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Major movements, but where to next?

On February 5, 2010 By
What a frantic January in the currency markets. The general theme of the last month has been Shekel strength. We have seen gains for the Shekel against the US Dollar, moving from 3.8′s to the mid 3.6′s and back to just over 3.7. Sterling is currently at 5.88 against the shekel, moving from above 6. [...]
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Interest Rates up Again!

On December 29, 2009 By
Last night Governor of the Bank of Israel Stanley Fischer put interest rates up by 0.25 basis points to 1.25%. This is the second month in a row that he has put interest rates up. Whilst this wasn’t a surprise, some analysts thought interest rates would stay on hold this month and go up next [...]
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Interest Rate decision time for the Governor!

On August 24, 2009 By
Today at 5:30 the Bank of Israel announces their decision on interest rates for next month. Stanley Fischer has a very difficult decision to make as he has to weigh up to major factors: 1. Inflation – the inflation level in Israel is currently at 3.5% which is above the government target of 1-3%. Putting [...]
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What next?

On August 17, 2009 By
Wow, its been one heck of a ride since I last wrote. We had the announcement from the Bank of Israel that they are stopping their Dollar purchasing program, CPI (inflation) figures that inflation is above the governments target of 1-3% currently at 3.5% , and GDP figures that show the Israeli economy is now [...]
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Can the Bank of Israel beat the Dollar?

On August 5, 2009 By
What an unbelievable week we have had. The Shekel has been yo-yo ing more than I have seen in the last 8 years of being in this industry. Sterling was happily trading at around 6.4, the Euro at 5.4 and the Dollar not so happily at 3.93. We then had the comments and rumour mill [...]
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The new IsraTransfer website and Blog

On July 22, 2009 By
Yes we admit it, our last website was poor………but at least we have done something about it! We aim to provide you with much more information and a lot more interactivity with you our clients. If you have any ideas for our website or services you want us to offer please let us know. We [...]
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