The Finseta Blog

Value realisation of non-core small e-money institution to generate c. £600k Cornerstone FS Plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, is pleased to announce that it has entered into a share purchase agreement (“SPA”) for the sale of its non-core subsidiary, Avila House Ltd. (“Avila”), […]

With all the drama of the last couple of years, we’re all hoping that 2023 will be calmer, quieter and less eventful. Being so close to the start of the year, we can’t predict what will happen or when certain events will be. There are some definite ones though that we’ve listed below. In January… […]

Last week we looked at the world’s ten strongest countries and the reasons behind their high value. Following on, below we are looking at the reverse, which are the world’s least valuable currencies and why. ?? Colombian Peso (COP) £1 = 5,857 Throughout the last 50 years, the Colombian Peso has been subject to rampant […]

The currency markets have lacked direction this week with the major currency pairs stuck in a range.  As we mentioned last week, this is in large part due to the market anticipating a few consecutive big days of economic data and announcements next week. On Tuesday we’ll see US inflation data released followed by an […]

On a daily basis a currency’s value will change against another. When looking at their relative strength, it’s common to compare them against one of the major reserve currencies like USD, EUR or GBP.  Using data from Nov 2022 , we’ve compiled a list of the world’s ten most valuable currencies and explained why they have […]

It’s been a pretty quiet week once again for the UK economy. There have been no major economic data releases, events or political activity. Sterling has to therefore benefitted from a comparatively negative week across the other side of the Atlantic. This week saw ‘worse than expected’ manufacturing and employment data which has had an […]