This could be far closer than we think…
On the eve of the election, the latest polls are showing that a hung parliament is now a real possibility.
A hung parliament could trigger a large fall in the Pound as it would lead to greater uncertainty over the economy and Brexit.
We note that this week there has been a surge in institutional investors using options to hedge themselves against the election result.
What this means is the Pound could move significantly – either way – over the next few days.
If you have a currency requirement, consider securing a rate today to protect yourself from an adverse move.
Click here for a Quick Quote.
Thanks For Reading, What Next?
Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.
Current rates:
Wednesday 11th December 2019 at 14:45
£1.00 GBP = 1.1884 EURO
£1.00 GBP = 1.3184 USD
£1.00 GBP = 1.9245 AUD
£1.00 GBP = 2.0100 NZD
£1.00 GBP = 1.7437 CAD
£1.00 GBP = 19.4417 ZAR
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- 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.
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