It’s a topsy turvy time for GBP to Euro.

The market seems to be ignoring economic news at the moment as we await Brexit developments.

With only 10 weeks to go, there is still hope that a last-minute deal can be struck.

Some analysts are stating that they see limited upside in Sterling even if a deal can be reached.

The wider problem is the outlook for the UK economy.

The Bank of England is considering negative interest rates.

But we have no historical example of a country combining negative rates with a large trade and budget deficit.

Investors are scratching their heads as to what currency impact that would have.

Do three negatives make a positive?

Lingering in the background is also the imminent US election.

That will also bring uncertainty for global politics and currency pairs going forward.

There is always an element of uncertainty in exchange rates, but right now we face an abnormal degree of complex events with unpredictable outcomes.

Amidst this situation, you may consider locking-in a rate for peace of mind.

If you would like to discuss your options, you can speak to one of our experienced team on 01872 487 500.

Or to find out our latest rates, please 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 28th October 2020 at 09:20

£1.00 GBP = 1.1083 EURO

£1.00 GBP = 1.3045 USD

£1.00 GBP = 1.8272 AUD

£1.00 GBP = 1.9454 NZD

£1.00 GBP = 1.7222 CAD

£1.00 GBP = 21.1986 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

The fog of uncertainty continues…

Sterling is largely beholden to news on coronavirus and Brexit negotiations.

Given how well Sterling has held up, investors are still hopeful of a vaccine and/or trade deal before the year is out.

No one can say for sure which direction, if any, Sterling will go.

We are at a fork in the road.

The question is whether you want to take the risk?

Amidst so much uncertainty of a political/economic/health crisis, you may wish to lock-in a rate for peace of mind.

It will allow you to continue with your own plans using a secured budget.

If you would like to discuss your options, you can speak to one of our experienced team on 01872 487 500.

Or to find out our latest rates, please 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 21st October 2020 at 10:50

£1.00 GBP = 1.1018 EURO

£1.00 GBP = 1.3052 USD

£1.00 GBP = 1.8422 AUD

£1.00 GBP = 1.9692 NZD

£1.00 GBP = 1.7108 CAD

£1.00 GBP = 21.4071 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

The Pound has been remarkably resilient this week despite the new lockdown measures.

It’s not good news for the battered UK economy.

The three-tier system will cause plenty of financial tears, the longer it goes on.

Why’s the Pound not crashing down?

It’s being supported by hope for a breakthrough on Brexit.

Hope being the operative word.

As always, it’s tricky to know what to believe with Brexit.

While the EU’s Michel Barnier says we are inching towards a deal, the French minister, Jean-Yves Le Drian, says a no-deal Brexit looks likely at this point.

We would be more calm if the markets were more nervous.

It seems to us that there is a degree of complacency about the political risks hovering over GBP.

If you need to transfer money abroad, you may wish to protect yourself from the turmoil ahead by securing a favourable exchange rate.

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

Or to find out our latest rates, please 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 October 2020 at 09:30

£1.00 GBP = 1.0979 EURO

£1.00 GBP = 1.2891 USD

£1.00 GBP = 1.7970 AUD

£1.00 GBP = 1.9351 NZD

£1.00 GBP = 1.6929 CAD

£1.00 GBP = 21.3063 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

Market sentiment has recently improved for Pound Sterling.

Yesterday GBP hit a 3-week high against the US Dollar and was hovering near a 3-week high against the Euro.

The buoyant mood is largely due to hopes of a post-Brexit trade deal with the EU.

Boris Johnson continues to play hardball.

It might just work.

Most analysts seem to think the pressure of a deadline will forge a compromise before time runs out.

If expectations are already optimistic, it actually tilts the risk-reward for GBP to the downside.

We’ve come to expect a political decision (or even rumour) can change the course of exchange rates very quickly.

How can we help you?

If you have a currency requirement, it may be useful to have a conversation with our trading department to discuss technical levels.

You can call us on 01872 487 500.

To protect your upcoming transactions against the risks of sudden market movements, you may consider securing a fixed exchange rate.

Want to know our latest exchange rates? Just 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: 

Thursday 8th October 2020 at 12:30

£1.00 GBP = 1.0984 EURO

£1.00 GBP = 1.2910 USD

£1.00 GBP = 1.8041 AUD

£1.00 GBP = 1.9611 NZD

£1.00 GBP = 1.7095 CAD

£1.00 GBP = 21.4376 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

We are in an opportunistic market.

This week the Pound has been attempting to recover in response to rumours of Brexit progress.

The keyword in the sentence is rumours.

At the start of September, it was all doom and gloom.

Now it seems there could be “light at the end of the tunnel”.

The point is the endless Brexit saga swings between hope and despair.

When there is hope, it can be an excellent opportunity for buyers of Euro or US Dollar to secure an elevate rate.

When there is despair, it can be a great time for Euro and Dollar sellers to lock-in their gains.

It’s why we consider this an opportunistic market.

Buyers and sellers get their chance.

Part of our service is to help our client navigate the inherent volatility in currency markets and work with you to achieve a better exchange rate.

If you would like a member of our team, please get in touch on 01872 487 500.

Or to find out our latest rates, please 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 30th September 2020 at 10:30

£1.00 GBP = 1.0958 EURO

£1.00 GBP = 1.2819 USD

£1.00 GBP = 1.8033 AUD

£1.00 GBP = 1.9507 NZD

£1.00 GBP = 1.7188 CAD

£1.00 GBP = 21.7038 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