May 2022 Monthly
Currency Report for SME’s

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

Download Your Free Currency Report - May 2022

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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

Johnson hanging on

Prime Minister staring down the barrel
Inflation continues to rise
Cost of living crisis biting hard
Sterling falls on weak confidence data

GBP – May what to watch

Bank of England to turn dovish?

Slowing economy may see Bank halt cycle
Inflation creeping into strong labour market
Recession concerns growing
Sterling to suffer from monetary divergence

USD – April in review

Dollar waits for Fed

Powell turns hawkish at IMF meeting
Beijing issues hitting U.S. supply chains
Fed speakers favouring 2.50% neutral rate
Dollar powers ahead on Powell comments

USD – May what to watch

Powell to encourage hawks

FOMC expected to hike by 50bp
Shrinking balance sheet will equal two or three hikes
Fed will face tricky balancing act
Dollar likely to gain on policy divergence

EUR – April in review

ECB members turning hawkish

ECB sits on hands at latest meeting
Vice President expects July tightening
Germany admits to energy struggle
Euro breaks below 1.10 support

EUR – May what to watch

Lagarde demands unity

ECB President expects committee members to comply
Hawkish comments drive expectations of a hike
Q1 GDP points to coming recession
Euro will struggle to regain 1.10 level

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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