Today's Currency Market Focus Includes:

GBP: It’s officially a mess
EUR: Pick your poison 
USD: Fed up

Click for a Quick Quote

GBP: It’s officially a mess

Let’s cut to it – no one knows what is going to happen next with Brexit.

There are so many possibilities that it is impossible to predict what’s around the corner. And as we’ve been saying for a while – the Pound remains hostage to Brexit.

Before the mid-Jan vote, the PM is looking to get “assurances” from the EU to help convince UK Parliament to back her deal. We doubt some assurances will make much difference. The more persuasive argument is simply the threat of a no-deal Brexit – which analysts think could trigger over a 10% fall in the Pound.

The Pound is looking increasingly fragile as the Brexit deadline approaches.

EUR: Pick your poison

The Euro is facing battles on several fronts. The upheaval in France combined with weakening Eurozone data and cautious comments from the ECB are all placing downward pressure on the Euro.

It wasn’t long ago that the Eurozone economy looked to be in firmly in recovery mode but with German growth slumping to a 4-year low, things don’t look good heading into the new year.

USD: Fed up

All eyes will be on the Fed’s December rate meeting tonight.

The odds of another hike stand at 69%. President Trump isn’t happy about it. He warned the Fed not to “make yet another mistake”.

Even though the Fed may go ahead anyway, some analysts think they will soften their tone on the outlook for 2019 – which could be Dollar negative.

We are staying open as normal throughout the Christmas period, except the public holidays.

If you need any personal guidance, a quick quote or need to trade, it is not too late.

We are open all this week!

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 19th December 2018 at 11:00

£1.00 GBP = 1.1090 EURO

£1.00 GBP = 1.2350 USD

£1.00 GBP = 1.7577 AUD

£1.00 GBP = 1.8446 NZD

£1.00 GBP = 1.7035 CAD

£1.00 GBP = 18.0856 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.
• Concerned about Brexit? download our "Buyers Guide to Brexit" PDF document.

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

For British buyers, a large fall in the Pound will increase the cost of your French property purchase.

Ahead of the Brexit vote on Tuesday 11th December we can ensure that you are fully protected against any currency volatility.

As we have seen, Pound Sterling is being driven primarily by Brexit headlines.

With the real possibility of a "no deal" looming, the Pound is vulnerable to a major fall.

You can secure a rate of exchange with us before the next Brexit blow, please get in touch so we can help you.

Click here for a free quote

Kind regards, 
David Evans 
Co-Founder of Cle France

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

Concerned about Brexit? download our "Buyers Guide to Brexit" PDF document.

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

The PM’s much-awaited Brexit plan is in turmoil:

The pound has plunged today against both the Euro and the Dollar.

After more resignations from her Cabinet, Theresa May’s is losing her grip on power.

It is rumoured Conservative backbenchers may be about to force a vote of no-confidence in her.

Looking ahead, volatility in the Pound is likely to intensify as the political storm unfolds.

In fact, a leading analyst has forecast that the Pound could fall by a further 4% from here.

If you have GBP exposure, doing nothing in times like this is speculation.

If you would like to mitigate your risk and secure a rate of exchange before further news is released, please get in touch today.

Click 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 15th November 2018 at 13:00

£1.00 GBP = 1.1297 EURO

£1.00 GBP = 1.2775 USD

£1.00 GBP = 1.7588 AUD

£1.00 GBP = 1.8764 NZD

£1.00 GBP = 1.6895 CAD

£1.00 GBP = 18.2056 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.
• Concerned about Brexit? download our "Buyers Guide to Brexit" PDF document.

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

Just a Quick Heads-Up For You…

Yesterday the Pound spiked against the Euro to its highest level in 5 months.

In fact, since the beginning of September alone you are 4% better off.

On a £100,000 transfer, that’s a gain of £4,000.

Of course, given the volatile nature of currency markets, the situation may change quickly.

At present, the Pound continues to be held hostage by Brexit. We live in highly uncertain times.

If you are looking to buy Euros with Sterling, you might want to take advantage of recent movement and secure a favourable rate of exchange.

Get a Quote today here

Kind regards, 
David Evans 
Co-Founder of Cle France.

You can also download our Buyers Guide to Currency Exchange here

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 7th November 2018 at 10:35

£1.00 GBP = 1.1451 EURO

£1.00 GBP = 1.3161 USD

£1.00 GBP = 1.8068 AUD

£1.00 GBP = 1.9408 NZD

£1.00 GBP = 1.7210 CAD

£1.00 GBP = 18.3539 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.
• Concerned about Brexit? download our "Buyers Guide to Brexit" PDF document.

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

Today's Currency Market Focus Includes:

GBP: Sterling rises on rumours
EUR: Coming unstuck? 
USD: Chinese whispers

Click for a Quick Quote

GBP: Sterling rises on rumours

According to the Sunday Times, Theresa May has come up with a new plan to break the Brexit deadlock and allow the UK to remain within the EU customs union.

The government has officially claimed the report is simply “speculation”.

Any deal with Brussels would need to win approval from the British Parliament – a difficult task as politicians on both sides remain deeply divided.

With a light calendar this week, the Pound will be highly susceptible to Brexit rumours and speculation.

EUR: Coming unstuck?

It’s only 2 months before the European Central Bank is meant to begin winding down its bond-buying programme – a remnant from the financial crisis.

But traders are starting to wonder whether this is actually going to happen. The EU has lost economic momentum and there is growing friction with Italy over its proposed budget.

Speaking of Italy, the war of words continues. Over the weekend, European Commission President Jean-Claude Juncker threatened the Italians saying “For the first time someone is saying the (EU budget) rules are of no interest to us. That will have consequences”. The longer this drags on, the more it will damage the Euro.

USD: Chinese whispers

The Dollar has been seesawing on rumours surrounding a new China-US trade deal.

The usual Trump-style negotiations are taking place – a combination of opportunities and threats (the old carrot and stick). The President said a lot of progress has been made so far but also got one of his spokespeople to warn he would “pull the trigger" on additional tariffs on China, depending of course on how talks go.

Meanwhile the US is focused on mid-term elections, so this week is all about politics not economics.

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 5th November 2018 at 11:25

£1.00 GBP = 1.1440 EURO

£1.00 GBP = 1.3023 USD

£1.00 GBP = 1.8098 AUD

£1.00 GBP = 1.9561 NZD

£1.00 GBP = 1.7064 CAD

£1.00 GBP = 18.7234 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.
• Concerned about Brexit? download our "Buyers Guide to Brexit" PDF document.

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