November 2018 Monthly Currency Report for SME’s
Download Your Free Currency Report - November 2018
Fill in your details below to receive your digital copy:
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 – October in review
Sterling lower on no deal
- Pound close to year’s low
- May’s Chequers proposals savaged by Brussels
- Budget
- Irish Border continues to delay Brexit deal
GBP – November what to watch
Precautions set to start
- Precautions for no deal Brexit set to commence
- Bank of England to remain vigilant on inflation
- May unlikely to face challenge
- Alternative Brexit plans possible
USD – October in review
Fed ready to hike again
- Fed hikes incur Trump anger
- Dollar challenges year-high
- Q3 GDP surprises market
- Weaker than expected data seen as one off
USD – November what to watch
Midterms to drive Dollar
- Democrats 85% chance to win House vote
- Powell to react to economy not politics
- Trade dispute to re-ignite
- More dollar strength possible
EUR – October in review
Brussels rejects Rome’s budget
- Italian Government defies Brussels
- Summit discards UK Brexit proposals
- Dovish Draghi hits Euro
- Merkel power on the wane
EUR – November what to watch
Contagion concern drives Euro
- Fears that rising yields will affect other countries
- Weakening Euro to attract ECB?
- Deadline for new Italian budget
- Brexit concerns to drive corporate disquiet
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