Political events dominated last year and 2020 looks no different.
We enter the new year with the threat of war in the Middle East.
If the Iranian situation gets worse, we can expect the Pound to fall against safe-haven currencies such as the US Dollar, Japanese Yen and Swiss Franc.
No doubt Brexit will be back in the news again soon – adding to GBP exchange rate volatility.
While the election result eased fears, there is still the very real prospect of a no-deal Brexit.
Boris Johnson is determined to leave the EU at the end of 2020 – with or without a trade deal.
As always, we will look to help clients take advantage of opportunities as they arise and protect the downside.
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:
Monday 20th January 2020 at 14:00
£1.00 GBP = 1.1733 EURO
£1.00 GBP = 1.3006 USD
£1.00 GBP = 1.8959 AUD
£1.00 GBP = 1.9710 NZD
£1.00 GBP = 1.6994 CAD
£1.00 GBP = 18.9144 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.
- Download our "Buying A Property in France" Guide PDF document.
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If you are concerned about Brexit? download our "PDF Guide to Brexit" document.
For everything you need to know about French property visit www.clefrance.co.uk