Pound breaks out to best rate of the year

A bit of good news can make all the difference…

Pound Sterling surged against all the other major currencies yesterday after the UK recorded a 6-year high in business optimism.

The knock-on effect is the Bank of England is likely to back away from any interest rate cuts – which is Pound positive.

Pound Sterling now finds itself at new highs for 2020.

It’s also a reminder that there’s more to life than Brexit.

But alas, we all know the issue of Brexit will be back in the news soon enough. And that means exchange rate volatility.

If you need to buy Euros and would like to take advantage of the favourable move, consider locking-in a rate.

If you need to sell Euros at present, you need to weigh up whether you can afford for the rate to fall further.

Although the GBP/EUR rate has been higher, it’s also been a lot lower too.

Sometimes certainty is the easiest path.

Find out our latest rates of exchange below or call 01872 487 500 to speak to a currency expert.

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.

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.

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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