The Exit Polls were just about right.

The UK election panned out as expected

The Pound - it didn’t really move much, it was all phased in anyway.

The Euro - it also found some support as French elections look headed for a hung parliament, calming political risks.

The US Dollar - it has been a bit weaker of late as there is growing pressure on Joe Biden to stand aside and not seek re-election.

Other than that, it would seem we are back to focusing on inflation and interest rates.

I would describe the current trend in GBP/EUR as quite choppy but ultimately range bound.

Whereas, GBP/USD has an upward bias as it’s hovering near 1-month highs.

Summer trading can be more volatile as there’s thinner volumes, so keep an eye out for opportunities.

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.

If you have an upcoming requirement, please get in touch so we can keep an eye on rates for you.

If you would prefer to lock-in a rate and avoid the uncertainty, then please get in touch.

You can call us on 01872 487 500.

Or click below for our latest rates.

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
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Current rates: 

Wednesday 10th July 2024 at 14:00

£1.00 GBP = 1.1830 EURO

£1.00 GBP = 1.2805 USD

£1.00 GBP = 1.8990 AUD

£1.00 GBP = 2.1070 NZD

£1.00 GBP = 1.7445 CAD

£1.00 GBP = 1.1505 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.

  

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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.
• Clients can typically save you 3-4% of the total transaction value, which can result in significant cost savings.
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