A bit of good news can make all the difference…

Pound Sterling surged against all the other major currencies yesterday after the UK recorded a 6-year high in business optimism.

The knock-on effect is the Bank of England is likely to back away from any interest rate cuts – which is Pound positive.

Pound Sterling now finds itself at new highs for 2020.

It’s also a reminder that there’s more to life than Brexit.

But alas, we all know the issue of Brexit will be back in the news soon enough. And that means exchange rate volatility.

So what should You do?

If you need to buy Euros and would like to take advantage of the favourable move, consider locking-in a rate.

If you need to sell Euros at present, you need to weigh up whether you can afford for the rate to fall further.

Although the GBP/EUR rate has been higher, it’s also been a lot lower too.

Sometimes certainty is the easiest path.

Find out our latest rates of exchange below or call 01872 487 500 to speak to a currency expert.

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 23rd January 2020 at 10:15

£1.00 GBP = 1.1850 EURO

£1.00 GBP = 1.3135 USD

£1.00 GBP = 1.9121 AUD

£1.00 GBP = 1.9911 NZD

£1.00 GBP = 1.7290 CAD

£1.00 GBP = 18.8411 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

The Pound has been losing value against the Euro in 2020 so far.

There are some worrying signs ahead that are making investors nervous.

Brexit looks certain to officially take place at the end of this month. It means trade talks with the EU will begin shortly.

The Chancellor, Sajid Javid, said on the weekend that the UK would not commit to sticking to EU rules post-Brexit.

That certainly won’t help get a deal done and has brought back fears of a hard Brexit.

The UK economy is also showing signs of weakness.

It’s got to the stage where there are rumours the Bank of England may have to cut rates soon. This could exacerbate the Pound’s decline.

We expect 2020 to be another year of Pound volatility, driven largely by Brexit news.

Negotiating a trade deal with the EU is likely to be tricky, particularly seeing Boris Johnson has set a ‘fixed’ 12-month transition deadline (it’s taken 3 years to get to this point!).

The PM may also be facing another battle on the horizon…

Scottish First Minister, Nicola Sturgeon, has requested the powers to hold another Scottish independence referendum. Boris has refused, but we sense this is the beginning, not the end of that battle.

There are always risks and opportunities in currency markets. It’s important to take advantage of the favourable moves while protecting the downside.

Click here for a Quick Quote.

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: 

Tuesday 21st January 2020 at 09:15

£1.00 GBP = 1.1730 EURO

£1.00 GBP = 1.3010 USD

£1.00 GBP = 1.8986 AUD

£1.00 GBP = 1.9726 NZD

£1.00 GBP = 1.7013 CAD

£1.00 GBP = 18.9402 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

Political events dominated last year and 2020 looks no different.

We enter the new year with the threat of war in the Middle East.

If the Iranian situation gets worse, we can expect the Pound to fall against safe-haven currencies such as the US Dollar, Japanese Yen and Swiss Franc.

No doubt Brexit will be back in the news again soon – adding to GBP exchange rate volatility.

While the election result eased fears, there is still the very real prospect of a no-deal Brexit.

Boris Johnson is determined to leave the EU at the end of 2020 – with or without a trade deal.

As always, we will look to help clients take advantage of opportunities as they arise and protect the downside.

Click here for a Quick Quote.

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 20th January 2020 at 14:00

£1.00 GBP = 1.1733 EURO

£1.00 GBP = 1.3006 USD

£1.00 GBP = 1.8959 AUD

£1.00 GBP = 1.9710 NZD

£1.00 GBP = 1.6994 CAD

£1.00 GBP = 18.9144 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’m just going to cut straight to it…

You’ve seen the election result.

It’s had a huge impact on the currency markets.

The Pound has had its biggest one-day move in a decade!

Days like these are few and far between.

If you have a currency requirement, you might want to grab the opportunity before you.

Want to know what your Pounds are worth?

Click here for a Quick Quote.

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: 

Friday 13th December 2019 at 11:10

£1.00 GBP = 1.1969 EURO

£1.00 GBP = 1.3386 USD

£1.00 GBP = 1.9354 AUD

£1.00 GBP = 2.0230 NZD

£1.00 GBP = 1.7612 CAD

£1.00 GBP = 19.2657 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

The Pound is like a coiled spring, waiting for any election news…

We are likely to get a steer on voting (exit polls) as the day goes on, but the real movement will happen when we wake up tomorrow.

Our team will be in from 7am on Friday to help you make the most of this volatile time.

While a Conservative win should boost the Pound, we suspect this has been largely priced in – unless it’s an absolute landslide.

A hung parliament remains the scary scenario that would see the Pound collapse again.

If you’re unsure what to do, you can speak to one of our traders on 01872 487 500.

Alternatively, if you would like to find out current exchange rates...

Click here for a Quick Quote.

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 12th December 2019 at 09:20

£1.00 GBP = 1.1864 EURO

£1.00 GBP = 1.3203 USD

£1.00 GBP = 1.9187 AUD

£1.00 GBP = 2.0074 NZD

£1.00 GBP = 1.7388 CAD

£1.00 GBP = 19.3476 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