September 2020 FX Forecast

“I don’t make predictions. I know what I can do, and I try not to think too far ahead.” - Bradley Wiggins Since the delayed Tour De France is taking place we thought it would be appropriate to quote Britain’s first Yellow Jersey winner; 2012, what a great year that was. Fast forward to today, not such a great year, the global economy is still recovering and markets are still split on the direction of this and as a result the residual impact on currency markets. Unlike Sir Bradley, financial institutions are constantly making predictions. We have collected the views of over 40 financial institutions to articulate the high, low and mean forecasts for the next 12 months in an attempt to provide this information to businesses. As you will see, the forecasts still predict a high degree of uncertainty based on the differential. Download the PDF report for the details: September FX Forecast Infinity International would be happy to offer a complimentary FX review of your current process to offer a fresh perspective and to highlight any areas that could be made more efficient.  If you would like to organise a time for an exploratory conversation, please leave your details below. The review would encapsulate: Strategy ideation to align FX risk management with your business objectives FX volatility assessment to understand the impact of a significant FX rate Credit terms to ensure efficiency for cashflow when hedging currency (subject to approval) FX pricing to determine your current cost of your current provider