Monthly Currency Update

CURRENCY MARKET VIEW - May 2019

"Although the Australian and NZ dollars had only a slightly better month, May was a bit of a shocker for sterling. It lost ground to every other major currency, falling an average of 1.7%. Investors were not too fussed about the UK economic data. It was the chaotic political situation that worried them and the re-emergent risk of a no-deal Brexit."

Download our Monthly Currency Market View as we take a look at the key trends and consider the many diverse events that shaped the global currency markets in May