September 2022 Monthly
Currency Report for SME’s

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

Download Your Free Currency Report - September 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 – August in review

Energy prices continue to rise

Inflation tops 10%
Race to be PM hots up
Services activity supports economy
Sterling retraces versus stronger dollar

GBP – September what to watch

New Prime Minister to be elected

Average energy bill to rise to £3.5k p.a.
Truss put in the hot seat
Inflation to continue to rise
Sterling to remain under pressure versus dollar

USD – August in review

Powell sets scene for more hikes

Economy OK despite technical recession
Employment reports remain positive
Housing market feeling the effect of rate hikes
Dollar reacting to risk appetite

USD – September what to watch

Economy continue to bump along

Fed prepared to push the economy into recession
Economy likely to grow in Q3
Inflation to continue to rise
Dollar to remain strong into fourth quarter

EUR – August in review

Euro falls through parity

Weaker euro, driving inflation higher
Economy weakening at a rapid rate
Energy rationing a major consideration
Euro facing resistance around parity in short term

EUR – September what to watch

ECB set for another hike

Central Bank facing pressure
Germany and France, leading economy into recession
Manufacturing output to continue to decline
Euro unlikely to experience buying interest

Don’t take our word for it.
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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