November 2017 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 – October in review

Brexit and rates drive pound

  • Brexit progress non existent in real terms
  • Inflation still climbing
  • Threat of Parliamentary revolt over Brexit final vote
  • GDP just about rising QoQ

GBP – November what to watch

First rate hike in a decade

  • Can Sterling curb slide post hike?
  • Voting numbers crucial to point to future MPC actions
  • Interest rates will rise by 0.25 per cent
  • Brexit becalmed for now

USD – October in review

A greenback comeback!

  • Monetary policy favouring dollar strength
  • Powell or Taylor likely to succeed Yellen
  • Fiscal reform and economic stimulus no nearer fruition
  • Fiscal reform and economic stimulus no nearer fruition

USD – November what to watch

Monetary policy driving Dollar

  • Employment data expected to bounce back
  • Fed chair to be revealed
  • Inflation to remain benign
  • Trump to remain hawkish on Pyongyang

EUR – October in review

Running out of steam

  • Dovish ECB pushes Euro lower
  • ECB cuts size of QE but extends period
  • Catalan independence driving nationalism

EUR – November what to watch

Clouds on the horizon

  • Euro under pressure as nationalism returns
  • Interest rate differentials to see test of 1.1480 support
  • Budgetary concerns over Brexit to drive tough stance

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