Pound Sterling has a big bounce.
The Pound has been the big winner in the past couple of weeks…
Against the Euro, it now sits near 3-week highs.
And against the US Dollar, it’s back to near 12-month highs.
It’s a great comeback given Pound Sterling got sold off savagely at the start of the month.
But it’s not got much to do with UK specific news.
If anything, UK economic data has been lacklustre lately.
The comeback is being driven by global forces, the Pound is at the mercy of investor risk sentiment.
And investors have calmed down over the past fortnight.
That’s why stock markets have bounced.
Another side effect is that investors have rotated back into the Pound and away from safe haven currencies like JPY, CHF and EUR.
I wouldn’t get complacent though.
These things can change quickly. It’s likely that further volatility lies ahead (from you know who).
So what next, what should you do?
If you have a currency requirement, please do get in touch as it pays to keep a close eye on rates.
To speak to a member of our team, just call 01872 487 500.
Or to find out our latest rates, click below.

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

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Current rates:
Tuesday 29th April 2025 at 10:30
£1.00 GBP = 1.1775 EUR
£1.00 GBP = 1.3410 USD
£1.00 GBP = 2.0900 AUD
£1.00 GBP = 2.2485 NZD
£1.00 GBP = 1.8555 CAD
£1.00 GBP = 1.1070 CHF

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