
With political and economic uncertainty continuing in light of the imminent UK general election, establishing a robust FX strategy is of utmost importance now more than ever. Ignoring the impact of the election result on currency fluctuations could spell disaster for businesses with FX risk exposure.
FX experts address business community on Brexit outlook
Implementing a robust strategy to manage currency fluctuations, especially in light of current political and economic uncertainty, is of utmost importance to organisations now more than ever, Paul Langley told the business community at an event at Cardiff University yesterday.
Robust FX policy helps glass business expand globally
A Welsh glass recycler, is confident that its business objectives will not be put on hold in light of political and economic uncertainty, as a result of establishing a robust FX strategy.
Five factors influencing further FX volatility
Key factors likely to trigger further turbulence in the currency markets.
OSTC Foreign Exchange becomes Godi
OSTC Foreign Exchange has relaunched as Godi Financial establishing a new brand identity that more strongly reflects its end-to-end international trade offering.
Sterling recent volatility – but where next?
Luke Walden, Business Development Manager at OSTCFX, provides his views on the currency market.
Experts address issues surrounding international trade ahead of Brexit
Implementing a robust strategy to manage currency fluctuations, especially with the triggering of Article 50 imminent...
Fall in sterling continues to impact big businesses – and their customers
Consumers will likely have to continue to bear the brunt of price increases on a range of products and services due to the depreciation...
FX currency misconduct shows need for transparency
A number of legal cases have recently emerged by companies alleging they have been mis-sold complex currency...
FX management is now critical
Implementing a robust strategy to manage currency market fluctuations is now more critical than ever as the UK’s departure...
Theresa May’s 12 point Brexit Plan
Luke Walden, Business Development Manager at Godi provides a round-up of Theresa May’s Brexit Plan.
Trump’s inauguration to trigger further FX volatility
The inauguration of president-elect Donald Trump is fast approaching. Ten weeks after he took the world by surprise by...
Four drivers of currency volatility in 2017
While 2016 was defined by unpredictability and the resulting volatility in the FX markets, there is much more to come in 2017...