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The French Property Network

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: 55
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
Dec 22

Pound signals trouble ahead

There’s been some erratic moves in exchange rates recently.

As you know, it’s far from a normal December.

If Christmas wasn’t imminent, you get the feeling we would already have new restrictions in place. There’s even talk of more lockdowns.

It’s the calm before the storm.

While the Pound has been see-sawing against the Euro, it continues to slide against the US Dollar.

This tells us investors are aware of the impending risk and are rotating towards safe-haven currencies.

We know in periods of uncertainty, volatility rises.

It makes the timing of your money transfers even more critical.

Consider using the window of opportunity before Christmas to protect yourself from the risks of adverse market movements.

Speak to a member of the Key Currency 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 22nd December 2021 at 10:50

£1.00 GBP = 1.1789 EURO

£1.00 GBP = 1.3316 USD

£1.00 GBP = 1.8589 AUD

£1.00 GBP = 1.9642 NZD

£1.00 GBP = 1.7184 CAD

£1.00 GBP = 21.1707 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: 218
Dec 17

A big day yesterday for Pound Sterling

Pound jumps but for how long?

The Bank of England raised interest rates for the first time in 3 years.

The Pound jumped against the Euro, US Dollar and most other currencies on the news.

It was a brave decision given how uncertain things are right now.

The Omicron variant is the Ebenezer Scrooge of Christmas.

If Boris Johnson introduces new restrictions once the turkey and brussels are eaten, the Pound’s gains could be very short-lived.

Make sure any upcoming transactions are protected against the risks of sudden market movements.

Consider taking advantage of current exchange rates while you can.

Speak to a member of the Key Currency team on 01872 487 500.

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: 

Friday 17th December 2021 at 11:15

£1.00 GBP = 1.1739 EURO

£1.00 GBP = 1.3283 USD

£1.00 GBP = 1.8578 AUD

£1.00 GBP = 1.9662 NZD

£1.00 GBP = 1.7016 CAD

£1.00 GBP = 21.1362 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: 159

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