October 2019 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 – September in review

Suspension unlawful

High Court deems prorogue unlawful
Parliament passes Bill to “take no-deal off the table”
Sterling begins fresh “Brexit fall”
Inflation concerns grow

GBP – October what to watch

This is it!

UK to leave the EU at the end of the month
Prime Minister determined not to ask for an extension
New agreement to be discussed at EU Summit
General Election in abeyance until extension agreed

USD – September in review

Threatened with impeachment

Implicit threat to Ukraine over Biden
FOMC cuts rates but no advance guidance
Dollar at its highest level in two years
Mixed data spreads uncertainty

USD – October what to watch

FOMC unlikely to cut again

FOMC on hold until 2020
Employment data to drive expectations
Activity data close to contraction
Dollar index to reach 100?

EUR – September in review

Data predicts a recession

“Bottoming out” theory shattered
Euro depreciation accelerates
Draghi enters his final month as President
ECB unable to arrest the slide

EUR – October what to watch

Q3 GDP to confirm the recession

EU Summit to decide Brexit
Lagarde to bring more inclusion
Germany to go it alone?
Growth and stability under pressure

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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