Sometimes Bad News can be Good News

Yes indeed - bad news can be Good News, for currencies anyway.

This morning the UK inflation rate has held above 10%.

While not great for the economy, it has given the Pound a big boost.

In recent times, currencies have been underpinned by expectations of more interest rate increases.

That trend continues.

You would have to say the overall trend in GBP/USD is positive and GBP/EUR is choppy with a negative bias.

Put simply, the Pound looks to be doing well against the US Dollar but is struggling against the Euro.

Those looking to buy Euros or US Dollars with their Pounds...

You may wish to take advantage of the bounce in the Pound today.

If you have upcoming requirements, please get in touch so we can discuss target rates and market trends.

To speak to a member of our team, call us on 01872 487 500.

Or to find out the latest exchange rates, click below.

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