November 2020 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 – October in review

Walkout threat Barnier

London gets tough with Brussels
Sunak provides further support
Tier Three lockdowns bring conflict
Sterling supported over Brexit but unable to rally

GBP – November what to watch

England to return to lockdown

One month lockdown announced
Brexit talks to continue
Rising unemployment to drive economic concerns
Sterling is unlikely to rise without a Brexit deal

USD – October in review

Relief deal still in the balance

Relief deal still possible with a little compromise
Trump to continue election disruption
Employment outlook beginning to improve
Q3 GDP good but...

USD – November what to watch

Election to provide drama

Election to create volatility
Employment data to determine pace of recovery
Fed waiting for stimulus Bill before acting
Trump unlikely to change much economically

EUR – October in review

ECB considers further stimulus

ECB to wait for more evidence
Covid cases rising exponentially
Inflation targeting a difficult choice
Euro remains in narrow range

EUR – November what to watch

Euro strength still an issue

Euro strength adding to deflation
Fears of double dip remain
Consumer spending to fall
Lagarde unable to command unity

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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