December 2020 Monthly
Currency Report for SME’s

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

Download Your Free Currency Report - December 2020

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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 – 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

The best I've found

I just completed my first transaction (GBP to USD) with CurrencyTransfer and I will certainly be coming back whenever I have a currency need. Account setup was smooth — even with all the regulatory hoops. They were efficient, responsive, flexible, and the web-based trading interface gave me an excellent rate, close to spot. Once I'd settled the trade, the funds we're transferred to the destination bank almost immediately. What more could you want?

Daniel R

United States

Highly customised support

Used in connection with a house purchase in France. Involved a mixture of forward and spot transactions, and several adjustments to take into account changing deadlines. The team there provided a highly personalised service, pulling out all the stops to ensure the funds arrived on time after delays elsewhere. Would highly recommend for complex, high value transactions, and am planning to use them regularly from now on to top up my French bank account.


United Kingdom

Excellent Service

I have made two transfers so far and all has gone smoothly. Good exchange rates when compared to other exchange sites, and notifications at every step to keep you informed. Queries, if you have them, are answered promptly via personal email. So far excellent service.

Peter K