Pound jumps back up again

The UK and the EU agreed a new post-Brexit deal for Northern Ireland.

It’s given the Pound a lift, but these days the markets seem bored with Brexit.

Last week we had more of a thunderbolt.

Better than expected UK business confidence and budget numbers really got the Pound motoring.

The market reaction though was quite revealing.

The Pound jumped higher on the day of the news but then drifted back down over the following days.

From a technical perspective, that’s a negative sign.

For the bulls to be in charge, the Pound should have held on to its gains following a positive gap, not given them up so easily.

It means there are plenty of Pound sellers still out there.

I guess one takeaway is that currency markets tend to give both buyers and sellers opportunities.

That makes our job easier.

So what next, what should you do?

We’re always looking to make the most of any favourable moves.

If you want to speak to a member of our team, call us on 01872 487 500.

Or to find out the latest rates, click below.

Benefits of using Key Currency:

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
5. Authorised by the FCA

Current rates: 

Tuesday 28th February 2023 at 11:30

£1.00 GBP = 1.1401 EURO

£1.00 GBP = 1.2100 USD

£1.00 GBP = 1.7970 AUD

£1.00 GBP = 1.9638 NZD

£1.00 GBP = 1.6416 CAD

• 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.

  

• 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.

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

Pound surges to 3-week high

Good news for Pound Sterling, the UK may avoid a recession.

February’s PMI business survey smashed expectations.

Business confidence is now at a 7-month high for manufacturing and an 8-month high for services.

The news has triggered a clean sweep for the Pound.

The Pound has leapt to 3-weeks high against the Euro but has had similar jumps against all the Dollars (USD, AUD, CAD, NZD, SGD – need I go on).

What’s more, the UK government has found about £30 billion down the back of the sofa.

Public finances have come in much better than forecast (thank you taxpayers).

But the UK isn’t in a bubble.

If things are improving in the UK, chances are things are on the mend elsewhere too.

So what next, what should you do?

If you need to sell Pounds and buy Euros or US Dollars, you might consider taking advantage of the recent favourable move.

Often in finance it’s better to react than predict.

If you have a currency requirement, get in touch and we can help you make the most of your money.

Call us on 01872 487 500 to speak to our team.

Or click below for our latest rates.

Benefits of using Key Currency:

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
5. Authorised by the FCA

Current rates: 

Wednesday 22nd February 2023 at 11:00

£1.00 GBP = 1.1368 EURO

£1.00 GBP = 1.2086 USD

£1.00 GBP = 1.7717 AUD

£1.00 GBP = 1.9426 NZD

£1.00 GBP = 1.6382 CAD

• 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.

  

• 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.

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

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:

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
5. 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

• 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.

  

• 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.

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

Rate Alert: Euro hits fresh 1 month high vs Pound

If you are property hunting in France soon then the Euro to Pound exchange rate has moved in your favour.

There is growing speculation that the UK economy is performing poorly, which is causing the rise in the Euro.

The Euro rose nearly 1% in a day, that is a huge movement in your favour.

Click below to get an exchange rate quote, or give us a call on 01872 487 500.

Get a free quote here

Current rates: 

Thursday 22nd December 2022 at 11:00

£1.00 GBP = 1.1371 EURO

£1.00 GBP = 1.2085 USD

£1.00 GBP = 1.7938 AUD

£1.00 GBP = 1.9196 NZD

£1.00 GBP = 1.6453 CAD

• 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.

  

• 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.

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

Yes the Euro rises to a 4-week high versus Pound Sterling.

That’s a significant move in your favour.

We’ve seen interest rate hikes globally, but the ECB has said they plan to continue raising rates aggressively in Europe.

This rise could be a good opportunity to transfer Euros to Pounds.

Are you still interested in a Euro to Pounds transfer?

If you are, we can discuss it with you and give you a free Euro to Pound quote.

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

Get a free quote here

Benefits of using Key Currency:

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
5. Authorised by the FCA

Current rates: 

Friday 16th December 2022 at 09:00

£1.00 GBP = 1.1449 EURO

£1.00 GBP = 1.2176 USD

£1.00 GBP = 1.8187 AUD

£1.00 GBP = 1.9160 NZD

£1.00 GBP = 1.6611 CAD

• 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.

  

• 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.

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