Outlook for Pound, Euro and Dollar 2024

A quick update on the latest trends.

Pound to Euro is trading sideways at the moment, moving in a fairly tight range.

Standing back though, the GBP / EUR rate is a lot closer to the high than the low for 2023.

The trend still looks positive for Pound to US Dollar (GBP/USD), having hit a three-month high last week.

Moving forward, we see 2024 as being a year of rate cuts.

Bear in mind, rate cuts tend to weaken a currency.

Markets expect the US Fed to lead the way (March is pencilled in) and the rest to follow.

We see the ECB joining in soon thereafter, but the UK holding back a few months (2nd half of 2024 perhaps).

The Bank of England seems to be the only major central bank still talking tough on inflation.

Everyone else is hinting at cuts. That is keeping the Pound strong for now.

With exchange rates currently 'stable', you might wish to secure a rate now and rest easy over the festive break.

So what next, what should you do?

Get ahead of the game and read our Guide to Foreign Currency Exchange.

Download the Guide Here - with no obligation of course.

With exchange rates currently 'stable', you might wish to secure a rate now and rest easy over the festive break.

You can speak to us on 01872 487 500.

Or to find out our latest rates, click below.

Benefits of using Key Currency:

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
5. Authorised by the FCA

Current rates: 

Thursday 21st December 2023 at 08.45

£1.00 GBP = 1.1530 EURO

£1.00 GBP = 1.2628 USD

£1.00 GBP = 1.8721 AUD

£1.00 GBP = 2.0209 NZD

£1.00 GBP = 1.6847 CAD

£1.00 GBP = 1.0898 CHF

• 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