February 2021 Monthly Currency Report for SME’s
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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 – January in review
Brexit? What Brexit?
- Rising infections bring major concerns
- Sunak under pressure
- Brexit a hidden menace
- Sterling range bound
GBP – February what to watch
Lockdown pressure to remain
- Financial services are still a Brexit issue
- Ongoing unemployment a dilemma for Sunak
- Lockdown to remain until Easter?
- Sterling dependent on dollar index
USD – January in review
Biden promises Unity
- Trump impeachment likely to go ahead
- Bipartisan support hopes fade
- Biden warns of two-month Covid horror show
- Dollar index caught in risk vortex
USD – February what to watch
Unemployment the challenge
- Democrats to go it alone?
- China trade talks on the horizon
- Yellen to take up Treasury position
- China to overtake U.S. in five years
EUR – January in review
Banks reticent about lending
- Banks avoiding corporate loans to buy debt
- Euro strength adding to deflation
- ECB remains unmoved by crisis
- Recovery delayed not derailed
EUR – February what to watch
Threat of further departures
- Brexit success driving other nations
- Conte resignation throws Italy into turmoil
- Delay in support hits home as Brussels prevaricates
- Euro to remain relatively strong as dollar wilts
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United States
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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.
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Spain