May 2018 Monthly
Currency Report for SME’s

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

Download Your Free Currency Report - May 2018

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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

Carney questions rate hike

  • BoE Governor not convinced
  • Sentiment turns against Sterling
  • Inflation falls to 2.5%
  • Incomes outstrip prices

GBP – May what to watch

MPC still unsure

  • Hike seen at 50/50
  • Brexit concerns remain
  • Local elections to pressure Government
  • Pound likely to remain under pressure

USD – April in review

Trump foreign policy successes

  • Syria and North Korea raise risk appetite
  • Long-term yields reach 3%
  • Inflation remains benign
  • Dollar index above short-term resistance

USD – May what to watch

Wages growth to spur FOMC

  • Employment report to provide a clue on FOMC
  • N. Korea summit announcement expected
  • Mnuchin to visit China?
  • Short-term dollar sentiment to remain positive

EUR – April in review

Business confidence fading

  • ECB continues in dovish mood
  • Euro remains within range
  • Bad debt overhang remains
  • Eurozone still short of complete Monetary Union

EUR – May what to watch

Non-financial issues a concern

  • A campaign to replace Draghi set to begin
  • Refugee crisis to raise political temperature
  • EU reform plans to be revealed
  • Brexit trade concerns to spill over

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 Currencytransfer.com 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.

Alex

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

Spain