Skip to Content
SVB
Silicon Valley Bank
Region:
  For a better web experience - please upgrade your browser to Google Chrome  
 
Silicon Valley Bank
Products & Services
Products & Services

Banking platform tailored for innovation businesses. From Seed to Series A, IPO and beyond

View All
Cash Management
Plan, manage and track payments, cards, cash and deposits.
Financing Solutions
Fund strategic business growth through commercial lending.
Foreign Exchange
Leverage tailored strategies to manage currency exposure and volatility.
Our Expertise
Startup Banking

From Seed to Series A, start with us early with access to core banking & payment services.

Venture-Funded

Scale and grow from Series A through to IPO with strategic funding solutions & expertise.

Corporate Finance

Get comprehensive banking and financial services to help your company scale and go global.

Industries We Serve
  • Consumer Internet
  • Enterprise Software
  • Fintech
  • Global Life Science & Healthcare
  • Hardware & Frontier Technology
Trends & Insights
Trends & Insights

SVB research, blogs and webinars to give your business crucial advantages in decision-making.

Reports Featured Reports FX Navigator State of the Markets Report Healthcare Investments and Exits View All Reports
Perspectives and Insights Blog Topics Startup Insights Business Growth Market Insights Industry Insights View All Insights
SVB Webinars

Register for upcoming live webinars and access recorded webinars to learn about the latest trends for your business and industry.

View Webinars
About Us
About SVB UK

For over 35 years, SVB has helped businesses grow and thrive across the innovation economy.

Living Our Values

SVB's values guide our actions, from our approach to supporting small businesses to community engagement to our ESG reporting.

Contact & Support

Find useful information and resources to help existing clients.

Resources
  • Locations
  • Leadership
  • Newsroom
  • Investor Relations
  • Careers
  • Client Stories
  • SVB UK Gender Pay Gap Report
UK Subsidiary
Become a client
Login
SELECT A SERVICE FOR LOGIN
SVB Online Services
SVB Online Services Private Bank Private Banking – Legacy SVB Private Banking – Legacy Boston Private Investments SVB Capital Limited Partners SVB Asset Management Reporting U.S. Bank Pivot Credit Cards Cardholders Administrators Private Bank Elite Card
  • Need help? Client Support
  • Not a client? Apply Now
Search SVB
Products & Services Our Expertise Trends & Insights About Us UK Subsidiary
Become a client
Login
Products & Services
Cash Management
Financing Solutions
Foreign Exchange
View All
Our Expertise
Startup Banking
Venture-Funded
Corporate Finance
Industries We Serve
View Industries We Serve Consumer Internet Enterprise Software Fintech Global Life Science & Healthcare Hardware & Frontier Technology
Trends & Insights
Reports
FX Navigator State of the Markets Report Healthcare Investments and Exits View All Reports
Perspectives and Insights
Startup Insights Business Growth Market Insights Industry Insights View All Insights
SVB Webinars

Register for upcoming live webinars and access recorded webinars to learn about the latest trends for your business and industry.

View Webinars
About Us
About SVB UK
Living Our Values
Contact & Support
Resources
Locations Leadership Newsroom Investor Relations Careers Client Stories SVB UK Gender Pay Gap Report
Select a Service for Login
SVB Online Services Private Bank Private Banking – Legacy SVB Private Banking – Legacy Boston Private Investments SVB Capital Limited Partners SVB Asset Management Reporting U.S. Bank Pivot Credit Cards Cardholders Administrators Private Bank Elite Card
Close
  • Select a Region
    • North America
      • US Main
        Canada (EN)
        Canada (FR)
    • Europe and Middle East
      • Israel (EN)
        United Kingdom
        Denmark
        Germany (DE)
        Germany (EN)
    • Asia
      • China (中文)
        China (EN)
Find anything about our product, search our documentation, and more. Enter a query in the search input above, and results will be displayed as you type.
Searching... Loading content
    Searching... Loading content
    People
    • Daily FX Update

    Daily FX Update

    • July 12, 2022

    EURUSD closes in on parity; White house plays down inflation figures; Rules set for tory leadership contest.

