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

After a miraculous run, the Pound has lost some of its lustre.

Against the US Dollar, GBP sits at a 6-week low.

Against the Euro, GBP is near a 3-week low.

Why?

Well, firstly, the Pound has had a strong run, so was vulnerable to profit-taking.

Secondly, the recent news has not helped the Pound.

In the US, a whopping $1.9 trillion stimulus package is about to unleashed, which is seen as good for the Dollar.

In the EU, there’s talk about banning vaccine exports to Britain – good for the Euro, bad for the Pound.

The UK still has a sizeable advantage in terms of its vaccine roll-out, so the current downturn in Sterling could well prove short-lived.

It is, however, a sharp reminder of how quickly currency trends and sentiment can change course.

We note the ‘net long’ (bullish) position in Sterling futures has shrunk considerably in the past 2 weeks. In other words, investors are getting nervous.

It’s why we are always looking to take advantage of favourable moves while keeping an eye on upcoming risks.

If you would like to discuss your upcoming money transfer, please get in touch with our team on 01872 487 500.

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 24th March 2021 at 09:45

£1.00 GBP = 1.1588 EURO

£1.00 GBP = 1.3716 USD

£1.00 GBP = 1.7998 AUD

£1.00 GBP = 1.9619 NZD

£1.00 GBP = 1.7241 CAD

£1.00 GBP = 20.3051 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 been put to the test this week.

Against the Euro, GBP faced heavy selling yesterday only to then bounce right back and hit fresh highs for the year.

From a technical perspective, it will be seen as a bullish indicator.

We suspect the reason was more to do with the Euro.

The EU continues to drag its heels on the vaccine roll-out. It could stall an economic recovery.

And now Italy looks to be facing a 3rd wave of COVID cases – adding to the negative outlook.

Against the US Dollar, the picture is less clear.

GBP peaked against USD almost 3 weeks ago.

Since then, the rate has stayed in a tight range, but we know stability never lasts long in foreign exchange.

As always, we will be looking to take advantage of any favourable moves for our clients.

Volatility can be turned to your advantage.

If you would like to discuss risk mitigation strategies, please get in touch with our team on 01872 487 500.

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 17th March 2021 at 09:35

£1.00 GBP = 1.1671 EURO

£1.00 GBP = 1.3905 USD

£1.00 GBP = 1.7988 AUD

£1.00 GBP = 1.9363 NZD

£1.00 GBP = 1.7331 CAD

£1.00 GBP = 20.7145 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