Pound Spikes to 21 Month Highs

The Pound has had a great little run lately…

Yesterday saw it hit 21 month highs against the Euro and 7 month highs against the US Dollar.

It’s largely because a delay in Brexit now looks likely.

While hopes of ‘kicking the can down the road’ has brought relief to currency markets, it will prolong the uncertainty that hangs over the UK.

The fact is the economy is only limping along.

This week we’ve seen that business confidence is at its lowest level since the Brexit referendum. On top of that, consumer confidence remains deeply negative.

Here’s my point: the Pound’s recent strength should not be taken for granted.

If you are looking to buy Euro’s or Dollar’s with your Pound’s you may wish to take advantage of the historically favourable rates at present.

To discuss securing a rate of exchange please contact me today on 01872 487 470.

Or to find out current rates, just click on the link below.

Click here for a Free quote.

Thanks For Reading, What Next?

To discuss Exchange Rates and Your Currency Options, please contact our trader today on 01872 487 500.
Need to Trade Your Currency soon, then request a free quote and we’ll look after you from there.

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates:

Friday 1st March 2019 at 09:45

£1.00 GBP = 1.1658 EURO

£1.00 GBP = 1.3244 USD

£1.00 GBP = 1.8657 AUD

£1.00 GBP = 1.9433 NZD

£1.00 GBP = 1.7399 CAD

£1.00 GBP = 18.7241 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

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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