    • FX Rates
      July 12, 2022

      Rates are not real time. Rates are today's indicative mid-market rates as of time of publishing, which may vary. Please contact SVB for a current quote.
      Source: Bloomberg

      GBP/USD1.1833
      GBP/EUR1.1822
      EUR/USD1.0010
      USD/CAD1.3042
      EUR/CHF0.9848
      EUR/SEK10.6641
      EUR/NOK10.2622
      EUR/DKK7.4396
      USD/ILS3.5010
      AUD/USD0.6721
      NZD/USD0.6108
      USD/SGD1.4075
      USD/JPY137.16
      USD/CNH6.7490
      USD/INR79.6238
      EUR/ILS3.5043
      GBP/ILS4.1427
      USD/ZAR17.1438

    • GBP

      The UK’s new prime minister will be announced on September 5th, as tory rule changes opt to narrow the field of contenders. Meanwhile, Labour announced that they will table a motion of no-confidence in the government today.

      EUR

      The euro trades only 7 pips from parity as we print, as euro weakness continues amid an energy crisis and growing recession fears.

      Germany’s ZEW survey is expected to show deteriorating investor confidence as uncertainties emerge in Europe’s gas supply chain, and Germany saw its first monthly trade deficit in three decades.

      USD

      The white houses looked to ease concerns of inflation, as data is expected to show the fastest price increase in 40 years. They have described tomorrow’s inflation figures as ‘backwards-looking’, with forecasts show CPI rising to 8.8%.

      James Bullard played down recession risks, while Bostic advocated another 75-basis point hike.

      ASIA/PACIFIC

      Senior US officials head to Asia continuing the US ‘charm offensive’. Japan’s former currency chief Furusawa has stated that the Yen should not be propped up by the state. The current Yen moves do not meet the level of excessive moves warned against in G-7 agreements.

      ILS

      USDILS trades above 3.5 once again as we print, after trading below 3.5 since Thursday last week.

      Data & Events

      German ZEW Survey

      ECBs Villeroy speaks

      BoE Bailey Speaks.

    Risk Statement

    Trading in financial instruments may involve a high degree of risk and may not be suitable for all investors. Trading in financial instruments can result in both loss and profit. Investors should carefully consider whether financial instruments suit their needs, financial resources and personal circumstances.

    The information contained in this material is solely for informational purposes only and it is not and should not be construed as an offer or a solicitation of an offer to buy or sell any financial instruments and cannot be relied upon as a representation that any particular transaction necessarily could have been or can be effected at the stated prices. This material does not contrue advice.

    Contact Us

    For more analysis on FX markets or information regarding SVB's FX services:

    Contact your respective Global Market Risk Solutions Advisor.
    0800 023 1440 from within the UK
    +44 207 367 7880 from overseas

    See all of SVB's latest FX information and commentary.

    Subscribe to receive FX updates to your inbox.

    By providing your email address and clicking on the Subscribe button below, you consent to receive emails from Silicon Valley Bank for your chosen categories. You also consent to the terms of our Privacy Notice. If you have privacy questions, you may contact us at PrivacyOffice@svb.com. You can withdraw your consent at any time.

    Thank you for subscribing to SVB's Daily FX Update.

    You're almost done. Please check your email box and follow the instructions to confirm your subscription. If you did not receive an email please check your Spam or Bulk E-Mail folder just in case the confirmation email got delivered there instead of your inbox. If so, select the confirmation message and mark it Not Spam, which should allow future messages to get through. Please add us to your trusted list of senders, contacts or address book.

    Please note that we will continue to send you communications that we need to send you (for example, to keep you updated on operational changes to your account, a product or a service) or that we are required to send you by law.

     Source: Bloomberg
     

    © 2022 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group (Nasdaq: SIVB).

    Silicon Valley Bank is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK under No. FC029579. Silicon Valley Bank is authorised and regulated by the California Department of Business Oversight and the United States Federal Reserve Bank; authorised by the Prudential Regulation Authority with number 577295; and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request. Silicon Valley Bank is a subsidiary of SVB Financial Group, a Delaware corporation and is an affiliate of SVB Financial Group UK Limited. SVB Financial Group UK Ltd is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK under No. 5572575 and is authorised and regulated by the Financial Conduct Authority, with reference number 446159. SVB Financial Group and its subsidiary Silicon Valley Bank are members of the Federal Reserve System and Silicon Valley Bank is a member of the FDIC.

