USD: Energy helps contain inflation

Consumer Price Inflation (CPI) rose from 2.3% to 2.4% in May but came in below the 2.5% figure most analysts predicted – the result mainly of cheaper oil and gas costs. This news contributed to the US dollar’s daily losses of half a cent against the pound and almost a full cent against the euro.

EUR/USD: the past year

From To

 

For more on currencies and currency risk management strategies, please get in touch with your Smart Currency Business account manager on 020 7898 0500 or your Private Client Account Manager on 020 7898 0541.

Get a quote or
Thank you call handler
Speak to an expert 020 7898 0541

Find out how we can help you

Let us know a little more about your upcoming currency exchange needs. We aim to take the uncertainty away by providing guidance on which services suit your individual requirements. You can then rest, assured your money is not at the mercy of the currency markets.

Secure and efficient transfers

Secure, quick and efficient transfers. Authorised by the FCA.

Protect against risk

Avoid losing money and protect against currencies moving against you.

Dedicated trader

Dedicated currency trader working with you to get the best value for your money.

Refer a friend or business

Recommend our services to your friends, family or colleagues and earn great rewards.

Make a referral
Share to...
BlueskyBufferCopyFlipboardLinkedInMastodonMessengerMixPinterestPocketPrintRedditSMSTelegramThreadsTumblrWhatsApp