Pound spikes after recent losses

The Pound has recovered against the US Dollar and the Euro.

In the UK, unemployment is at a near 50 year low.

This is a boost for the Pound and the UK economy.

Rising inflation is still a big issue, but low unemployment is a sign of strength for the UK economy.

It’s good news for now, but there may be more tough times ahead for the Pound.

The Euro has also recovered against the US Dollar.

The Dollar has come back to earth slightly after skyrocketing so far in 2022.

The market trend has been in favour of the US Dollar for so long.

This change could be a great opportunity for Pound sellers.

If you are planning to buy property in France soon then now is the time to get in touch.

With volatile times ahead, it’s certainly worth discussing any currency transfer with your account manager.

Get a free exchange rate quote below or give us a call on 01872 487 500.

Thanks For Reading, What Next?

• To discuss Exchange Rates and Your Currency Options, please contact our trader today on 01872 487 500.
• Need to Trade Your Currency soon, then request a free quote and we’ll look after you from there.

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Wednesday 18th May 2022 at 14:40

£1.00 GBP = 1.1801 EURO

£1.00 GBP = 1.2413 USD

£1.00 GBP = 1.7709 AUD

£1.00 GBP = 1.9563 NZD

£1.00 GBP = 1.5925 CAD

£1.00 GBP = 19.7534 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.

  

• 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 Euro has reached a 6-month high against the Pound.

This is after last week’s Bank of England interest rate hike.

The 0.25% rise brings interest rates to a 13-year high, to combat rising inflation.

The warning that inflation could soar to 10% was more of a surprise.

As a result, the Pound took a hit.

The Pound is looking vulnerable, with signs that the UK economy is starting to slow.

On the other hand, the US economy is fairing much better.

There’s also a 5-year high for the US Dollar against the Euro.

It’s a chaotic time economically and politically in the UK and beyond.

This has made the currency markets particularly volatile.

If you want to make a currency transfer soon, it could pay to discuss it with your account manager.

If you have a currency transfer in mind, click below to get a free quote or call 01872 487 500.

Thanks For Reading, What Next?

• To discuss Exchange Rates and Your Currency Options, please contact our trader today on 01872 487 500.
• Need to Trade Your Currency soon, then request a free quote and we’ll look after you from there.

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Thursday 11th May 2022 at 10:25

£1.00 GBP = 1.1721 EURO

£1.00 GBP = 1.2382 USD

£1.00 GBP = 1.7660 AUD

£1.00 GBP = 1.9514 NZD

£1.00 GBP = 1.6046 CAD

£1.00 GBP = 19.8116 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.

  

• 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 Bank of England is expected to increase interest rates today.

The obvious move would see the Pound increase in strength, particularly against the Euro.

The aim is to curb rising inflation and the cost of living.

But there’s no guarantee the Pound will strengthen, and some experts are even predicting that it could weaken.

Local elections, continuing leadership challenges to Boris Johnson and economic uncertainty are all looming.

That’s a choppy outlook for the Pound.

So if the pound does rise, it could be wise to move quickly.

The Euro is also still struggling.

It’s had some modest upticks, but they are likely to be small until there are improvements in Ukraine.

The Dollar is still holding firm as the safe-haven currency.

With so much volatility out there, it pays to talk your currency transfer through with one of our representatives.

If you have a currency transfer in mind, click below to get a free quote or call 01872 487 500.

Thanks For Reading, What Next?

• To discuss Exchange Rates and Your Currency Options, please contact our trader today on 01872 487 500.
• Need to Trade Your Currency soon, then request a free quote and we’ll look after you from there.

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Thursday 5th May 2022 at 11:15

£1.00 GBP = 1.1855 EURO

£1.00 GBP = 1.2573 USD

£1.00 GBP = 1.7404 AUD

£1.00 GBP = 1.9289 NZD

£1.00 GBP = 1.6016 CAD

£1.00 GBP = 19.6082 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.

  

• 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

This week, the US Dollar hit its highest against the Pound since September 2020.

The Pound has struggled against the US Dollar as the US economy looks in better shape than the UK.

What’s more, the US Federal Reserve is expected to raise rates more aggressively than the Bank of England – which will add to Dollar strength.

The Euro has been slightly stronger this week, thanks to Sunday’s French Election results.

Plus, the ECB now seem to have a greater appetite for interest rate increases.

At last, some slight positivity for the Euro!

But with so much going on globally, we expect exchange rates to remain volatile.

If you have a currency transfer in mind, it’s worth discussing your timing with one of our experts.

You can get a free exchange rate quote below or call 01872 487 500.

Thanks For Reading, What Next?

• To discuss Exchange Rates and Your Currency Options, please contact our trader today on 01872 487 500.
• Need to Trade Your Currency soon, then request a free quote and we’ll look after you from there.

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Wednesday 27th April 2022 at 11:20

£1.00 GBP = 1.1860 EURO

£1.00 GBP = 1.2581 USD

£1.00 GBP = 1.7607 AUD

£1.00 GBP = 1.9132 NZD

£1.00 GBP = 1.6157 CAD

£1.00 GBP = 19.9722 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.

  

• 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’s near 6-year high against the Euro

This is a fantastic opportunity for Pound sellers and Euro buyers.

The main driving force behind this move is Europe’s slow reaction to inflation.

The European Central Bank hinted that it would delay any interest rate hikes.

On the other hand, the UK and US are expected to raise interest rates quickly to combat inflation.

And Europe’s close proximity to Ukraine only adds to the Euro’s instability.

But it’s not all one-way traffic. In the UK there are signs that the economy is slowing.

So, who knows whether this bright spot for the Pound will last long?

If you have a currency transfer in mind and want to take advantage of the recent highs, get in touch.

You can get a free exchange rate quote below or call us on 01872 487 500.

Or get a quote on the current exchange rate below.

Thanks For Reading, What Next?

• To discuss Exchange Rates and Your Currency Options, please contact our trader today on 01872 487 500.
• Need to Trade Your Currency soon, then request a free quote and we’ll look after you from there.

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Wednesday 20th April 2022 at 10:55

£1.00 GBP = 1.2022 EURO

£1.00 GBP = 1.3028 USD

£1.00 GBP = 1.7529 AUD

£1.00 GBP = 1.9206 NZD

£1.00 GBP = 1.6352 CAD

£1.00 GBP = 19.5585 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.

  

• 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