October 2018 Monthly
Currency Report for SME’s

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

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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 – September in review

Chequers proposals canned

Salzburg summit ends in impasse
Sterling on a rollercoaster
Inflation, retail sales and employment stronger
Bank of England votes 9-0 for no change

GBP – October what to watch

Brexit deadline ever closer

Brexit “Plan B” needed
Higher inflation to pressure Bank of England
Ruling party conference to herald challenge to PM?
Sterling to remain volatile

USD – September in review

China dispute rumbles on

Further tit-for-tat tariffs enforced
Powell risks Trump’s wrath
Russia gets involved in trade dispute
Q2 GDP finalized at 4.2%

USD – October what to watch

Another hike this year?

Fed. signals another hike in 2018.and three in 2019
Dollar to rally as risk aversion and rates support
Trump to exert more pressure on China
Approach of midterms to bring more volatility

EUR – September in review

Draghi allows the mask to slip

Draghi alludes to higher inflation. Retains rate stance
Hungarian PM censored by EU
Italy budget creates concerns
Euro rallies to top of range

EUR – October what to watch

Brexit concerns to hurt Euro

Concerns over post Brexit trade to hurt Euro?
Asset Purchase Scheme to start wind-down
Italy to keep up migrant pressure
Draghi to push for greater fiscal cooperation

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I highly recommend currency transfer

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I am particularly impressed by their personal fast and safe service. Funds usually reach my account within 48 hours.

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