May 2019 Monthly
Currency Report for SME’s

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Download Your Free Currency Report - May 2019

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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

Brexit on the back burner

  • Return from Easter break brings no new initiative
  • Sterling remains in narrow range
  • Bank of England on hold as inflation controlled
  • Employment at new record

GBP – May what to watch

Government election drubbing

  • Local elections to illustrate public opinion
  • Withdrawal Bill to resurface?
  • Sterling reactive to Brexit speculation
  • May withdrawal hopes fading

USD – April in review

GDP raises more questions

  • GDP beats expectations. But…
  • One-offs dampen expectations
  • Employment returns to trend
  • Biden confirms Presidential campaign

USD – May what to watch

FOMC to hold off on rates

  • FOMC on hold despite renewed expectations
  • Employment data the leading indicator
  • No trade break though imminent
  • Trump to kick off re-election campaign

EUR – April in review

GDP allays recession fears

  • GDP confirms economy at rock bottom
  • Germany struggling to find domestic demand
  • Spain lurches to the right in elections
  • Italy set to break budget cap

EUR – May what to watch

ECB to continue in hopeful mode

  • Draghi to continue upbeat rhetoric
  • ECB looking for H2 turnaround
  • “PIGS” still a drag on growth
  • Italian Growth “lucky” to reach 0.2% in 2019

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