May 2018 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 – April in review

Carney questions rate hike

  • BoE Governor not convinced
  • Sentiment turns against Sterling
  • Inflation falls to 2.5%
  • Incomes outstrip prices

GBP – May what to watch

MPC still unsure

  • Hike seen at 50/50
  • Brexit concerns remain
  • Local elections to pressure Government
  • Pound likely to remain under pressure

USD – April in review

Trump foreign policy successes

  • Syria and North Korea raise risk appetite
  • Long-term yields reach 3%
  • Inflation remains benign
  • Dollar index above short-term resistance

USD – May what to watch

Wages growth to spur FOMC

  • Employment report to provide a clue on FOMC
  • N. Korea summit announcement expected
  • Mnuchin to visit China?
  • Short-term dollar sentiment to remain positive

EUR – April in review

Business confidence fading

  • ECB continues in dovish mood
  • Euro remains within range
  • Bad debt overhang remains
  • Eurozone still short of complete Monetary Union

EUR – May what to watch

Non-financial issues a concern

  • A campaign to replace Draghi set to begin
  • Refugee crisis to raise political temperature
  • EU reform plans to be revealed
  • Brexit trade concerns to spill over

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

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

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