Wild Swings in Big Currencies

Let us try and makes sense of it for you.…

Right now, we are seeing some wild swings in the major currencies.

The market’s main theme recently has been a shift towards risk aversion as scared money seeks safety.

Usually, the US Dollar is considered a safe haven in uncertain times, but not this time.

Money is flowing out of the US Dollar and looking for calmer waters.

Typical safe haven currencies such as the Swiss Franc and Japanese Yen have seen big inflows (as expected).

But given its deep liquidity and lack of alternatives, the Euro has also been a somewhat surprising beneficiary as investors shift away from the US Dollar.

The Euro’s ascent has led to a rapid fall in the Pound to Euro rate. GBP/EUR slumped to 17-month lows late last week.

However, in the last few days, we’ve seen the Pound stage a small comeback against the Euro as investors nerves have calmed down a little.

But it’s likely there will be many more twists and turns to come.

Big announcements from the White House are literally happening daily, so expect more see-sawing moves.

Aside from tariff news, the UK is set to release the latest unemployment and inflation data later this week.

And the European Central Bank has an interest rate decision on Thursday – which tends to be a high impact event for the Euro.

Lots to consider before Easter.

So what next, what should you do?

As always, it’s best to keep a close eye on exchange rates so you can make the most of the opportunities.

Be sure to reach out so we can discuss the best options for you..To speak to our team, call 01872 487 500.

To find out our latest rates, just click below

.

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
5. Authorised by the FCA

Current rates: 

Tuesday 15th April 2025 at 09:30

£1.00 GBP = 1.1650 EUR

£1.00 GBP = 1.3230 USD

£1.00 GBP = 2.0810 AUD

£1.00 GBP = 2.2385 NZD

£1.00 GBP = 1.8330 CAD

£1.00 GBP = 1.0770 CHF

• 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.

  

• 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.

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

Pound braced for wild week

A new month and a new quarter this week.…

The big event to be aware of is coming this Wednesday…

Donald Trump is set to launch a major round of tariffs on goods from all countries in what he is calling “Liberation Day”.

There is a proposed 25% tariff on cars – something that will be particularly damaging to the EU.

But it won’t stop there.

The UK, EU and Canada are currently discussing whether to immediately retaliate with tariffs of their own.

Amidst all the tariff talk, the US economy is feeling the pinch.

Consumer confidence has dropped for four months straight – not a good sign for other countries.

Trade war talk is now turning into action.

Given what’s about to happen, markets are braced for high volatility.

So what next, what should you do?

As always, it’s best to keep a close eye on exchange rates so you can make the most of the opportunities.

Make sure to reach out to our team to discuss the best options for your currency requirements.

To speak to our team, call 01872 487 500.

To find out our latest rates, just click below.

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
5. Authorised by the FCA

Current rates: 

Tuesday 1st April 2025 at 12:15

£1.00 GBP = 1.1960 EUR

£1.00 GBP = 1.2910 USD

£1.00 GBP = 2.0655 AUD

£1.00 GBP = 2.2750 NZD

£1.00 GBP = 1.8580 CAD

£1.00 GBP = 1.1390 CHF

• 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.

  

• 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.

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

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Busy Week Ahead for Pound Sterling

There are plenty of UK events coming out this week…

On Wednesday morning we have the latest inflation reading.

This will be followed by Rachel Reeves’ Spring Statement at Wednesday lunchtime, with more spending cuts expected.

Then on Friday, we have Retail Sales for February.

All big numbers, all this week.

There is also plenty of action expected for the US Dollar with consumer confidence and GDP figures due out on Wednesday and Thursday.

And as I’m sure you’ve seen in the news, all the tough talk about tariffs will keep things interesting too.

With all the uncertainty, it’s little surprise that markets are choppy right now.

That can work both ways. Risk and opportunity are close cousins.

So what next, what should you do?

As always, it’s best to keep a close eye on exchange rates so you can make the most of the opportunities.

Better still, why not get in touch with us so we can help you with your specific requirements.

To speak to our team, call 01872 487 500.

To find out our latest rates, just click below.

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
5. Authorised by the FCA

Current rates: 

Tuesday 25th March 2025 at 10:25

£1.00 GBP = 1.1965 EUR

£1.00 GBP = 1.2940 USD

£1.00 GBP = 2.0520 AUD

£1.00 GBP = 2.2575 NZD

£1.00 GBP = 1.8510 CAD

£1.00 GBP = 1.1425 CHF

• 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.

  

• 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.

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

Change your subscription

Bumper week: countdown to UK rate decision

Lots happening right now…

The most important are the interest rate decisions in the US and UK.

We have the US Federal Reserve on Wednesday.

Then it’s the Bank of England’s turn on Thursday.

Not only that, we also have the Bank of Japan and Swiss National Bank making rate announcements - it’s a frenzy of central bank announcements!

Currency markets are always super sensitive to rate decisions.

It’s particularly precarious right now – the economic news has been pretty weak everywhere.

This is evident by the steep fall in global stock markets.

Bear in mind, the tariff trade wars are only just beginning, and investors fear they could trigger a recession.

This is weighing heavily on the US Dollar.

GBP / USD is at a 2-month high as the Dollar crumbles.

The trend in GBP / EUR is less clear.

Over the past week, it’s been volatile, but range bound.

So what next, what should you do?

As always, it’s best to keep a close eye on exchange rates so you can make the most of the opportunities.

Better still, why not get in touch with us so we can help you with your specific requirements.

To speak to our team, call 01872 487 500.

To find out our latest rates, just click below.

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
5. Authorised by the FCA

Current rates: 

Wednesday 18th March 2025 at 10:30

£1.00 GBP = 1.1880 EUR

£1.00 GBP = 1.2990 USD

£1.00 GBP = 2.0385 AUD

£1.00 GBP = 2.2325 NZD

£1.00 GBP = 1.8575 CAD

£1.00 GBP = 1.1430 CHF

• 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.

  

• 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.

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

The Pound back on the move

Lots happening right now…

At the centre of most things is Donald Trump.

Following the Trump / Zelensky meeting, the normally tight Germans are looking to spend hundreds of billions of Euros on defence and infrastructure investments.

This has given the Euro a boost with EUR/GBP sitting at 2-week highs.

The US dollar has gone the other way. Trump’s tariff talk has got investors nervous with fears it will reignite US inflation and dent economic growth.

Investors also believe the UK (and Pound) will escape any real damage from US tariffs.

As a result, GBP / USD has jumped to new highs for 2025.

Plenty ahead this week…

On Thursday we have a European rate decision.

Another cut could well happen, which may eat away at the Euros recent gains.

We also have the Bank of England’s Catherine Mann due to give a scintillating speech – investors will be listening for clues.

On Friday, there is both the latest US jobs data and a speech from the Fed Chairman himself.

So what next, what should you do?

If you’re thinking about exchanging money, please do get in touch so we can help guide you on rates and timing.

Give us a call on 01872 487 500 to discuss rates, trends and timing.

Or click below for the latest exchange rates.

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
5. Authorised by the FCA

Current rates: 

Wednesday 5th March 2025 at 10:25

£1.00 GBP = 1.1990 EUR

£1.00 GBP = 1.2825 USD

£1.00 GBP = 2.0430 AUD

£1.00 GBP = 2.2595 NZD

£1.00 GBP = 1.8463 CAD

£1.00 GBP = 1.1368 CHF

• 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.

  

• 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.

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