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Business Currency | Trade Finance Currency Solutions | 2020 FX Hub

TFG Business Currency Guide

Trade Finance Global / Business Currency | Trade Finance Currency Solutions | 2020 FX Hub

Introduction to FX & Currency

Trade Finance Global are experts in foreign currency for business, with a wealth of useful information on currency products, international money transfer and expert traders to help you manage currency risk and trade abroad in all major currencies.

Featured Insights

What’s next for the pound? – Quarterly Currency Forecast Smart Currency Business have collated predictions from major banks and highlighted key factors which may influence the pound, euro and dollar in their latest quarterly forecast.
Wild Wednesday – COVID-19s impact on lending and SMEs TFG explores the current fiscal stimulus as a result of COVID-19 and how it might affect UK SMEs, as well as the overall market reactions from Coronavirus
VIDEO: BAFT Overview of Trade Finance Compliance Issues & Challenges TFG’s Editor Deepesh Patel spoke to Stacey Facter, BAFT’s Senior Vice President for Trade Products, during BAFT’s Global Annual Meeting, held in Frankfurt from January 13-15, 2020. Anti-money laundering (AML) and sanctions were key compliance themes at the meeting, so TFG caught up to discuss how these could be tackled moving forward, and what’s in stock for 2020.

Access trade, receivables and supply chain finance

We assist companies to access trade and receivables finance through our relationships with 270+ banks, funds and alternative finance houses.
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Videos – Currency & FX

Business Currency Podcasts



Currency & FX – Frequently Asked Questions

Why is currency hedging important?

Recent events around trade wars and referendums have driven volatility in major FX markets. As a result, the volatility of currencies has increased significantly and is now becoming a common occurrence. Managing volatility and currency risk are key for any business owner; the management strategy a company undergoes is critical for its success, a healthy balance sheet and reliable transfer of currency from overseas customers. Furthermore, margins are often squeezed as a result of increased regulatory scrutiny and KYC requirements.

There are an increasing range of FX instruments and products that if implemented, can help companies in the form of risk management. Risks include:

  • Exchange rate volatility
  • Political risk
  • Interest rate changes
  • LIBOR and INTERBANK rate changes

When trading in exotic currencies, the fluctuations and volatility of currencies are a lot more than common FX pairs. So risk management, hedging of currency risk and monitoring FX changes is critical to the business owner, especially if margins are thin (e.g. for commodities traders and producers).

Various strategies are used to manage currency risk and these usually involve using spot contractsoptions, and forwards.

Who are Trade Finance Global's currency team?

The Trade Finance Global team are experts in trade finance, helping businesses trade domestically and overseas. Currency solutions for businesses are vital to protect margin and revenue for any business, especially during times of foreign exchange volatility.

With simple planning, talking to experts, and implementing strategies which can help protect your business, maximise returns when trading in different currencies and reduce the risk, Trade Finance Global is the only multi-product solution for trading overseas.

Strategic Partners


Contents

Access trade, receivables and supply chain finance

We assist companies to access trade and receivables finance through our relationships with 270+ banks, funds and alternative finance houses.
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Latest News

28Jul

What’s next for the pound? – Quarterly Currency Forecast

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Smart Currency Business have collated predictions from major banks and highlighted key factors which may influence the pound, euro and… Read More →

10Jul

UK inward investment projects increase in 2019

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Figures from the Department for International Trade published today (10 July), show the UK attracted 1,852 new inward investment projects… Read More →

03Jul

Local Currency System (SML) – secret ingredient for trade flow recovery

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The Local Currency System – SML – resurfaces as an alternative to recover trade flows not only in the Mercosur… Read More →

24Jun

Organisations face increasing operational challenges due to domino effect of Covid-19

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Irrespective of size, sector or country the economic and social impact of the pandemic has expanded, and challenges are growing… Read More →

19Jun

Why should Canadian SMEs leverage trade credit insurance post COVID-19?

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SMEs need to explore innovative financing options like trade credit insurance as they plan and prepare for the “new normal”…. Read More →

18Jun

A Bankers Dilemma – Stretching the Operating Cycle for Trade Credits

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By leveraging technology for insights, a banker can make well-informed decisions, in compliance with audit and ethics, which are in… Read More →

27May

Quarter of SME Merchants were Borrowing Funds to Pay Business Costs or Salaries – Even Before Covid-19

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London, 27th May 2020 – Europe-wide research commissioned by innovative financial infrastructure provider Banking Circle has found that nearly two… Read More →

26May

Finastra Global Survey Shows Appetite for Open Banking Picking Up Pace Worldwide

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86% of global banks surveyed are looking to use open APIs to enable Open Banking capabilities in the next 12… Read More →

22Apr

Where will the pound be by summer?

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Here the story has been less dramatic. After the initial collapse in the pound to a 35-year low against the… Read More →

30Mar

Coronavirus and its impact on currencies

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Unexpected and unpredictable, COVID-19 has already made a huge impact on global economies and markets, including the currency market. … Read More →

12Mar

Wild Wednesday – COVID-19s impact on lending and SMEs

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TFG explores the current fiscal stimulus as a result of COVID-19 and how it might affect UK SMEs, as well… Read More →

03Mar

ISO 20022 and Trade Finance

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ISO 20022 is the messaging standard for all types of financial services messaging. Dominic Digby discusses ISO 20022 for trade… Read More →

23Jan

VIDEO: BAFT Overview of Trade Finance Compliance Issues & Challenges

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TFG’s Editor Deepesh Patel spoke to Stacey Facter, BAFT’s Senior Vice President for Trade Products, during BAFT’s Global Annual Meeting,… Read More →

16Jan

VIDEO: ECB’s Yves Mersch’s Reality Check: Digital versus Crypto Currencies

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Currency is part and parcel of monetary policy, and a public mandate of the European Central Bank (ECB). TFG’s Editor,… Read More →

04Jan

US Economic Expansion Is Driven Through Consumer Savings

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American consumers are currently sitting on a fairly huge nest egg. Equity is at a higher level than ever before,… Read More →

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