May 2021 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 – April in review

New rows a factor of majority

Boris’ wallpaper causes a stir
Recovery begins in earnest
IMF upgrades 2021 GDP prediction
Sterling rising against weaker dollar

GBP – May what to watch

Sterling to feel the Pressure

Next level of roadmap due on 19th
Johnson to face official probe
Economic data to remain positive
Sterling to top out?

USD – April in review

Fed fairly dovish

Powell still concerned about recovery
Vaccination rollout accelerating
Biden presents investment plan to congress
Dollar remains in downtrend

USD – May what to watch

Employment to set the scene

NFP to continue recent trend
Fed watching housing market
PCE inflation to breach 2%
Dollar to remain under pressure

EUR – April in review

ECB lacking resources

Central bank relying on the Fed?
Germany increases GDP outlook
Lockdowns till in full force as third wave continues
Euro strength rolls back inflation fear

EUR – May what to watch

Euro strength to continue

Government debt to become greater concern for ECB
Vaccine rollout to gain momentum
Summer reopening hopes in the balance
Euro to see an exhaustive rally before major fall

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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