Coronavirus is causing major moves in currency markets.

In particular, the Euro to Pound rate has seen a huge swing in a matter of days.

As things stand, the Euro is sitting near 35-year highs.

It’s very fortunate for people holding Euros and waiting for a good time to bring them back to the UK.

You are 12.9% better-off than you were only 1 month ago!

Needless to say, moves of this scale are a rare event.

If you hold Euros and want to take advantage of current rates, get in touch straight away.

To speak to a dealer, call us on +44 (0)1872 487 500.

Or to find out the latest rates, simply click on the link below.

Thanks For Reading, What Next?

• To discuss Exchange Rates and Your Currency Options, please contact our trader today on 01872 487 500.
• Need to Trade Your Currency soon, then 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: 

Thursday 19th March 2020 at 12:30

£1.00 GBP = 1.0806 EURO

£1.00 GBP = 1.1598 USD

£1.00 GBP = 2.0301 AUD

£1.00 GBP = 2.0525 NZD

£1.00 GBP = 1.6954 CAD

£1.00 GBP = 20.1515 ZAR

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

• If you are concerned about Brexit? download our "PDF Guide to Brexit" document.

  

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

I don’t need to tell you what’s dominating currency markets.

As you would expect, all currencies have become highly sensitive to the latest Coronavirus developments.

In relative terms, the Pound has not fared well.

Last week it fell to 5-month lows against the Euro and US Dollar.

That might come as a surprise given Europe has been hit harder by the virus than the UK.

But in times of turmoil, investors look for safe places to park their money.

The US Dollar, Euro, Swiss Franc and Japanese Yen are considered less risky than Pound Sterling.

That’s the perception anyway. And perception becomes reality.

It’s impossible to predict how bad things will get or when things will recover.

There are signs of stability in China – which offers hope. But it may be too late to prevent a global recession.

We appreciate that many people still have currency requirements and may be looking for guidance and support.

If you wish to discuss your plans, we are open as usual. Call us on 01872 487 500.

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

Thanks For Reading, What Next?

• To discuss Exchange Rates and Your Currency Options, please contact our trader today on 01872 487 500.
• Need to Trade Your Currency soon, then 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: 

Monday 16th March 2020 at 09:15

£1.00 GBP = 1.1020 EURO

£1.00 GBP = 1.2347 USD

£1.00 GBP = 1.9979 AUD

£1.00 GBP = 2.0378 NZD

£1.00 GBP = 1.7123 CAD

£1.00 GBP = 20.6048 ZAR

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

• If you are concerned about Brexit? download our "PDF Guide to Brexit" document.

  

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

While the mornings are getting lighter, so is Sterling.

This morning the Bank of England cut interest rates to a record low in response to the Coronavirus outbreak.

Later today, more stimulus is expected in the first Budget of Boris Johnson's majority government.

Historically, Pound Sterling has not performed well in moments of crisis.

The usual ‘risk aversion’ rules look to be kicking in.

Sterling has been selling off against JPY/EUR/USD/CHF – which are seen as 'safe havens' in times of trouble.

With all that's going on, the sentiment around currencies is changing extremely quickly.

If you would like to gain some certainty, consider securing an exchange rate today.

Call us on 01872 487 500 to discuss your plans or to find out the latest rates, request a quote below.

Thanks For Reading, What Next?

• To discuss Exchange Rates and Your Currency Options, please contact our trader today on 01872 487 500.
• Need to Trade Your Currency soon, then 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: 

Saturday 14th March 2020 at 09:00

£1.00 GBP = 1.1047 EURO

£1.00 GBP = 1.2274 USD

£1.00 GBP = 1.9848 AUD

£1.00 GBP = 2.0251 NZD

£1.00 GBP = 1.6943 CAD

£1.00 GBP = 19.9670 ZAR

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

• If you are concerned about Brexit? download our "PDF Guide to Brexit" document.

  

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

Coronavirus continues to be the main news event.

The knock-on effects are very real.

Stock markets have lost trillions.

And currency markets are highly unstable.

In response to the outbreak, Central Banks around the world have begun to cut interest rates.

The UK could be the next to follow.

Money markets are pricing in almost a 100% chance of a rate cut by the Bank of England this month.

It wasn’t long ago that the next rate move was expected to be up.

The sudden change of outlook has taken the wind out of the Pound’s sails.

And with trade talks underway with the EU, it adds another layer of currency risk.

So what should You do?

There is so much uncertainty on the horizon that it’s difficult to foresee what is next for exchange rates.

If you would like to secure certainty over your currency transfers, you can lock-in a fixed exchange rate today.

Call us on 01872 487 500 or to find out the latest rates, request a quote below.

Thanks For Reading, What Next?

• To discuss Exchange Rates and Your Currency Options, please contact our trader today on 01872 487 500.
• Need to Trade Your Currency soon, then 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: 

Wednesday 4th March 2020 at 10:50

£1.00 GBP = 1.1458 EURO

£1.00 GBP = 1.2782 USD

£1.00 GBP = 1.9342 AUD

£1.00 GBP = 2.0332 NZD

£1.00 GBP = 1.7081 CAD

£1.00 GBP = 19.5620 ZAR

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

• If you are concerned about Brexit? download our "PDF Guide to Brexit" document.

  

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

As the Coronavirus spreads, currency markets could be facing increased volatility over the coming days and weeks.

The virus is now breaking out across Europe, with Italy reporting over 300 cases.

Currency markets will be sensitive to any developments.

At first, Asian markets were hit the hardest.

But as UK investors wake up to the growing threat, it could begin to damage the Pound.

In times of trouble, investors tend to dump Pound Sterling in favour of “safe havens”, such as the US Dollar and Swiss Franc.

If you have an upcoming currency requirement, it’s something you need to be aware of.

What should You do?

We are watching rates carefully and can assist you with the timing of your transfer.

Please get in touch on 01872 487 500 to speak to one of our dealers.

To find out the latest rates, click for a quote below.

Thanks For Reading, What Next?

• To discuss Exchange Rates and Your Currency Options, please contact our trader today on 01872 487 500.
• Need to Trade Your Currency soon, then 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: 

Wednesday 26th February 2020 at 10:30

£1.00 GBP = 1.1897 EURO

£1.00 GBP = 1.2944 USD

£1.00 GBP = 1.9685 AUD

£1.00 GBP = 2.0524 NZD

£1.00 GBP = 1.7213 CAD

£1.00 GBP = 19.8040 ZAR

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

• If you are concerned about Brexit? download our "PDF Guide to Brexit" document.

  

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