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.
Figures from the Department for International Trade published today (10 July), show the UK attracted 1,852 new inward investment projects in 2019/2020 financial year, representing a 4% increase on the… read more →
The Local Currency System – SML – resurfaces as an alternative to recover trade flows not only in the Mercosur but also in other regions of the world which can implement it.
Irrespective of size, sector or country the economic and social impact of the pandemic has expanded, and challenges are growing for business and the accountancy profession, reveals ACCA’s Covid-19 global… read more →
SMEs need to explore innovative financing options like trade credit insurance as they plan and prepare for the “new normal”.
By leveraging technology for insights, a banker can make well-informed decisions, in compliance with audit and ethics, which are in the best interest of the bank.
London, 27th May 2020 – Europe-wide research commissioned by innovative financial infrastructure provider Banking Circle has found that nearly two thirds (64.6%) of online merchants have needed extra finance in… read more →
86% of global banks surveyed are looking to use open APIs to enable Open Banking capabilities in the next 12 months Banks believe regulators are stifling innovation: almost half (48%)… read more →
Here the story has been less dramatic. After the initial collapse in the pound to a 35-year low against the USD and 11-year low against EUR, we’ve seen a recovery to a level slightly above the average since the Brexit vote.
Unexpected and unpredictable, COVID-19 has already made a huge impact on global economies and markets, including the currency market.
