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The French Property Network

Jun 23

Euro sat near 3-month highs

The Pound has lost a lot of value against the Euro recently.

It finished last week at its lowest level since late March.

It’s partly because the Eurozone economies are further along in the ‘opening’ process.

But it’s also because Brexit has become a thorny issue again.

Put simply, GBP is getting hit on two fronts: Coronavirus and Brexit.

It creates short-term and long-term uncertainty.

However, the Pound looks to be gaining some much-needed support as the latest Brexit talks have a “new momentum” according to the politicians.

For those holding Euros...

Perhaps you have an offer on your French property and will be soon selling your euros back into your home countries currency?

It could be a good time to take advantage of the Pound’s weakness.

The potential for large unexpected movements in currencies this year are high, so current levels can’t be taken for granted.

Please get in touch with a member of the Key Currency team on 01872 487 500.

Or to find out our latest exchange rates, request a quote 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 23rd June 2020 at 10:15

£1.00 GBP = 1.1046 EURO

£1.00 GBP = 1.2473 USD

£1.00 GBP = 1.8024 AUD

£1.00 GBP = 1.9238 NZD

£1.00 GBP = 1.6875 CAD

£1.00 GBP = 21.4976 ZAR

Cle France Currency Guide link

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

Add CommentViews: 188
Jun 16

Will the Pound crash on negative rates?

Desperate times for call for desperate measures.

The UK economy has shrunk by 24.5% according to the ONS, a scale never before seen before in history.

As a result, the Bank of England is now considering the mind boggling: “negative” interest rates.

This could have serious knock-on effects for the Pound.

Falling interest rates weaken a currency. Negative rates are far more extreme.

The Pound has been resilient recently as Coronavirus data has improved. However, economic reality awaits.

What Should You do?

As currency specialists, we appreciate our clients want to get the best rate possible.

But often sitting back and hoping for a certain rate in the future can be counterproductive and costly.

We can help structure a plan, discuss levels to aim for or ways to mitigate your currency risk.

You can speak to one of our account managers on 01872 487 500.

Or to find out our latest exchange rates, request a quote 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 16th June 2020 at 09:30

£1.00 GBP = 1.1203 EURO

£1.00 GBP = 1.2639 USD

£1.00 GBP = 1.8239 AUD

£1.00 GBP = 1.9548 NZD

£1.00 GBP = 1.7109 CAD

£1.00 GBP = 21.4757 ZAR

Cle France Currency Guide link

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

Add CommentViews: 115
Jun 9

Sterling hits 11-week high

The Pound has surged to an 11-week high against the US Dollar.

Against the Euro, the Pound is at the highest level in 3 weeks.

Plans to ease coronavirus lockdowns in the UK and signs the economy may bounce back due to pent-up demand have lifted GBP.

However, analysts warned that Brexit remains a risk for the Pound over the summer months.

Talks between the UK and EU have made little progress. A deal looks miles off.

Now could be a great opportunity for those needing to buy US Dollars or Euros with their Pounds.

If you hold GBP and want to take advantage of current rates, please get in touch with a member of the Key Currency team on +44 (0)1872 487 500.

Or to find out the latest rates, simply click on the link 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 9th June 2020 at 09:30

£1.00 GBP = 1.1242 EURO

£1.00 GBP = 1.2652 USD

£1.00 GBP = 1.8312 AUD

£1.00 GBP = 1.9525 NZD

£1.00 GBP = 1.6970 CAD

£1.00 GBP = 21.3300 ZAR

Cle France Currency Guide link

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

Add CommentViews: 126
Jun 4

Pound hits 7-week high against US Dollar

The Pound has surged against the Dollar in recent sessions.

GBP to USD is now hovering near 7-week highs.

It’s a great opportunity for those needing to buy US Dollars with their Pounds.

Since mid-March, you have profited by 9%.

As you can imagine, moves of this magnitude don’t come along very often.

If you hold GBP and want to take advantage of the valuation spike, please get in touch.

To speak to a dealer, call us on +44 (0)1872 487 500.

Or to find out the latest rates, simply click on the link 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: 

Thursday 4th June 2020 at 15:00

£1.00 GBP = 1.1142 EURO

£1.00 GBP = 1.2550 USD

£1.00 GBP = 1.8148 AUD

£1.00 GBP = 1.9542 NZD

£1.00 GBP = 1.6970 CAD

£1.00 GBP = 21.2277 ZAR

Cle France Currency Guide link

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

Add CommentViews: 116
May 26

Currency markets have begun to look beyond Coronavirus

Which way next for the Pound?

More recently, the big global issue has been rising tensions between the US and China – the world’s two largest economies.

It affects all currencies.

If the situation escalates, it is likely investors will dump the Pound in favour of safe-haven currencies like the US Dollar, Japanese Yen and Swiss Franc.

Don’t forget Trump has an election later this year. It will suit his political strategy to pick a fight with China.

The other issue putting pressure on the Pound is the 6-letter word: Brexit.

No extension has been agreed with the EU. It’s a ticking time bomb for the Pound.

If you have requirements to move EUR into GBP, consider taking advantage of the recent move in your favour.

If you need to purchase EUR, consider putting a line in the sand around current levels. While the rate has been higher, things could look a lot uglier in the coming weeks.

You can discuss your specific requirements with a member of the trading department on 01872 487 500.

To find out our latest rates, request a free quote 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 26th May 2020 at 09:25

£1.00 GBP = 1.1216 EURO

£1.00 GBP = 1.2270 USD

£1.00 GBP = 1.8592 AUD

£1.00 GBP = 1.9936 NZD

£1.00 GBP = 1.7067 CAD

£1.00 GBP = 21.3655 ZAR

Cle France Currency Guide link

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

Add CommentViews: 190

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