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Jan 25

Pound falls towards 2022 lows

The Pound to Euro rate has tumbled over the last few days.

Only yesterday it was barely holding above the low point for the year.

The simmering problems in the Ukraine have got investors spooked.

Note - The Pound tends to get hit harder than the Euro in times of trouble.

We also think the market expectation for four UK interest rate hikes in 2022 may be a bit too ambitious.

If this expectation doesn’t eventuate, it will be bad news for the Pound.

I guess it’s another example of things changing rapidly in these uncertain times.

Trends can be short-lived. Opportunities can be fleeting.

As always we will be keeping an eagle eye on what’s happening in currency markets.

If you would like to speak to a member of our team, call us on 01872 487 500.

Or to find out our latest rates, click below.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Tuesday 25th January 2022 at 09:30

£1.00 GBP = 1.1935 EURO

£1.00 GBP = 1.3481 USD

£1.00 GBP = 1.8871 AUD

£1.00 GBP = 2.0191 NZD

£1.00 GBP = 1.7047 CAD

£1.00 GBP = 20.6403 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.

    Brexit Guide Download

  • 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.

Cle France Currency Guide link

How to Save Money on your foreign currency transfers

Add CommentViews: 57
Jan 14

Travel to France is Open Again

France has Re-Opened for Travel

As of today (January 14th 2022), fully vaccinated people travelling from the UK to France will no longer need an essential reason for travel and no longer have to quarantine on arrival.

You will still, however, be required to present the negative result of a Covid test [PCR or lateral flow] taken in the 24 hours before your journey begins.

It should also be noted that from Saturday all adults, residents and visitors, will need to have had a booster Covid jab to be considered 'fully vaccinated' under French health pass rules for leisure and attending events within France, if their second jab was more than seven months ago (the NHS Covid App is acceptable in France for 'health pass' purposes).

Boosters are not however a requirement for entry to the country, though this could change later in the year.

Viewing appointments are now being snapped up quickly so get in touch and secure your viewing trip appointments as soon as possible.

Travel to France

Blog submitted by: Sharon Evans - Founder of Cle France.

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

Add CommentViews: 157
Jan 11

Pound pushes towards 2 Year Highs

The Pound continues its bullish trend.

Right now it is sitting on the cusp of 2-year highs against the Euro.

Investors are thinking that Omicron cases will peak in the UK soon.

That’s what happened in South Africa – a rapid rise followed by a rapid fall.

If things pan out that way, the pressure will be back on the Bank of England to tackle UK inflation.

In other words, investors’ are betting that interest rate rises are coming.

The first test will be early next month.

Market expectations are for 3-4 hikes this year alone, so the Bank of England needs to get a move on.

Of course if they choke (on their crumpets and jam), the Pound’s gains could easily go into reverse.

One thing’s for sure…

Nothing stays static for long in the currency markets.

With so much going on, uncertainty and volatility are here to stay.

But where there’s movement, there’s opportunities.

If you would like to speak to a member of our team, call us on 01872 487 500.

Or to find out our latest rates, click below.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Tuesday 11th January 2022 at 09:30

£1.00 GBP = 1.1994 EURO

£1.00 GBP = 1.3607 USD

£1.00 GBP = 1.8931 AUD

£1.00 GBP = 2.0078 NZD

£1.00 GBP = 1.7199 CAD

£1.00 GBP = 21.1861 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.

    Brexit Guide Download

  • 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.

Cle France Currency Guide link

How to Save Money on your foreign currency transfers

Add CommentViews: 180
Jan 4

Pound Jumps to 22 Month High

Happy New Year and Happy New High!

They say greed and fear drive markets, but hope can be a powerful force too.

Right now the Pound is riding high at 22-month highs against the Euro despite the large number of new Covid cases.

It seems investors are hopeful the UK government will resist calls for further restrictions and thereby keep the economic recovery on track.

In Europe, governments face a similar dilemma. But the policy response of each EU country is less clear.

Both the Pound and the Euro will stay sensitive to coronavirus reports, and the announcements of leaders and health officials.

We’re not out of the woods yet.

We expect exchange rates to remain volatile.

If you would like to discuss your currency transfer requirements, you can speak to a member of our team on 01872 487 500.

Or to find out our latest exchange rates, please click below.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Tuesday 4th January 2022 at 10:45

£1.00 GBP = 1.1950 EURO

£1.00 GBP = 1.3505 USD

£1.00 GBP = 1.8719 AUD

£1.00 GBP = 1.9884 NZD

£1.00 GBP = 1.7208 CAD

£1.00 GBP = 21.5842 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.

    Brexit Guide Download

  • 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.

Cle France Currency Guide link

How to Save Money on your foreign currency transfers

Add CommentViews: 140
Jan 2

New Year's Traditions in France

French Culture – New Year’s Traditions

On this deuxième jour de janvier (second day of January), I’d like to start off by wishing everyone une très bonne année! (a very Happy New Year!) New Year’s provides the French with not one, but two more chances to do what they do best . . . celebrate!

Like most festive French holidays, New Year’s (both le Réveillon et le jour de l’An / New Year’s Eve and New Year’s Day) feature great food and, of course, Champagne!* Many French New Year’s feasts also feature a (or many!) big platter(s) of freshly shucked huîtres (oysters). Shipped fresh from the ports of la Bretagne (Brittany), les huîtres are a favourite of the French for the holidays

Les mois sans ‘r’

While oysters are now consumed year-round, historically eating oysters (and other seafood) in the warmer months could be dangerous for those living far from the shore (no refrigeration meant that delicate seafood could easily spoil in transport). Oysters also reproduce when the water around them gets warm (generally in mid-spring and summer months of mai, juin, juillet, et août / May, June, July, and August) and some find that oysters are not as good at this this time. These two facts resulted in a common French tradition of avoiding oysters in les mois sans ‘r’/months without an ‘r’!

New Years Eve

Le saviez-vous? / Did you know?

Le jour de l’An (New Years Day) was not always January 1st. For centuries, the start of the year varied from country to country and even sometimes by region. In parts of France the new year once started on April 1 (and some say that the tradition of le poisson d’avril dates from this period). It wasn’t until the late 16th century, when Pope Gregory XIII introduced the Gregorian calendar we know today, that January 1 was officially established as the start of the new year (at least throughout the Christian world).

* While most wine-producing countries have some form of vin mousseux/sparkling wine (Prosecco from Italy, Cava from Spain; even France has vin mousseux produced in regions outside Champagne ), Champagne is only Champagne if it is produced in the French region of the same name.

Cle Mortgages

Blog submitted by: Alex at The French Property Network - Cle France.

Add CommentViews: 3015

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