August 2020 Monthly
Currency Report for SME’s

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

Read the latest currency report

With a roundup of the most impactful events of the previous month and a look at up and coming events may affect you in this coming month. Avoid being caught by surprise when the markets move.

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 – July in review

Sterling breaks 1.30 vs. dollar

China vows revenge over Hong Kong and Huawei
Sterling rallies on back of Haldane comments
Johnson reacts with anticipation over second spike fears
Sunak’s plans need more time

GBP – August what to watch

Brexit to provide impetus

Brexit negotiations continue as trade hopes grow
Sterling to struggle to make further ground
Q2 growth expectations rise despite negativity
Johnson to remain alert over quarantine

USD – July in review

Trump considering election delay

Q2 GDP worse than expected
Dollar fall becoming a trend
Fed stands ready to act
Unprecedented virus tolls make recovery uncertain

USD – August what to watch

Economy continues to struggle

Powell to act intra-meeting in need
Dollar to remain under pressure
Chinese squabble to escalate under Trump
President needs to find answer to poll gloom

EUR – July in review

Three Cheers for Pandemic Relief

Heads of State finally agree a convoluted package
Second wave rolling across Europe?
Euro makes two year high versus dollar
Banks struggling with debt and regulations

EUR – August what to watch

Banking crisis looms

No dividends bonuses or share buybacks
The Euro's rally is becoming unsustainable
Second wave to be the key to length of recovery
Brexit fears to hit supply chains

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