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Jun 22

Pound recovers, but global volatility continues

Currency markets are as volatile now as they’ve been since the pandemic began.

The Pound is a perfect example, taking a huge hit last week.

This week though, it’s starting to recover.

But the uncertainty remains, and not just in the UK.

Global economies are still trying to get a grip on soaring inflation.

As interest rates go up around the world, currency markets are likely to be highly unpredictable.

Last week, the UK was seen to be doing a poor job of curbing inflation. This week the US and Europe are in the spotlight.

Ultimately, the volatility looks set to continue until global inflation is under control - it’s likely to be a bumpy road ahead.

If you’re planning a currency transfer, it could pay to discuss it with your account manager.

Call 01872 487 500 to get in touch or click below to get a free quote today.

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 22nd June 2022 at 09:30

£1.00 GBP = 1.1617 EURO

£1.00 GBP = 1.2210 USD

£1.00 GBP = 1.7726 AUD

£1.00 GBP = 1.9539 NZD

£1.00 GBP = 1.5854 CAD

£1.00 GBP = 19.5294 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.

    Brexit Guide Download

  • 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

Add CommentViews: 964
Jun 15

Euro hits 16-month high against Pound

The Euro has jumped to its highest point against the Pound since February 2021.

It has been more a case of Pound weakness than Euro strength.

The Pound has been under pressure from weak jobs data.

Average UK pay isn’t keeping up with inflation and unemployment rose too.

The US Dollar is also up against the Pound.

Look out for the Bank of England’s interest rate decision on Thursday.

A 25 basis point increase is widely expected to try and combat high inflation.

The decision will trigger volatility in Pound exchange rates.

With that in mind, now could be a good time to lock-in a rate.

It could pay to speak to your account representative before making your currency transfer.

Call 01872 487 500 or click below to get a free quote today.

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 15th June 2022 at 11:00

£1.00 GBP = 1.1525 EURO

£1.00 GBP = 1.2088 USD

£1.00 GBP = 1.7428 AUD

£1.00 GBP = 1.9352 NZD

£1.00 GBP = 1.5639 CAD

£1.00 GBP = 19.3244 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.

    Brexit Guide Download

  • 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

Add CommentViews: 1071
Jun 1

Pound Jumps to 1 Month High vs US Dollar

The Pound has jumped to a 1-month high against the US Dollar.

There’s been caution around the Dollar because US interest rate rises are expected to be aggressive.

As for the Pound, it’s meant a rare bright spell against the Dollar.

However, it’s set to be another challenging week for the UK economy – not to mention Boris Johnson.

The fallout from “Party-gate” appears to be gaining momentum in Westminster.

And the cost-of-living crisis is adding pressure to the UK government.

Both could cause fears around the Pound.

On the continent, the Euro also had a good week against the Dollar.

Therefore, the Euro has been relatively steady against the Pound.

Stability is likely to be short-lived though.

With so much uncertainty in the world, currency markets will remain volatile.

If you have a currency transfer in mind, exchange rate movements are so important.

It could be hugely beneficial to speak to your account manager and discuss the timing of your transfer.

Click the link below to get a free quote or call 01872 487 500.

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 1st June 2022 at 13:00

£1.00 GBP = 1.1738 EURO

£1.00 GBP = 1.2572 USD

£1.00 GBP = 1.7463 AUD

£1.00 GBP = 1.9317 NZD

£1.00 GBP = 1.5886 CAD

£1.00 GBP = 19.5094 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.

    Brexit Guide Download

  • 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

Add CommentViews: 1121
May 25

Euro on the Rise

The Euro has risen sharply after a tough few months.

Recent comments from the European Central Bank hinted at possible interest rate hikes.

It seems they’re finally responding to the soaring inflation in Europe.

This caused the Euro to shoot up against the Pound to a near 2-week high.

In the UK, the economy is looking increasingly shaky.

The Pound also took a hit against the US Dollar.

We’re starting to see inflation take its toll on UK businesses.

Each update on the UK economy will tell us more about the prospects for the Pound.

But at the moment, the long-term outlook is gloomy.

As currency markets continue to be volatile, support from your account manager could be crucial in saving you money.

If you have a currency transfer in mind, get a free quote or call 01872 487 500.

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 May 2022 at 10:55

£1.00 GBP = 1.1715 EURO

£1.00 GBP = 1.2507 USD

£1.00 GBP = 1.7664 AUD

£1.00 GBP = 1.9331 NZD

£1.00 GBP = 1.6056 CAD

£1.00 GBP = 19.4908 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.

    Brexit Guide Download

  • 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

Add CommentViews: 1020
May 18

The Pound has recovered against the US Dollar and the Euro

Pound spikes after recent losses

The Pound has recovered against the US Dollar and the Euro.

In the UK, unemployment is at a near 50 year low.

This is a boost for the Pound and the UK economy.

Rising inflation is still a big issue, but low unemployment is a sign of strength for the UK economy.

It’s good news for now, but there may be more tough times ahead for the Pound.

The Euro has also recovered against the US Dollar.

The Dollar has come back to earth slightly after skyrocketing so far in 2022.

The market trend has been in favour of the US Dollar for so long.

This change could be a great opportunity for Pound sellers.

If you are planning to buy property in France soon then now is the time to get in touch.

With volatile times ahead, it’s certainly worth discussing any currency transfer with your account manager.

Get a free exchange rate quote below or give us a call on 01872 487 500.

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 May 2022 at 14:40

£1.00 GBP = 1.1801 EURO

£1.00 GBP = 1.2413 USD

£1.00 GBP = 1.7709 AUD

£1.00 GBP = 1.9563 NZD

£1.00 GBP = 1.5925 CAD

£1.00 GBP = 19.7534 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.

    Brexit Guide Download

  • 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

Add CommentViews: 1175

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