Clé France

The Pound has jumped to a 1-month high against the US Dollar.

There’s been caution around the Dollar because US interest rate rises are expected to be aggressive.

As for the Pound, it’s meant a rare bright spell against the Dollar.

However, it’s set to be another challenging week for the UK economy – not to mention Boris Johnson.

The fallout from “Party-gate” appears to be gaining momentum in Westminster.

And the cost-of-living crisis is adding pressure to the UK government.

Both could cause fears around the Pound.

On the continent, the Euro also had a good week against the Dollar.

Therefore, the Euro has been relatively steady against the Pound.

Stability is likely to be short-lived though.

With so much uncertainty in the world, currency markets will remain volatile.

If you have a currency transfer in mind, exchange rate movements are so important.

It could be hugely beneficial to speak to your account manager and discuss the timing of your transfer.

Click the link below to get a free quote or call 01872 487 500.

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 1st June 2022 at 13:00

£1.00 GBP = 1.1738 EURO

£1.00 GBP = 1.2572 USD

£1.00 GBP = 1.7463 AUD

£1.00 GBP = 1.9317 NZD

£1.00 GBP = 1.5886 CAD

£1.00 GBP = 19.5094 ZAR

• Want to Learn More?

• We have created a selection of Free PDF Guides for you to download covering many aspects of buying property abroad, visit our PDF Guides Page today or download our "Buying A Property in France" Guide PDF document.

• Want to Live in France Post-Brexit? download our "PDF Guide to Living in France Post-Brexit" document.

  

• 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.

• For everything you need to know about French property visit www.clefrance.co.uk