Clé France

US Dollar near 18-month highs

For the Pound, it’s been another bumpy week.

Going forward, inflation and the threat of ‘stagflation’ are likely to keep on throwing big punches.

At present, the Pound seems caught in the middle of a strong Dollar and weak Euro.

In recent weeks, the US Dollar has continued making gains.

In fact, it’s hovering near 18-month highs against the Euro.

The Dollar’s strong position has also been helped by positive US jobs numbers.

With the Euro, to put it bluntly, it’s the opposite.

There’s pressure across the continent for further tough sanctions on Russian oil.

But with Europe dependent on Russian oil, the Euro could well take another dip.

At the moment, the only thing we can bank on is continued volatility.

Which is why it’s important to discuss the right time to exchange your money.

If you have a transfer in mind for the coming days, weeks or months, please do get in touch.

Give us a call on 01872 487 500.

Or get a quote on the current exchange rate 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 6th April 2022 at 10:15

£1.00 GBP = 1.2001 EURO

£1.00 GBP = 1.3103 USD

£1.00 GBP = 1.7273 AUD

£1.00 GBP = 1.8829 NZD

£1.00 GBP = 1.6371 CAD

£1.00 GBP = 19.1892 ZAR

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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.
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