UK Office: 0044 (0)1440 820 358

Clé France

The French Property Network

Today's Currency Market Focus

GBP: US to reject a Soft Brexit

EUR: Euro wilting

USD: Higher despite inflation miss 

Click for a Quick Quote

GBP: US to reject a Soft Brexit

Theresa May finally released the government’s Brexit White Paper yesterday but the joy has been short-lived. 

President Trump has indicated the current plans would “kill” any chances of a UK-US trade deal. Party over. 

Brexit seems to be a no-win issue for Theresa May and it continues to haunt the Pound. 

EUR: Euro wilting

The Euro also finds itself in a weak position. 

With the EU economy wilting in the summer, a cautious mood has once again returned to the European Central Bank (ECB). 

Yesterday the latest minutes from the ECB revealed that its members are not considering raising rates next year, which was in contrast to market expectations.  

USD: Higher despite inflation miss

The Dollar will not be deterred at the moment. 

Yesterday saw the latest CPI figures come in under estimates – which would normally be Dollar negative. 

However, geopolitical events are overshadowing day-to-day data. Donald Trump’s road trip is producing some big and sometimes scary headlines which is leading to greater risk aversion and therefore benefiting safe-haven currencies such as the Dollar. 

Key Currency

Thanks For Reading, What Next?

To discuss current exchange rates and currency purchasing strategies, please contact your trader today on 01872 487 500.

If you don't yet have an account please request a free quote and we’ll look after you from there.

Have a great day,

Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Friday 13th July 2018 at 14:15

£1.00 GBP = 1.1304 EURO

£1.00 GBP = 1.3158 USD

£1.00 GBP = 1.7818 AUD

£1.00 GBP = 1.9552 NZD

£1.00 GBP = 1.7358 CAD

£1.00 GBP = 17.5370 ZAR

Need to Send Money Abroad?

At Clé France, many of our customers have a need for currency exchange.

We are pleased to have partnered with Key Currency to offer our customers favourable exchange rates on international currency transfers.

Key Currency is an award-winning currency exchange specialist, Key Currency Limited is authorised and regulated by the Financial Conduct Authority as an Authorised Payment Institution (Financial Services Register No. 753989) and experienced in executing high-volume transactions.

As a Clé France website visitor, you qualify for preferential exchange rates when you transact through Key Currency.

Save money on your foreign currency transfers

Key Currency can save you money by offering more competitive rates of exchange than retail banks.

Clients can typically save you 3-4% of the total transaction value, which can result in significant cost savings.

All client funds are held in segregated accounts with top-tier banks keeping your money safe and secure.

Download our "Buying A Property in France" Guide PDF document now.

For everything you need to know about French property visit www.clefrance.co.uk 

Follow Us for the Latest Info

Cle France You Tube Cle France Instagram Cle France Twitter Cle France Facebook

Key Currency

Allianz Health Insurance

Join the Mailing List

Select subscriber list :

Property of the Week

Property of the Week
 

Huge Potential

BHJ03755 - Mayenne

Priced at €44,200 € FAI

World Property Network