July to September 2020 Currency Forecasts

July to September Currency Forecast

We always say that banks’ currency predictions should be taken with a large pinch of salt…

But so should fish and chips, and they’re still nice to eat. So, we invite you to read this quarter’s currency forecasts, but with a strong suggestion that you do not base any business decisions on them.

This quarter we have added a whole new layer of analysis and opinion, written by our Senior Risk Management Analyst. See if you agree with him!

To find even more extreme predictions – download your copy of our Quarterly Forecast!

Download the latest currency forecasts

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Forecasts and predictions about where exchange rates are headed in the next month, quarter or year are a worthless tool for your business planning or strategy.

You’re probably as baffled by the predictions of major banks as we are, yet you may be asked as part of your role to make business forecasts based on these extremely wide ranges. You would be just as well to ask a crystal ball or throw a dice.

Controversial? Maybe.

So, we invite you to read this quarter’s currency forecasts, but with a strong suggestion that you do not base any business decisions on them.

This set of forecasts, covering the 1, 3, 6 and 12 months ahead, is fascinating:

  •  The lowest estimates for GBP/EUR are below anything we have seen in the past decade.
  • Our analysis covers global economic recovery, the future relationship between the UK and EU, the US economy and the presidential election – what would a Biden presidency mean?
  • This quarter we have added a whole new layer of analysis and opinion, written by our Senior Risk Management Analyst. See if you agree with him!

Your next move?

In this climate of uncertainty, how should you plan for the future?

Our team can help. Please don’t hesitate to call us if you have any questions on 020 7898 0500.

For further information on how Smart Currency Business can help protect your profits and expand your products and services internationally, email
us at info@smartcurrencybusiness.com or give us a call on 020 7898 0500.