December 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 – November in review

Brexit negotiations continue

Both sides coming slowly to their senses
Sunak believes economic nightmare just beginning
Economy to shrink by 10.3%
Vaccination news brings a degree of hope

GBP – December what to watch

UK to return to tiers

Tiered restrictions to last until March
Hospitality sector in danger of decimation
Brexit trade deal to be done?
Sterling to run out of steam?

USD – November in review

Trump's non-concession

Trump agrees to let Biden in
Employment data starting to turn negative
Powell and Mnuchin in relief spat
Dollar falls on vaccine hopes as risk appetite rises

USD – December what to watch

Data to bely economic reality

Activity data to remain positive
Return of Yellen positive for cooperation
Fed. to remain watchful
Trump to finally use the word, concession?

EUR – November in review

Economy on the edge

Data for every sector falling
Future expectations at historical low
Germany extends lockdown to Dec.20
ECB policies in chaos caused by deflation

EUR – December what to watch

A third lockdown?

A third lockdown in Spring is possible
Vaccine becoming the region’s Hail Mary
Travel industry hit by Ski resort closures
Euro to hit 1.20?

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