Pound at risk as 2nd lockdown looms
The threat of a second lockdown has become a risk event.
It comes at a time when GBP is already under pressure from Brexit.
Markets universally hate one thing: uncertainty.
We now face the prospect of nation in lockdown as it ends the Brexit transition period.
You can see why investors are worried…
The Pound could be facing sizeable downside risk from here.
Second-guessing the events ahead could be costly.
How to Break the Uncertainty
For those with currency requirements in the future, it might be prudent to lock in your exchange rate, so your money isn’t affected by the uncertainty and volatility ahead.
Call 01872 487 500 to discuss technical levels and target rates with our trading team.
Or to find out our latest exchange rates, please request a quote below.
Thanks For Reading, What Next?
Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.
Current rates:
Wednesday 23rd September 2020 at 14:30
£1.00 GBP = 1.0905 EURO
£1.00 GBP = 1.2742 USD
£1.00 GBP = 1.7932 AUD
£1.00 GBP = 1.9357 NZD
£1.00 GBP = 1.7004 CAD
£1.00 GBP = 21.7240 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
