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Join Us on our Social Media Platforms
During 2023 we are going to increase our activity across the Cle France social media platforms and we would very much like you to join us and share with us everything we all love about the French way of life.
We share more about France and French lifestyle here, rather than just property listings and how to buy and sell property, we also try to make it fun and entertaining, so come and join us where ever you prefer.
Hope to see you soon!
Kind regards,
Sharon & David Evans
Founders of Cle France.
Big week ahead for GBP, EUR & USD
Lots of important news coming up.
This week we have interest rate announcements from the “big three”.
The US Federal Reserve, Bank of England and European Central Bank all have meetings.
Rates rises are expected from all three central banks.
The US is expected to raise rates by 0.25%, whereas the UK and EU are likely to opt for a 0.5% increase (they are playing catch-up with the US).
The speeches that go with the interest rate decisions can be the most important part.
They offer clues as to what will happen next.
As a heads up, you often get a lot of volatility around interest rate announcements.
But volatility can be your friend or enemy.
So what next, what should you do?
It’s always worth being prepared in the event that exchange rates move in your favour.
If you have a currency transfer coming up, please get in touch to discuss a strategy.
To find out our latest rates, just click below.
Benefits of using Key Currency:
- Great exchange rates
- Quick and easy transfers
- No transfer fees
- Expert help and guidance
- Authorised by the FCA
Current rates:
Tuesday 31st January 2023 at 10:00
£1.00 GBP = 1.1387 EURO
£1.00 GBP = 1.2325 USD
£1.00 GBP = 1.7576 AUD
£1.00 GBP = 1.9170 NZD
£1.00 GBP = 1.6577 CAD
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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.
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Want to Live in France Post-Brexit? download our "PDF Guide to Living in France Post-Brexit" document.
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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.
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For everything you need to know about French property visit www.clefrance.co.uk
Pound up, but beware the R-word
The Pound has started the week with a boost.
It’s up against both the Euro and US Dollar.
However, economists are predicting a UK recession - potentially lasting until 2024.
That’s an ominous prediction.
If the UK economy is in fact shrinking, the Pound strength we’ve seen could be short-lived.
Buyers of Euros or Dollars should keep this in mind.
All important GDP data is out on Friday.
This will tell us a lot more about the health of the UK economy.
So what next, what should you do?
If you’re looking to make a currency transfer, you could save money by discussing timing and rates with your Account Manager.
Click below to get an exchange rate quote or call 01872 487 500.
We have (yet another) new Prime Minister
The hope is it brings some stability to the UK.
In reaction to the news, the Pound actually fell against the Euro and US Dollar.
As they say in the markets “The good news was already in the price”.
The positive reaction to the policy U-turn and change of PM happened last week.
Now it’s back to the job at hand: inflation.
All eyes remain on central banks as interest rates keep going up around the world.
Given how fragile the economic situation is, we expect currency markets to remain volatile.
Of course, that will present risks and opportunities.
So what next, what should you do?
If you have a currency transfer in mind, discussing it with your Account Manager could save you stress and money.
Click below to get an exchange rate quote or call 01872 487 500.
Kind regards,
David Evans
Co-Founder of Cle France.
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