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The French Property Network

Feb 24

Is the Pound heading for 3 Year Highs?

Sterling continues to defy expectations…

Against the US Dollar, the Pound has surged to its highest level in over 1,000 days.

If it climbs another 1% it will approach 5-year highs.

The recent gains are not limited to USD.

A similar uptrend has formed against the Euro, Swiss Franc, Canadian Dollar and Japanese Yen.

We aren’t getting carried away, though.

The golden run is being attributed to Britain’s speedy vaccine roll-out.

At some point, other countries will catch up – which could see a reversal of fortune.

There is also talk that the Bank of England is getting uncomfortable with the Pound’s appreciation and may be forced to act.

What should You do?

If you have a requirement to purchase EUR or USD with GBP, please do consider locking in some of the recent gains.

Should you wish to speak with a member of the team to discuss your specific requirements, feel free to call us on 01872 487 500.

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: 

Wednesday 24th February 2021 at 09:15

£1.00 GBP = 1.1649 EURO

£1.00 GBP = 1.4172 USD

£1.00 GBP = 1.7902 AUD

£1.00 GBP = 1.9181 NZD

£1.00 GBP = 1.7824 CAD

£1.00 GBP = 20.6938 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: 1428
Feb 17

Pound Hits a 1,000-day High

Sterling has continued on its merry way.

With the UK a lot further along in it’s vaccine roll-out, investors are pushing the Pound higher.

Against the US Dollar, the Pound has surged to a 34-month high – it’s been over 1,000 days since the GBP/USD rate was last at these levels.

In fact, the Pound has gained over 20% against the Dollar since its COVID lows last year.

Against the Euro, the Pound has climbed to 10-month highs.

That’s a gain of over 8% since March last year.

These are big moves for currency markets.

But you just don’t know how long the gains will last.

No doubt, other countries will begin to catch-up with their vaccine roll-outs, which would diminish Sterling’s outperformance.

And let’s not forget, the UK economy is still being propped up by enormous government support.

Right now, buyers of Dollars and Euros are in a great position.

For buyers of Sterling, it may be prudent to protect your budget from further losses.

Call us on 01872 487 500 to discuss your individual requirements.

For our latest 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 17th February 2021 at 09:10

£1.00 GBP = 1.1504 EURO

£1.00 GBP = 1.3894 USD

£1.00 GBP = 1.7891 AUD

£1.00 GBP = 1.9279 NZD

£1.00 GBP = 1.7639 CAD

£1.00 GBP = 20.3839 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: 1196
Feb 11

Pound Hits 9 Month Highs

It’s not all bad news at the moment.

The UK’s rapid roll-out of the vaccine has given the Pound a shot in the arm.

The Pound has climbed to 9-month highs against the Euro and 2-year highs against the US Dollar.

That’s good news for buyers of Euros and Dollars.

Many analysts in the City have been confounded by the Pound’s strength so far in 2021.

The majority were far too pessimistic, but it’s possible they may well be right in the end.

When it comes to rates, you should never take things for granted.

One thing to remember…

Getting a great exchange rate can make a big financial difference to you.

Rates fluctuate minute-by-minute.

It's why timing is so important.

Unlike banks and online ‘apps’, we have currency experts watching the markets throughout the day.

As part of our service, we monitor rates continuously and work with you to optimise your position.

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: 

Thursday 11th February 2021 at 11:00

£1.00 GBP = 1.1401 EURO

£1.00 GBP = 1.3821 USD

£1.00 GBP = 1.7861 AUD

£1.00 GBP = 1.9139 NZD

£1.00 GBP = 1.7528 CAD

£1.00 GBP = 20.2593 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: 1225
Feb 3

Pound hits 8-month high against Euro

The Pound’s resurgence continues…

Against the Euro, the Pound has pushed to 8-month highs.

And against the US Dollar, GBP is still hovering near 2-year highs.

Why?

Analysts are citing the accelerated roll-out of vaccinations in the UK will lead to a faster economic recovery than elsewhere.

While the good news is welcomed, we never get complacent with currency moves.

As the expression goes “A rooster one day and a feather duster the next”.

The UK (and therefore the Pound) still has a few risks on the horizon. For example; the potential for a Scottish independence referendum and the threat of trading tariffs should the UK break away from EU laws.

What should You do?

If you need to convert Pounds into Euros, consider taking advantage of the current rate.

Those that need to sell Euros or Dollars, historically you are still in a solid position.

If you would like to speak to someone, call us on 01872 487 500.

Alternatively, find out our latest rates using 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 3rd February 2021 at 10:50

£1.00 GBP = 1.1355 EURO

£1.00 GBP = 1.3653 USD

£1.00 GBP = 1.7932 AUD

£1.00 GBP = 1.8967 NZD

£1.00 GBP = 1.7457 CAD

£1.00 GBP = 20.4184 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: 1185
Jan 27

Pound Hits Fresh Highs

Amid the doom and gloom, the Pound has been making fresh highs.

As things stand, GBP is sat at multi-year highs against the US Dollar and the best rate in nearly nine months against the Euro.

The Brexit trade deal alongside the UK’s rapid vaccine roll-out, have given the Pound its recent momentum.

You never know how long a trend will last in currency markets.

As the saying goes “The trend is your friend, until the bend in the end”.

We note there are still plenty of City analysts predicting Sterling will face a challenging year ahead.

The main thing is to be ready and reactive if prices go the right way for you.

Which is why it’s hugely important that you let us know of any upcoming requirements, so we can contact you at the right time.

Despite the current lockdowns we are here to assist you with your foreign exchange needs.

To speak to us, please call 01872 487 500.

For the latest 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 27th January 2021 at 09:15

£1.00 GBP = 1.1312 EURO

£1.00 GBP = 1.3729 USD

£1.00 GBP = 1.7776 AUD

£1.00 GBP = 1.9025 NZD

£1.00 GBP = 1.7478 CAD

£1.00 GBP = 20.7632 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: 1301

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