Rate Alert: Pound surges to highest level since 2022

Despite the festive period, there’s still plenty of action…

In the last few days, the Pound has shot up against the Euro, Aussie, Kiwi and Canadian Dollars.

Pound to Euro is on the brink of its highest levels since the Brexit vote (8½ years ago).

How incredible is that.

And there’s more to come…

We have 9 of the G10 central banks with scheduled meetings in December.

Things kick off tomorrow with the European Central Bank rate decision.

Those thinking of buying Euros soon should be aware of this risk.

Next week the US Federal Reserve and the Bank of England meet on Wednesday and Thursday respectively.

Currency markets are usually highly sensitive to these events.

With the expected volatility in and around Christmas, please make sure to reach out to our team with any currency concerns.

You can call us on 01872 487 500.

To find out our latest rates, please click below.

So what next, what should you do?

Get ahead of the game and read our Guide to Foreign Currency Exchange.

Download the Guide Here - with no obligation of course.

For any concerns or discussions on your upcoming currency requirements, make sure to reach out to us.

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

To find out our latest rates, please click below.

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
5. Authorised by the FCA

Current rates: 

Wednesday 11th December 2024 at 11:30

£1.00 GBP = 1.2125 EUR

£1.00 GBP = 1.2720 USD

£1.00 GBP = 2.0050 AUD

£1.00 GBP = 2.2055 NZD

£1.00 GBP = 1.8045 CAD

£1.00 GBP = 1.1250 CHF

• 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

Overall, Pound Sterling looks in good shape

Exchange Rates Await December Rate Decisions…

Not too much news lately, but plenty of action and overall, Pound Sterling looks in good shape.

GBP to EURO has resumed its uptrend after a wobble at the start of December.

The Pound has also had a good lift against the Aussie and New Zealand Dollars.

GBP to USD is the only major Sterling pair that looks a bit soft.

The big selling we saw in the lead up to the US election has stopped, but the Pound has failed to make much of a recovery against USD and is range-bound at best.

In the absence of news, exchange rates are being driven more by technical trading at present.

But that will change over the next few weeks.

All of the major central banks have rate decisions before Christmas.

Given the volatility we have seen over the last couple of months, please make sure you keep in touch with our team.

You can call us on 01872 487 500.

So what next, what should you do?

Get ahead of the game and read our Guide to Foreign Currency Exchange.

Download the Guide Here - with no obligation of course.

For any concerns or discussions on your upcoming currency requirements, make sure to reach out to us.

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

To find out our latest rates, please click below.

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
5. Authorised by the FCA

Current rates: 

Wednesday 4th December 2024 at 10:30

£1.00 GBP = 1.2075 EUR

£1.00 GBP = 1.2675 USD

£1.00 GBP = 1.9760 AUD

£1.00 GBP = 2.1700 NZD

£1.00 GBP = 1.7830 CAD

£1.00 GBP = 1.1245 CHF

• 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 at risk from global events

There is plenty of volatility at the moment…

But most of the movement is coming from geopolitical events, rather than market news.

Overall, this still seems to be favouring the US Dollar.

Escalating troubles in the Ukraine and Middle East are only part of the story.

There’s also growing fears around upcoming trade wars.

Trump has proposed tariff hikes for Mexico, Canada and China from day one.

Obviously, if that happens then others will follow suit.

Fortunately, we see the UK (and Pound Sterling) as one of the few currencies that may escape the damage.

UK-US trade is pretty balanced, so there is no need for tariffs (with the US anyway).

A quick update on market trends:

• GBP / USD is near its lowest level in over 6 months
• Euro / Dollar recently hit a 2-year low
• GBP / EUR has been stable for the past month

Given all the volatility of late, make sure you get in touch and we can discuss the best way to protect your currency requirements.

You can call us on 01872 487 500.

Or click below for our latest rates.

So what next, what should you do?

Get ahead of the game and read our Guide to Foreign Currency Exchange.

Download the Guide Here - with no obligation of course.

For any concerns or discussions on your upcoming currency requirements, make sure to reach out to us.

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

To find out our latest rates, please click below.

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
5. Authorised by the FCA

Current rates: 

Tuesday 26th November 2024 at 09:30

£1.00 GBP = 1.1960 EUR

£1.00 GBP = 1.2560 USD

£1.00 GBP = 1.9370 AUD

£1.00 GBP = 2.1510 NZD

£1.00 GBP = 1.7720 CAD

£1.00 GBP = 1.1135 CHF

• 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 up today on UK inflation news

There is a lot going on, let's take a closer look…

The Pound has been drifting down against the Euro and US Dollar over the past week.

But today it’s attempting a comeback…

The latest UK inflation data has come in above expectations this morning.

This is good news for the Pound as UK interest rates could now remain higher for longer.

While GBP/EUR has fallen back from 2-year highs, the overall trend still looks favourable.

As for the “Trump Rally” in the US Dollar, it seems to be settling down now.

GBP/USD currently looks oversold and due a bounce.

We have a bunch of speeches from central bankers throughout the week. Investors tend to be sensitive to any change of heart.

As always, if you have any specific requirements coming up, give us a call.

So what next, what should you do?

Get ahead of the game and read our Guide to Foreign Currency Exchange.

Download the Guide Here - with no obligation of course.

For any concerns or discussions on your upcoming currency requirements, make sure to reach out to us.

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

To find out our latest rates, please click below.

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
5. Authorised by the FCA

Current rates: 

Wednesday 20th November 2024 at 09:24

£1.00 GBP = 1.2000 EUR

£1.00 GBP = 1.2670 USD

£1.00 GBP = 1.9445 AUD

£1.00 GBP = 2.1515 NZD

£1.00 GBP = 1.7705 CAD

£1.00 GBP = 1.1215 CHF

• 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 to Euro hits 32-month highs

There is a lot going on, let us summarise things…

There’s been some big market moves since the US election…

GBP to EUR in particular has been very strong, touching 32-month highs only yesterday.

However, GBP to USD has headed the other way.

It’s now sitting right near 3-month lows.

Post-election, the Pound has also traded modestly down against the Aussie, Kiwi and Canadian Dollars.

As you’ve no doubt seen on the news, there is the potential for some significant changes ahead in US economic, trade and foreign policy.

While Donald Trump won’t be sworn in until Jan 20th next year, policy announcements are coming thick and fast.

The bottom line is we think there will be plenty of volatility ahead, so it’s not a time for complacency.

If you have currency requirements, please get in touch so we can discuss your plans.

So what next, what should you do?

Get ahead of the game and read our Guide to Foreign Currency Exchange.

Download the Guide Here - with no obligation of course.

For any concerns or discussions on your upcoming currency requirements, make sure to reach out to us.

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

To find out our latest rates, please click below

.

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
5. Authorised by the FCA

Current rates: 

Tuesday 12th November 2024 at 09:50

£1.00 GBP = 1.2075 EUR

£1.00 GBP = 1.2825 USD

£1.00 GBP = 1.9605 AUD

£1.00 GBP = 2.1575 NZD

£1.00 GBP = 1.7900 CAD

£1.00 GBP = 1.1320 CHF

• 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