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The French Property Network

Nov 25

What if investors are wrong about the Pound?

Sterling’s nice little run has continued into this week.

As expected, Coronavirus and Brexit dominate the headlines.

While the vaccine progress is great news, the more pressing issue for the Pound is Brexit.

London and Brussels resume their negotiations this week.

Most investors believe a last-minute deal will get done.

It’s an interesting dilemma for the Pound.

A tilt to the upside is the most likely outcome.

But if investors are wrong (and it wouldn’t be the first time), then a “no deal Brexit” would send the Pound crashing down.

For buyers of Euros

- You are in a much better position than just a few weeks ago.

For sellers of Euros

- You can still take advantage of historically good rates.

What should You do?

In these pressure cooker situations, you have to decide between certainty and speculation (a fancy way of saying now or later).

As always, we will work with you to optimise your position.

If you would like to discuss your requirements, you can speak to us on 01872 487 500.

To find out our latest rates, request a quote below.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Wednesday 25th November 2020 at 09:45

£1.00 GBP = 1.1212 EURO

£1.00 GBP = 1.3336 USD

£1.00 GBP = 1.8162 AUD

£1.00 GBP = 1.9132 NZD

£1.00 GBP = 1.7353 CAD

£1.00 GBP = 20.2925 ZAR

  • 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.

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  • 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.

Cle France Currency Guide link

How to Save Money on your foreign currency transfers

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Nov 18

Is the Pound headed for new highs?

Pound Sterling has had a nice little run lately.

Against the Euro, the Pound has been trending up for the past 3 weeks.

And against the US Dollar, the Pound is getting close to 1-year highs.

No doubt there is optimism built into these rates.

The press is reporting that a Brexit trade deal may come as early as next week.

That would benefit the Pound more than the Euro, though both currencies would be expected to lift as a result.

But the gains may not last if the deal is thin on detail.

If all we get is a high-level ‘handshake’ deal (quite likely), then the reality is negotiations could continue for years to come.

That’s not going to do either currency much good.

Meanwhile, the US Dollar is grappling with election uncertainty.

We all know a smooth transition in the White House isn’t going to happen.

So expect a bumpy ride for global markets over the coming months.

How can we help You?

Exchange rates can move suddenly in these extraordinary times, so please make sure you discuss your options with our team to mitigate your currency risk.

To speak to a trader, call us on 01872 487 500.

To get the latest rates, click below.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Wednesday 18th November 2020 at 09:30

£1.00 GBP = 1.1184 EURO

£1.00 GBP = 1.3288 USD

£1.00 GBP = 1.8149 AUD

£1.00 GBP = 1.9195 NZD

£1.00 GBP = 1.7373 CAD

£1.00 GBP = 20.3613 ZAR

Cle France Currency Guide link

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

Add CommentViews: 1380
Nov 10

Alert - Vaccine news lifts Sterling, but why?

The vaccine announcement from Pfizer is good news for the world in general.

It is also good news for the UK.

Pound sterling is expected to be a major beneficiary of a vaccine.

This is because the UK has struggled more than most with managing the pandemic.

Put simply, a vaccine could make a bigger difference to the British economy relative to other countries.

The Pound (GBP) is currently sitting near 1-month highs against the Euro and US Dollar.

Of course, nothing is static in currency markets.

On the horizon is the US election legal battle and the Brexit deadline.

They’re not going away…just simmering.

What should you do?

You may consider the rebound in Sterling as an opportunity to secure an improved rate and mitigate Brexit risk.

For those that need to sell Dollars or Euros, current rates are still at historically attractive levels.

If you would like to discuss your requirement, call us on 01872 487 500.

To get our latest rates, request a quote below.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Tuesday 10th November 2020 at 11:20

£1.00 GBP = 1.1246 EURO

£1.00 GBP = 1.3260 USD

£1.00 GBP = 1.8220 AUD

£1.00 GBP = 1.9418 NZD

£1.00 GBP = 1.7274 CAD

£1.00 GBP = 20.6247 ZAR

Cle France Currency Guide link

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

Add CommentViews: 1417
Nov 4

Pound Sterling in a surprising uptrend

There’s plenty going on right now…

The US election takes centre stage over the coming days and it could be decisive, in which case the ramifications for currencies will be immediate.

Or it could be a cliff hanger and trigger months of legal action.

Like all big global events, the best thing you can do is be prepared to take advantage, should rates move in your favour.

Make sure to register with us, and then you are ready if need be.

It takes only a couple of minutes.

What's Going on in the UK.

The Pound has somehow avoided losses so far in reaction to Lockdown “Part Two”.

Both GBP/EUR and GBP/USD have gained ground in the past few sessions.

It certainly won’t help get a Brexit deal over the line.

The looming deadline will be less than a month away once lockdown ends.

It all seems to point to a volatile end to the year.

Protecting our clients against adverse market movements is part of our service.

We are watching markets and rates continuously throughout the day.

If you would like to discuss your requirement, call 01872 487 500.

To find out our latest rates, request a quote below.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Wednesday 4th November 2020 at 09:20

£1.00 GBP = 1.1109 EURO

£1.00 GBP = 1.2976 USD

£1.00 GBP = 1.8286 AUD

£1.00 GBP = 1.9544 NZD

£1.00 GBP = 1.7150 CAD

£1.00 GBP = 21.1099 ZAR

Cle France Currency Guide link

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

Add CommentViews: 1263
Oct 28

Pound turns positive for the week

It’s a topsy turvy time for GBP to Euro.

The market seems to be ignoring economic news at the moment as we await Brexit developments.

With only 10 weeks to go, there is still hope that a last-minute deal can be struck.

Some analysts are stating that they see limited upside in Sterling even if a deal can be reached.

The wider problem is the outlook for the UK economy.

The Bank of England is considering negative interest rates.

But we have no historical example of a country combining negative rates with a large trade and budget deficit.

Investors are scratching their heads as to what currency impact that would have.

Do three negatives make a positive?

Lingering in the background is also the imminent US election.

That will also bring uncertainty for global politics and currency pairs going forward.

There is always an element of uncertainty in exchange rates, but right now we face an abnormal degree of complex events with unpredictable outcomes.

Amidst this situation, you may consider locking-in a rate for peace of mind.

If you would like to discuss your options, you can speak to one of our experienced team on 01872 487 500.

Or to find out our latest rates, please click below.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Wednesday 28th October 2020 at 09:20

£1.00 GBP = 1.1083 EURO

£1.00 GBP = 1.3045 USD

£1.00 GBP = 1.8272 AUD

£1.00 GBP = 1.9454 NZD

£1.00 GBP = 1.7222 CAD

£1.00 GBP = 21.1986 ZAR

Cle France Currency Guide link

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

Add CommentViews: 1357

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