Some good news for Euro sellers

As the Euro hits 5-month high against Pound it is good news for sellers in France; and buyers, if sellers want to sell quick a buyer could be in luck.

The Euro is now sitting at 5-month highs against the Pound.

It’s more a case of weakness in the Pound rather than Euro strength.

The Pound has had a few setbacks lately...

Weak retail sales, tiny economic growth and falling inflation numbers mean the Bank of England may cut interest rates next month – which would be bad news for the Pound.

On a more cheery note, the Pound has had a massive jump against the US Dollar in the last 24 hours.

Donald Trump has delayed big trade tariffs, which has sent the US Dollar crashing.

It’s some much needed good news for GBP/USD – which hit 14-months lows before news of the tariff delay.

The Pound is down 2% against the Euro in the last two weeks and almost down 10% against the US Dollar in the past four months.

Volatility in exchange rates is likely to remain high as President Trump gets going.

So what next, what should you do?

Make sure you get in touch with the Key Currency team, so we can keep an eye on rates for you.

You can call us on 01872 487 500.

To learn more or find out our latest rates, click below.

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
5. Authorised by the FCA

Current rates: 

Tuesday 21st January 2025 at 10:15

£1.00 GBP = 1.1835 EUR

£1.00 GBP = 1.2245 USD

£1.00 GBP = 1.9665 AUD

£1.00 GBP = 2.1760 NZD

£1.00 GBP = 1.7670 CAD

£1.00 GBP = 1.1155 CHF

• Want to Learn More?

• We have created a selection of Free PDF Guides for you to download covering many aspects of buying property abroad, visit our PDF Guides Page today or download our "Buying A Property in France" Guide PDF document.

• Want to Live in France Post-Brexit? download our "PDF Guide to Living in France Post-Brexit" document.

  

• Need to Send Money Abroad?

  • At Clé France / Key Currency, many of our customers have a need for currency exchange.
  • We are pleased to offer our customers favourable exchange rates on international currency transfers.
  • As a Clé France website visitor, you qualify for preferential exchange rates when you transact through Key Currency.

How to Save Money on your foreign currency transfers

• Key Currency can save you money by offering more competitive rates of exchange than your bank.
• 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.

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

Pound takes a sudden downturn

The Pound has started 2025 on weak footing…

So far, it’s down against pretty much every major currency including EUR, USD, JPY, CAD, AUD and NZD.

In fact, the GBP-USD exchange rate hit a new 14-month low only yesterday.

We have previously spoken about the Pound’s vulnerability heading into this year given what a strong year it had in 2024.

Fortunately for the Pound, the Euro continues to be weak.

The EUR-USD rate just touched a 2-year low.

This week, the main focus will be on UK and US data.

Both countries are due to release their latest inflation and retail sales figures later in the week – this will be market sensitive data.

We start the year with plenty of movement in exchange rates.

Swings of 3% or more in some currencies seem to be fairly common at present, so it’s worth keeping a close eye on rates.

So what next, what should you do?

Make sure you get in touch with the Key Currency team, so we can keep an eye on rates for you.

You can call us on 01872 487 500.

Or to find out our latest rates, click below

Get ahead of the game and read our Guide to Foreign Currency Exchange.

Download the Guide Here - with no obligation of course.

To learn more or find out our latest rates, click below.

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
5. Authorised by the FCA

Current rates: 

Tuesday 14th January 2025 at 10:15

£1.00 GBP = 1.1875 EUR

£1.00 GBP = 1.2190 USD

£1.00 GBP = 1.9685 AUD

£1.00 GBP = 2.1710 NZD

£1.00 GBP = 1.7521 CAD

£1.00 GBP = 1.1160 CHF

• Want to Learn More?

• We have created a selection of Free PDF Guides for you to download covering many aspects of buying property abroad, visit our PDF Guides Page today or download our "Buying A Property in France" Guide PDF document.

• Want to Live in France Post-Brexit? download our "PDF Guide to Living in France Post-Brexit" document.

  

• Need to Send Money Abroad?

  • At Clé France / Key Currency, many of our customers have a need for currency exchange.
  • We are pleased to offer our customers favourable exchange rates on international currency transfers.
  • As a Clé France website visitor, you qualify for preferential exchange rates when you transact through Key Currency.

