Pound at risk as 2nd lockdown looms
The threat of a second lockdown has become a risk event.
It comes at a time when GBP is already under pressure from Brexit.
Markets universally hate one thing: uncertainty.
We now face the prospect of nation in lockdown as it ends the Brexit transition period.
You can see why investors are worried…
The Pound could be facing sizeable downside risk from here.
Second-guessing the events ahead could be costly.
How to Break the Uncertainty
For those with currency requirements in the future, it might be prudent to lock in your exchange rate, so your money isn’t affected by the uncertainty and volatility ahead.
Call 01872 487 500 to discuss technical levels and target rates with our trading team.
Or to find out our latest exchange rates, please request a quote below.
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:
Wednesday 23rd September 2020 at 14:30
£1.00 GBP = 1.0905 EURO
£1.00 GBP = 1.2742 USD
£1.00 GBP = 1.7932 AUD
£1.00 GBP = 1.9357 NZD
£1.00 GBP = 1.7004 CAD
£1.00 GBP = 21.7240 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