Focus has shifted back to the daily data.

More recently, investors have been looking beyond Covid.

The Pound continues to look in decent shape against the Euro. An uptrend still looks in place, but it is hardly convincing.

Against the US Dollar, the Pound has lost momentum. If anything, there looks to be a negative bias developing.

That’s not surprising given how much ground the Pound has gained against the Dollar in 2021. A broader Dollar recovery has been building across other currencies too.

What should you do?

Like the ocean, currency markets are constantly churning.

A market without volatility would be unnatural, like an ocean without waves.

For some people, the volatility of exchange rates can be exciting, providing opportunities to grab a better rate.

For other people, the constant ebb and flow can feel threatening, especially if you are on the wrong side of the move.

Part of our service is to help guide you through exchange rate volatility.

We are always happy to discuss the latest market trends and the best rates available.

To speak to a member of our team, call 01872 487 500.

Or click below to find out our latest rates.

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 23rd June 2021 at 12:10

£1.00 GBP = 1.1691 EURO

£1.00 GBP = 1.3962 USD

£1.00 GBP = 1.8443 AUD

£1.00 GBP = 1.9832 NZD

£1.00 GBP = 1.7166 CAD

£1.00 GBP = 19.8224 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

Pound Sterling has been in a nervous mood recently.

A little surprising given we have a booming housing market, bumper business confidence and 50% of the UK adult population now fully vaccinated.

When a currency fails to make gains on positive news it can be a warning sign that the good news is already in the price.

There’s no doubt the Pound’s had a strong run.

Only last week, GBP hit a 3-week high against the Euro, over 3-year highs versus the US Dollar, and over 6-month highs versus the Aussie Dollar.

Perhaps it’s what’s on the horizon that’s worrying traders.

Brexit tensions are simmering and attention is now turning to the next stage of lockdown easing.

All eyes (and ears) will be on Parliament next Monday.

The announcement is likely to determine the direction of travel and direction of the Pound.

It’s an upcoming risk to be aware of.

What should YOU Do?

In the interim, if you would like to take away the stress and worry around exchange rate volatility, consider locking-in a rate.

Our team can guide you on market trends and the rates available.

To speak to a currency expert, call 01872 487 500.

Or click below to find out our latest rates.

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 9th June 2021 at 10:10

£1.00 GBP = 1.1636 EURO

£1.00 GBP = 1.4179 USD

£1.00 GBP = 1.8309 AUD

£1.00 GBP = 1.9691 NZD

£1.00 GBP = 1.7145 CAD

£1.00 GBP = 19.2325 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 had a good run lately.

The Euro has climbed to its highest levels against the Pound since the 10th of May.

It could prove temporary.

The unique differentiator for the Pound in the last 6 months has been the rapid vaccine roll-out.

At present, 72% of UK adults have had their first vaccine.

In comparison, it’s only 35% in Europe - less than half the UK’s level.

The expected economic benefits of this have boosted the Pound.

In fact, the Pound’s performance so far in 2021 has been second only to the Canadian dollar among the world’s 10 leading currencies.

So the recent wobble in the Pound may just be profit taking as restless traders await fresh economic data.

So what can you do about this situation?

As always, you never want to take favourable rates for granted.

Sometimes currency markets look far into the future and begin to adjust exchange rates well before new events occur.

In the latter half of 2021, the marginal advantage of the vaccine roll-out will shift from the UK to Europe, and the Pound’s gain could unwind.

If you would like some guidance on rates and timing, please get in touch.

To speak to a trader, call us on 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: 

Wednesday 26th May 2021 at 10:00

£1.00 GBP = 1.1562 EURO

£1.00 GBP = 1.4152 USD

£1.00 GBP = 1.8200 AUD

£1.00 GBP = 1.9403 NZD

£1.00 GBP = 1.7091 CAD

£1.00 GBP = 19.6037 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 few wobbly weeks, the Pound has regained momentum.

Against the US Dollar, GBP is sitting at 3-month highs and is within a whisker of 3-year highs.

While the current trend against the Euro is not as obvious, the Pound is right near the top end of its 1-year range.

Recently the Pound has benefited from data showing the UK economy is rebounding strongly.

The same can’t be said for the Euro, which has been weighed down by the fact that the Eurozone bloc slipped into a double-dip recession in the first quarter of this year.

While COVID news in the UK continues to be positive, we think the upside is already priced into the Pound. If anything, the Pound may be at risk due to growing concerns over the spread of the Indian variant of the coronavirus.

In contrast, the European vaccine programme has a long way to go – which sounds negative – but actually leaves plenty of upside for the Euro ahead.

So when should YOU Exchange your money?

We appreciate it’s never easy to decide on the right time to exchange your money.

There’s always an excuse to defer.

However, with all the uncertainty that lies ahead, you may consider locking in an exchange rate.

It will allow you to make firm plans, budget more effectively, and give you one less thing to worry about.

To speak to a trader, call us on 01872 487 500.

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 19th May 2021 at 10:25

£1.00 GBP = 1.1606 EURO

£1.00 GBP = 1.4177 USD

£1.00 GBP = 1.8263 AUD

£1.00 GBP = 1.9668 NZD

£1.00 GBP = 1.7119 CAD

£1.00 GBP = 19.8888 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

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