How to Save Money on your foreign currency transfers

• Key Currency can save you money by offering more competitive rates of exchange than your bank.
• 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.

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

Welcome to 2025

2025 is shaping up to be an exciting year so let us take a quick look at the bigger picture…

Pound Sterling had a great year in 2024.

It actually spent much of the year as the best performing major currency.

The Pound ended up gaining over 5% against the Australian, New Zealand and Canadian Dollars in 2024.

It also gained 5% against the Swiss Franc and 7% against the Japanese Yen.

Against the Euro, the Pound also managed a respectable 4% gain.

It only lost ground against the US Dollar – which rocketed in the final quarter of the year, due in part to the US election result.

We see central banks being very active again in 2025.

The rate cutting cycle remains the key driver of currencies.

The Bank of England has some work to do. The UK has the highest interest rates of all the major central banks – so there could be pressure to cut more aggressively – which would be Pound negative.

Trump’s tariffs could be another big theme of 2025. Trade friction has the potential to drive up global inflation.

Given we had plenty of currency moves of between 5-10% in 2024, it’s a reminder of how important timing can be.

So what next, what should you do?

Make sure you get in touch with the Key Currency team, so we can keep an eye on rates for you.

You can call us on 01872 487 500.

Or to find out our latest rates, click below

Get ahead of the game and read our Guide to Foreign Currency Exchange.

Download the Guide Here - with no obligation of course.

To learn more or find out our latest rates, click below.

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
5. Authorised by the FCA

Current rates: 

Wednesday 8th January 2025 at 12:30

£1.00 GBP = 1.1988 EUR

£1.00 GBP = 1.2336 USD

£1.00 GBP = 1.9923 AUD

£1.00 GBP = 2.2059 NZD

£1.00 GBP = 1.7763 CAD

£1.00 GBP = 1.1254 CHF

• Want to Learn More?

• We have created a selection of Free PDF Guides for you to download covering many aspects of buying property abroad, visit our PDF Guides Page today or download our "Buying A Property in France" Guide PDF document.

• Want to Live in France Post-Brexit? download our "PDF Guide to Living in France Post-Brexit" document.

  

• Need to Send Money Abroad?

  • At Clé France / Key Currency, many of our customers have a need for currency exchange.
  • We are pleased to offer our customers favourable exchange rates on international currency transfers.
  • As a Clé France website visitor, you qualify for preferential exchange rates when you transact through Key Currency.

How to Save Money on your foreign currency transfers

• Key Currency can save you money by offering more competitive rates of exchange than your bank.
• 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.

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

I just wanted to post a quick note to wish everyone an enjoyable Christmas.

Your interest and visits to our website are very much appreciated.

Best wishes to you from all of us here at Cle France.

We wish you and your family a 'Joyeux Noel'.

We are open 24/7 on-line so keep enjoying all the beautiful French property for sale and all our information about buying a house in France as usual on the website, but we may take a few days to get back to you if you send in any questions / requests over the Christmas period as we too will be enjoying the festive period with our feet up!

Oh! and we have lots of new agents starting in January adding extra new listings to our portfolio from January onward.

Sharon Evans
Founder of Cle France

Best wishes to everyone from all of us here at Cle France, we wish everyone 'Joyeux Noel et Bonne Année'....

We are open 24/7 on-line so keep enjoying all the beautiful French property for sale and all our information about buying a house in France as usual on the website, but we may take a few days to get back to you if you send in any questions / requests over the Christmas period as we too will be enjoying the festive period with our feet up!

If you’re looking for your dream home in France it is best to keep in touch with our network of agents and experts, please feel free to 'Like Us' or 'Follow Us' on our social media platforms and stay up to date with all the latest property news and competitions.

AND We have just added automatic uploads of all 'New on the Market' properties to be posted on Facebook, Twitter and Linked-In so if you have not visited us on these social media platforms then do it now and Like-Us, Follow-Us or Link with Us to make sure you get the most up to the minute news and you don't miss that perfect French home when it comes along.

Click on any or all of the above to make sure you get up to the minute news on all things to do with French Property and you don't miss that perfect French home you are searching for.

Cle France wish everyone 'Joyeux Noel et Bonne Année'.

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