Pound has climbed back up to 3 week highs

The Pound has climbed back up to 3-week highs against the Euro and Dollar.

It’s more a reversal of the panic selling than a shift in fundamentals.

In times of crisis, the Pound tends to get hit harder than currencies perceived to be safer, such as the US Dollar, Euro and Swiss Franc.

The recovery is far from convincing.

At present, the Pound is at the mercy of rotations between hope and fear.

One further implication of coronavirus is that it’s likely the Brexit transition period will be extended.

Both Boris Johnson and the EU’s chief negotiator, Michel Barnier, currently have coronavirus.

Without a doubt, it’s highly uncertain times for individuals and businesses.

If you have a currency requirement or are just worried about your foreign exchange exposure, please do get in touch.

We are Open as Usual

Our banking and payment systems are operating as normal.

We will also remain open over the Easter period – including Good Friday and Easter Monday.

To speak to a trader today, call 01872 487 500.

Or to find out current exchange rates, request a quote below.

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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