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The French Property Network

Aug 4

Pound in the spotlight this week

The Pound has started this week on relatively firm footing.

With Covid cases receding in the UK, investors are focusing on the recovery story.

The IMF recently revised its 2021 growth forecast for the UK up to 7% - which is the joint highest growth rate of the major advanced economies (along with the USA).

As things improve, both the UK and US central banks are making noises about tightening their ultra-loose policies.

Speaking of which, the Bank of England meets this Thursday for their monthly chat.

Central bank meetings can be big market movers even if nothing actually happens. That’s because ‘forward guidance’ (hints about the future) is a critical part of their mandate. This will no doubt put the Pound in the spotlight tomorrow.

With so much global uncertainty, there is plenty that could change in the weeks ahead.

For those with currency requirements, it pays to be ready to make the most of opportunities as they arise.

Our team can guide you on current market trends and the best rates available.

To speak to a member of our team, call 01872 487 500.

Or to find out our latest rates just 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: 

Wednesday 4th August 2021 at 11:20

£1.00 GBP = 1.1752 EURO

£1.00 GBP = 1.3937 USD

£1.00 GBP = 1.8791 AUD

£1.00 GBP = 1.9698 NZD

£1.00 GBP = 1.7468 CAD

£1.00 GBP = 19.8802 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: 839
Jul 28

Pound Sterling jumps to 2 week high

The Pound has reasserted its relative strength this week.

Against the Euro and the Dollar, GBP now sits at 2-week highs.

The removal of Covid restrictions has flipped from a negative to a positive catalyst as receding new cases have provided support for the Pound.

With a slim economic calendar this week, we expect currency markets to focus on the spread of the delta variant.

It’s worth noting that sometimes you get surprising moves during lightly traded markets.

If you have upcoming currency requirements, it’s best to have a plan in place so you’re ready to take advantage of any opportunities.

To discuss current rates and future guidance, please reach out to the Key Currency trading team on 01872 487 500.

Or to find out our latest exchange rates, 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: 

Wednesday 28th July 2021 at 09:25

£1.00 GBP = 1.1750 EURO

£1.00 GBP = 1.3869 USD

£1.00 GBP = 1.8877 AUD

£1.00 GBP = 1.9970 NZD

£1.00 GBP = 1.7450 CAD

£1.00 GBP = 20.5387 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: 339
Jul 14

Pound Hits 3 Month High

The focus of currency markets remains firmly on the economic recovery.

Some countries (and currencies) are doing better than others.

The UK remains in a stronger position than most right now. With the majority of the adult population vaccinated, it’s full steam ahead (fingers crossed).

Sterling continues to trend upwards against the Euro.

The GBP/EUR rate is sitting at 3-month highs. Recent news would suggest this is more a case of Euro weakness than Sterling strength.

Against the US Dollar, the trend is less pronounced. The US Dollar has been making a bit of a comeback against most of the other major currencies. Overall, GBP/USD looks to be weakening.

Of course, these are far from normal times. There is plenty that could change in the weeks ahead.

Get ahead of the game.

For those with currency requirements, it’s best to have a plan so you can make the most of opportunities as they arise.

Our team can guide you on up-to-the-minute market trends and the best rates available.

To speak to a currency expert, call 01872 487 500.

Or click below to find out our latest rates.

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: 

Wednesday 14th July 2021 at 10:00

£1.00 GBP = 1.1750 EURO

£1.00 GBP = 1.3846 USD

£1.00 GBP = 1.8610 AUD

£1.00 GBP = 1.9767 NZD

£1.00 GBP = 1.7328 CAD

£1.00 GBP = 20.4149 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: 466
Jun 30

Raheem Sterling or Pound Sterling

GBP, EUR, USD Outlook and Market Trends

I would imagine more eyes were on Raheem Sterling than Pound Sterling yesterday.

As a quick update, the current market trends remain in place.

Against the Euro, the Pound has been largely trading in a range.

In such conditions, it can make it easier to execute good timing as there are clear parameters to work with.

Against the US Dollar, the Pound continues to look fragile.

This is mainly due to broad Dollar strength rather than a shift against Sterling.

Looking further out, while Sterling has lost some of its lustre from ‘vaccine disparity’, there is now scope for Central Bank disparity.

The Bank of England is likely to tighten monetary policy well before the European Central Bank (ECB). The ECB’s slow-bordering-on-sloth approach is expected to weigh on the Euro over the medium term.

The US Dollar has had a rough start to the year, but we suspect that is a by-product of greater global risk appetite.

Recent moves in currency, bond and commodity prices suggest some of the fizz is coming out of the markets, which will benefit the safe-haven Dollar.

If you would like to discuss your specific requirements with a member of the Key Currency team please call 01872 487 500.

Or click below to find out our latest rates.

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: 

Wednesday 30th June 2021 at 10:00

£1.00 GBP = 1.1639 EURO

£1.00 GBP = 1.3836 USD

£1.00 GBP = 1.8451 AUD

£1.00 GBP = 1.9826 NZD

£1.00 GBP = 1.7186 CAD

£1.00 GBP = 19.8368 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: 314
Jun 23

Currency Outlook GBP, USD, EUR

Focus has shifted back to the daily data.

More recently, investors have been looking beyond Covid.

The Pound continues to look in decent shape against the Euro. An uptrend still looks in place, but it is hardly convincing.

Against the US Dollar, the Pound has lost momentum. If anything, there looks to be a negative bias developing.

That’s not surprising given how much ground the Pound has gained against the Dollar in 2021. A broader Dollar recovery has been building across other currencies too.

What should you do?

Like the ocean, currency markets are constantly churning.

A market without volatility would be unnatural, like an ocean without waves.

For some people, the volatility of exchange rates can be exciting, providing opportunities to grab a better rate.

For other people, the constant ebb and flow can feel threatening, especially if you are on the wrong side of the move.

Part of our service is to help guide you through exchange rate volatility.

We are always happy to discuss the latest market trends and the best rates available.

To speak to a member of our team, call 01872 487 500.

Or click below to find out our latest rates.

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: 

Wednesday 23rd June 2021 at 12:10

£1.00 GBP = 1.1691 EURO

£1.00 GBP = 1.3962 USD

£1.00 GBP = 1.8443 AUD

£1.00 GBP = 1.9832 NZD

£1.00 GBP = 1.7166 CAD

£1.00 GBP = 19.8224 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: 370

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