It’s Jingle Hell for the Pound at the moment…

Brexit and COVID-19 both need urgent attention – neither of which has brought much Christmas cheer.

As you know, time is running out to avoid a hard Brexit.

While the government maintains ‘no-deal’ is the most likely outcome, betting markets still indicate a 60% chance a last-minute deal will be struck.

This stoic optimism is probably why the Pound hasn’t been hit harder thus far.

But analysts are warning that the Pound could see a “severe downside shock” if a deal is not done in the next few days.

What Should You do?

The good news is it’s not too late to lock-in a rate before the end of the year.

Given the extreme uncertainty, we are seeing a lot of activity right now.

Understandably, people don’t want to worry over Christmas.

Should you wish, you can protect your money from an adverse move by securing a rate today.

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

Or to find out our latest exchange 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: 

Tuesday 15th December 2020 at 11:10

£1.00 GBP = 1.0981 EURO

£1.00 GBP = 1.3429 USD

£1.00 GBP = 1.7797 AUD

£1.00 GBP = 1.9045 NZD

£1.00 GBP = 1.7280 CAD

£1.00 GBP = 19.6087 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

Assumptions are dangerous things.

A lot of investors have assumed a Brexit deal will get done because it’s in everyone’s interests.

But what if this assumption is wrong?

Yesterday was the first day where the market seemed to hit the panic button.

And for good reason.

Boris Johnson declared there is a “strong possibility” of a no-deal Brexit and “now is the time” for companies and people to prepare.

The Pound suitably dropped like a stone.

Is Boris bluffing?

He’s definitely not afraid to push negotiations to the limit. It could be all part of ‘the game’.

But one things for sure: the consequences are very real.

Yesterday’s ‘correction’ could foreshadow a much bigger move in the coming weeks.

With so much at stake, it looks inevitable that we’re in for a volatile ride.

What should You do?

Whether you hold Pounds, Euros, or Dollars, you must weigh up whether you want to take the risk.

There is time to get your transaction done before Brexit should you wish to.

To lock-in a rate now, please get in touch on 01872 487 500 to discuss your situation.

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: 

Friday 11th December 2020 at 10:00

£1.00 GBP = 1.0900 EURO

£1.00 GBP = 1.3225 USD

£1.00 GBP = 1.7547 AUD

£1.00 GBP = 1.8666 NZD

£1.00 GBP = 1.6875 CAD

£1.00 GBP = 19.9735 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

Optimism is riding high, and so is the Pound.

It appears we are getting close…

But to what?

We’ve had Brexit breakthroughs before, only to then realise the detail has been left for another day (or year).

Nevertheless, from a currency perspective, this is about avoiding a no-deal Brexit.

Against the US Dollar, the Pound has hit new highs for 2020.

Though it must be said, the move is as much about Dollar weakness as it is Pound strength.

The picture is less clear against the Euro – a choppy chart at best - although the Pound has gained some ground recently.

There’s only a few weeks to go before Britain’s transition period ends.

Expect more days of contradicting and confusing headlines driving currency fluctuations in GBP.

We’ll be keeping a keen eye on the news and market trends.

Are you prepared?

To discuss any upcoming transactions and how to manage volatility in exchange rates, speak to us 01872 487 500.

To find out our latest rates, get a quote 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 3rd November 2020 at 10:00

£1.00 GBP = 1.1065 EURO

£1.00 GBP = 1.3402 USD

£1.00 GBP = 1.8068 AUD

£1.00 GBP = 1.8990 NZD

£1.00 GBP = 1.7333 CAD

£1.00 GBP = 20.5387 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

Sterling’s nice little run has continued into this week.

As expected, Coronavirus and Brexit dominate the headlines.

While the vaccine progress is great news, the more pressing issue for the Pound is Brexit.

London and Brussels resume their negotiations this week.

Most investors believe a last-minute deal will get done.

It’s an interesting dilemma for the Pound.

A tilt to the upside is the most likely outcome.

But if investors are wrong (and it wouldn’t be the first time), then a “no deal Brexit” would send the Pound crashing down.

For buyers of Euros

- You are in a much better position than just a few weeks ago.

For sellers of Euros

- You can still take advantage of historically good rates.

What should You do?

In these pressure cooker situations, you have to decide between certainty and speculation (a fancy way of saying now or later).

As always, we will work with you to optimise your position.

If you would like to discuss your requirements, you can speak to us on 01872 487 500.

To find out our latest rates, request a quote 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 25th November 2020 at 09:45

£1.00 GBP = 1.1212 EURO

£1.00 GBP = 1.3336 USD

£1.00 GBP = 1.8162 AUD

£1.00 GBP = 1.9132 NZD

£1.00 GBP = 1.7353 CAD

£1.00 GBP = 20.2925 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 had a nice little run lately.

Against the Euro, the Pound has been trending up for the past 3 weeks.

And against the US Dollar, the Pound is getting close to 1-year highs.

No doubt there is optimism built into these rates.

The press is reporting that a Brexit trade deal may come as early as next week.

That would benefit the Pound more than the Euro, though both currencies would be expected to lift as a result.

But the gains may not last if the deal is thin on detail.

If all we get is a high-level ‘handshake’ deal (quite likely), then the reality is negotiations could continue for years to come.

That’s not going to do either currency much good.

Meanwhile, the US Dollar is grappling with election uncertainty.

We all know a smooth transition in the White House isn’t going to happen.

So expect a bumpy ride for global markets over the coming months.

How can we help You?

Exchange rates can move suddenly in these extraordinary times, so please make sure you discuss your options with our team to mitigate your currency risk.

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

To get the 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 18th November 2020 at 09:30

£1.00 GBP = 1.1184 EURO

£1.00 GBP = 1.3288 USD

£1.00 GBP = 1.8149 AUD

£1.00 GBP = 1.9195 NZD

£1.00 GBP = 1.7373 CAD

£1.00 GBP = 20.3613 ZAR

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.
• Download our "Buying A Property in France" Guide PDF document.

• If you are concerned about Brexit? download our "PDF Guide to Brexit" document.

  

  For everything you need to know about French property visit www.clefrance.co.uk