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Nov 10

Alert - Vaccine news lifts Sterling, but why?

The vaccine announcement from Pfizer is good news for the world in general.

It is also good news for the UK.

Pound sterling is expected to be a major beneficiary of a vaccine.

This is because the UK has struggled more than most with managing the pandemic.

Put simply, a vaccine could make a bigger difference to the British economy relative to other countries.

The Pound (GBP) is currently sitting near 1-month highs against the Euro and US Dollar.

Of course, nothing is static in currency markets.

On the horizon is the US election legal battle and the Brexit deadline.

They’re not going away…just simmering.

What should you do?

You may consider the rebound in Sterling as an opportunity to secure an improved rate and mitigate Brexit risk.

For those that need to sell Dollars or Euros, current rates are still at historically attractive levels.

If you would like to discuss your requirement, call us on 01872 487 500.

To get our latest rates, request a quote 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: 

Tuesday 10th November 2020 at 11:20

£1.00 GBP = 1.1246 EURO

£1.00 GBP = 1.3260 USD

£1.00 GBP = 1.8220 AUD

£1.00 GBP = 1.9418 NZD

£1.00 GBP = 1.7274 CAD

£1.00 GBP = 20.6247 ZAR

Cle France Currency Guide link

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

Add CommentViews: 1436
Nov 4

Pound Sterling in a surprising uptrend

There’s plenty going on right now…

The US election takes centre stage over the coming days and it could be decisive, in which case the ramifications for currencies will be immediate.

Or it could be a cliff hanger and trigger months of legal action.

Like all big global events, the best thing you can do is be prepared to take advantage, should rates move in your favour.

Make sure to register with us, and then you are ready if need be.

It takes only a couple of minutes.

What's Going on in the UK.

The Pound has somehow avoided losses so far in reaction to Lockdown “Part Two”.

Both GBP/EUR and GBP/USD have gained ground in the past few sessions.

It certainly won’t help get a Brexit deal over the line.

The looming deadline will be less than a month away once lockdown ends.

It all seems to point to a volatile end to the year.

Protecting our clients against adverse market movements is part of our service.

We are watching markets and rates continuously throughout the day.

If you would like to discuss your requirement, call 01872 487 500.

To find out our latest rates, request a quote 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 4th November 2020 at 09:20

£1.00 GBP = 1.1109 EURO

£1.00 GBP = 1.2976 USD

£1.00 GBP = 1.8286 AUD

£1.00 GBP = 1.9544 NZD

£1.00 GBP = 1.7150 CAD

£1.00 GBP = 21.1099 ZAR

Cle France Currency Guide link

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

Add CommentViews: 1288
Oct 28

Pound turns positive for the week

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.

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 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

Cle France Currency Guide link

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

Add CommentViews: 1374
Oct 21

Pound Sterling faces twin risks

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.

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 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

Cle France Currency Guide link

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

Add CommentViews: 1412
Oct 14

Pound holds up despite lockdown risk

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.

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 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

Cle France Currency Guide link

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

Add CommentViews: 1382

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