April 2020 Monthly
Currency Report for SME’s

Energy, Experience, Expertise. Download Your Corporate Foreign Currency Exchange Report

Protect Your Business with Monthly Currency Reports

Our free monthly currency exchange report aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX business. Read more about the impact of exchange rates on international commerce.

Download our free monthly currency report and to keep up to date with key events throughout the month. The free currency reports analyse historical charts and provide the basis for discussion with stakeholders across your foreign exchange business. The monthly currency report provides a useful resource and meaningful insights for currency risk management policies.

For more helpful information for small and medium enterprises, check out our guide to trade finance for UK SMEs.

GBP – March in review

Virus aftermath concerns

  • Sterling collapses in wake of risk aversion
  • Size of bailit means a recession all but certain
  • The Chancellor pledges whatever it takes
  • Interest rates cut to record low

GBP – April what to watch

Lockdown to bring recession

  • Ongoing lockdown to bring economic chaos
  • New BoE Governor ready to add monetary stimulus
  • Sterling volatility to continue
  • Six months of disruption likely

USD – March in review

Jobless claims over three million

  • Powell holding the reins
  • Bailout equal to 10% of GDP
  • Trump's Easter return shot to pieces
  • Jobless claims over 3 million

USD – April what to watch

First post-virus NFP dreaded

  • NFP to be decimated?
  • Dollar volatility to remain
  • Recession indicators to be published
  • Further stimulus likely

EUR – March in review

Each of their own adds to chaos

  • A fairweather union?
  • Stimulus a band aid an amputation
  • Euro suffering as dollar remains strong
  • Recession could see 8% GDP contraction

EUR – April what to watch

Fears over collapse of Eurozone

  • Brussels in the eye of the storm
  • Coronabonds the only solution?
  • Growth and Stability dead in the water?
  • Euro parity becoming more likely

Don’t take our word for it.
see what others are saying

Great experience!

Great experience! Noam was very thorough and communicative. He was helpful throughout the process, and I felt very comfortable turning to him for any questions. I would definitely recommend to my friends, and continue using for future transfers!

Nicole Simon

Israel

5 star rated

I highly recommend currency transfer

I highly recommend currency transfer. Having used their services for over seven years.

I am particularly impressed by their personal fast and safe service. Funds usually reach my account within 48 hours.

A personal thankyou to Nathan who is always available to answer any technical questions.

I highly recommend their services.

Mitchell Taylor

Israel

5 star rated

OUTSTANDING Service, super speed. 12/10

OUTSTANDING! Amazing service and super speed, smooth and efficient. I have a direct link to my account officer if I need. And best of all I am saving $00s every time compared to the daylight robbery rates the banks were giving me previously. Only a simpleton would use the main banks for any currency transfers. 12/10.

Shlomo

United Kingdom

5 star rated