Will the Pound Pop or Drop?

Only 6 weeks to go until Brexit Day… and we’re still going nowhere fast.

Brussels watches on as the UK argues, debates and fights itself over and over again.

Given all the fear of a no-deal Brexit you might expect the Pound to be getting battered.

But the sheer lack of progress has also opened the possibility of an extension or even a second referendum – both of which are Pound positive.

So despite the pressure-cooker situation, GBP is holding up for now.

Don’t be fooled by the lack of volatility though.

There’s a lot at stake here. It’s just that the outcome is so up in the air, so the Pound doesn’t know whether to pop or drop… yet.

As we’ve been saying for a while, a lot of UK businesses have been preparing for the events that lie ahead by locking-in exchange rates today. And you can too.

For expert guidance or to find out the latest exchange rates, please get in touch on 01872 487 500 or request a free quote below.

Click here for a Free quote.

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: 

Friday 15th February 2019 at 11:00

£1.00 GBP = 1.1366 EURO

£1.00 GBP = 1.2818 USD

£1.00 GBP = 1.8050 AUD

£1.00 GBP = 1.8728 NZD

£1.00 GBP = 1.7031 CAD

£1.00 GBP = 18.0485 ZAR

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.
• Download our "Buying A Property in France" Guide PDF document

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  If you are concerned about Brexit? download our "PDF Guide to Brexit" document.

  

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