What’s driving exchange rates right now?

Investors are looking beyond Covid…

Most of the recent news about exchange rates is centred on politics or the economy.

In the UK, there is an immediate risk from the Scottish elections.

Talk of another Scottish referendum would be extremely damaging for the Pound.

In Europe, economic sentiment is at its highest level since September 2018, despite the threat of a third Covid wave.

And in the US, a string of positive data, including GDP growth and falling jobless claims, has given the Dollar a boost. The Federal Reserve is even considering an interest rate rise as the US economy could overheat.

Basically, there are signs of recovery across the board.

Currencies have gone from a race to the bottom to a race back up.

One thing’s for sure – the news never stops – which means exchange rates never sit still for long.

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

Call us on 01872 487 500 to discuss your requirements and levels to aim for.

Or to find out our latest rates, click 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 5th May 2021 at 13:45

£1.00 GBP = 1.1591 EURO

£1.00 GBP = 1.3905 USD

£1.00 GBP = 1.7979 AUD

£1.00 GBP = 1.9334 NZD

£1.00 GBP = 1.7067 CAD

£1.00 GBP = 20.0705 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

While the Pound started 2021 with a bang, the upward momentum has fizzled of late.

Against both the Euro and Dollar, the Pound has tumbled from it’s near-term peaks.

The Euros recent resilience has come as a surprise too many investors, given that Europe seems to be facing a third wave of coronavirus cases.

Despite seeing falls in Pound Sterling last week, it’s not all one-way traffic.

Even in the absence of economic news, you still see daily fluctuations driven by technical trading.

That can cause erratic movements with no obvious explanation.

The point is exchange rates never move in a straight line.

There are always opportunities for buyers and sellers over different time horizons.

It pays to keep in touch, so we can work together on the best approach for your currency conversions.

If an opportunity arises where the exchange rate moves favourably for you, then we can reach out to make the most of the movement.

You can call us on 01872 487 500 to speak to one of our team.

Or to find out our latest rates, click on the link 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 28th April 2021 at 10:15

£1.00 GBP = 1.1502 EURO

£1.00 GBP = 1.3886 USD

£1.00 GBP = 1.7928 AUD

£1.00 GBP = 1.9347 NZD

£1.00 GBP = 1.7221 CAD

£1.00 GBP = 19.9471 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 has found some support again in recent days.

It comes after an April sell-off saw the Pound fall to 2-months lows against the Euro.

For a while now, the GBP/EUR rate has reflected the ‘race of the rollout’.

Opposing forces are driving the Euro. The vaccine rollout is being ramped up, but that is being offset by the third wave of the virus.

The Pound is in a different place.

The UK has already undergone a rapid rollout, and the market now expects a swift economic recovery from here.

It means investors will increasingly be watching economic data coming out of the UK (jobs, growth, inflation etc).

That’s what investors used to do before Brexit and a global pandemic took over the market.

The risk for the Pound is whether it’s ‘priced for perfection’ and is susceptible to any setbacks – such as a rise in infections as rules are relaxed and people come out to play.

I would expect a bumpy ride ahead.

These are far from ordinary times!

If you would like some guidance on rates and timing, why not get in touch.

To speak to a trader, call 01872 487 500.

Or to find out our latest exchange rates, click 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: 

Thursday 22nd April 2021 at 09:50

£1.00 GBP = 1.1553 EURO

£1.00 GBP = 1.3902 USD

£1.00 GBP = 1.7950 AUD

£1.00 GBP = 1.9357 NZD

£1.00 GBP = 1.7381 CAD

£1.00 GBP = 19.8712 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 finally staged a comeback.

Over the past week or so, it’s enjoyed its best run against both GBP and the Dollar so far this year.

It’s not a coincidence.

Two key pieces of news were released.

A report from the EU stated that most member states will have “sufficient vaccine supplies to immunise the majority of people by the end of June”.

What’s more, minutes from the European Central Bank’s latest meeting stated that the eurozone is recovering “faster than expected”.

Given the Euro’s poor performance in recent months, any good news is significant because of the negative expectations built into the exchange rate.

Of course, the UK and US continue apace with their vaccine rollout – but that’s effectively already baked into current rates.

Given the movements in rates over recent weeks, working with us closely can be beneficial in terms of optimising the rate you achieve.

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

Get in touch with us on 01872 487 500 to discuss your specifics.

Or to find out our latest rates, click 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 14th April 2021 at 09:30

£1.00 GBP = 1.1530 EURO

£1.00 GBP = 1.3798 USD

£1.00 GBP = 1.7964 AUD

£1.00 GBP = 1.9436 NZD

£1.00 GBP = 1.7323 CAD

£1.00 GBP = 20.0292 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

A bit more volatility has crept into exchange rates lately.

Market data in the UK over the last week was a mixed bag, leading to opportunities for both buying and selling Pound Sterling at different times.

Some divergence in leading currency pairs is also developing.

Against the Euro, the Pound has the upper hand, sitting at a 1-year high.

But against the US Dollar, the Pound is losing ground, hovering near a 1-month low.

Part of our service is to monitor news and currency forecasts; where risks or opportunities could arise.

Together we can discuss a plan and find a solution to suit your situation.

You can speak to a trader by calling 01872 487 500.

To find out our latest rates on the currency you need, just click 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 31st March 2021 at 09:30

£1.00 GBP = 1.1721 EURO

£1.00 GBP = 1.3766 USD

£1.00 GBP = 1.8071 AUD

£1.00 GBP = 1.9677 NZD

£1.00 GBP = 1.7336 CAD

£1.00 GBP = 20.3991 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