May 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 – April in review

Activity falls off a cliff

Johnson’s absence leaves a gaping hole
Bank of England injects liquidity
Government guarantees SME loans
Sterling recovers but upside limited

GBP – May what to watch

Limited lifting of lockdown

Johnson’s return to signal preparations
Q1 GDP set for May12th
Activity indices to continue to fall
Sterling to fall again?

USD – April in review

Fed steps up to the plate

Interest rates cut to zero
Trump’s approval rating plummets
30 Million jobless claims
Q1 GDP collapses by 4.8%

USD – May what to watch

Fed to remain on hold

Rate to remain at zero
Dollar to fall as risk appetite grows
States under pressure to lift lockdown
NFP on May8th to collapse

EUR – April in review

ECB on its own

Lack of unity clear to see
Activity falls by 3.8% in Q1
Lagarde ignores Italian plight
The Frugal Five stand firm

EUR – May what to watch

Recession outlast G7 members

GDP to collapse in Q2
Recession could destroy Union
Euro in real danger
Europe facing conditions similar to end of war

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