    FSCS Icon

    Your eligible deposits with Silicon Valley Bank UK are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered. Please click here for further information or visit http://www.fscs.org.uk. For more detailed information about coverage and limits, please review our FSCS Information Sheet at http://www.fscs.org.uk. 

    This material, including without limitation the statistical information herein, is provided for informational purposes only. The material is based in part upon information from third-party sources that we believe to be reliable, but which has not been independently verified by us and, as such, we do not represent that the information is accurate or complete. The information should not be viewed as tax, investment, legal or other advice nor is it to be relied on in making an investment or other decisions. You should obtain relevant and specific professional advice before making any investment decision. Nothing relating to the material should be construed as a solicitation or offer, or recommendation, to acquire or dispose of any investment or to engage in any other transaction.

    Foreign exchange transactions can be highly risky, and losses may occur in short periods of time if there is an adverse movement of exchange rates. Exchange rates can be highly volatile and are impacted by numerous economic, political and social factors, as well as supply and demand and governmental intervention, control and adjustments. Investments in financial instruments carry significant risk, including the possible loss of the principal amount invested. Before entering any foreign exchange transaction, you should obtain advice from your own tax, financial, legal, accounting and other advisors, and only make investment decisions on the basis of your own objectives, experience and resources. Opinions expressed are our opinions as of the date of this content only. The material is based upon information which we consider reliable, but we do not represent that it is accurate or complete, and it should not be relied upon as such.

    Insights from SVB Industry Experts

     
    SVB experts provide our customers with industry insights, proprietary research and insightful content. Check out these related articles that may be of interest to you.

    Daily FX Update: Bond markets see Fed policy rate peaking at 3.5%

     
    Read more

    Daily FX Update: Pessimism grows on US housing market

     
    Read more

    Daily FX Update: Fed seen continuing with aggressive tightening off robust labour data

     
    Read more

    Daily FX Update: BoE warns UK to enter recession

     
    Read more

    Daily FX Update: BoE expected to hike rates by 50-bps

     
    Read more

    Daily FX Update: Pelosi’s visit draws muted response from China

     
    Read more
    • How We Help Clients
    • Trends & Insights
    • About Us
    • Client Service & Support
    Subscribe to newsletters
    Sign up now
    United Kingdom
    How We Help Clients
    • Startup Banking
    • Venture-Funded
    • Corporate Banking
    • Private Equity & Venture Capital
    • Industries We Serve
    • Fraud Prevention Centre
    Trends & Insights
    • Signature Research
    • Client Stories
    • Startup Insights
    About Us
    • Careers
    • Living Our Values
    • Newsroom
    • Investor Relations
    • Leadership
    • UK Subsidiary
    Contact & Support
    • Contact Us
    • Client Service & Support
    • Locations
    • Vendor Information
    • Terms of Use
    • Privacy
    • Cookies
    • Complaint Handling Procedures
    • Modern Slavery Act Transparency Statement
    • UK Branch Tax Strategy
    • Manage Email Preferences
    © 2022 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license

    Silicon Valley Bank UK Limited is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK (Company Number 12546585). Silicon Valley Bank UK Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (Firm Reference Number 543146).

    Silicon Valley Bank UK Limited is a subsidiary of Silicon Valley Bank, a Delaware corporation and subsidiary of SVB Financial Group. SVB Financial Group and its subsidiary Silicon Valley Bank are members of the Federal Reserve System and Silicon Valley Bank is a member of the FDIC.

    FSCS IconSilicon Valley Bank UK Limited is covered by the Financial Services Compensation Scheme and by the Financial Ombudsman Service. In relation to the Financial Services Compensation Scheme, please ensure that you review the important information on depositor preferencethat affects clients of Silicon Valley Bank UK Limited in the UK. Details of the remuneration policies at Silicon Valley Bank UK Limited can be found here.
    You are now leaving Silicon Valley Bank (SVB)
    You will be directed to a different website or mobile app that has its own terms of use, visitor agreement, security and privacy policies. SVB is not responsible for (and does not provide) any products, services or content at the third party site or app, except for products and services that carry the SVB name.
    I understand, let's proceed Stay on SVB.com