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Aug 21

Pound surges to new 7-month high

Just a quick heads up…

The GBP/USD rate has jumped to its strongest level since January of this year.

It’s a big move for ‘Cable’.

Strange things are happening at the moment.

The US stock market is hitting new highs while the US Dollar is sinking to fresh lows.

The propeller heads will rationalise it later.

For now, it’s an opportunity to secure a favourable rate.

It’s not a time to be complacent.

The Pound, in particular, faces an uncertain path ahead with both Brexit and Coronavirus to contend with.

As the saying goes “to the left is history, to the right is mystery”.

If you value certainty over speculation, then consider locking-in a rate at these levels.

To speak to one of our team, please get in touch on 01872 487 500.

We’re happy to help and you are under no obligation to trade with us.

To find out current exchange rates, please 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: 

Friday 21st August 2020 at 13:00

£1.00 GBP = 1.1132 EURO

£1.00 GBP = 1.3109 USD

£1.00 GBP = 1.8300 AUD

£1.00 GBP = 2.0103 NZD

£1.00 GBP = 1.7336 CAD

£1.00 GBP = 22.5933 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

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Aug 18

Pound flirts with new 5-month high

The Pound continues to rise against the US Dollar.

GBP/USD has now gained over 14% since the March bottom and is a touch below 5-month highs.

Against the Euro, the picture is less clear.

Britain and the EU are back at loggerheads over Brexit.

A new round of trade talks will begin today.

Some progress would be a welcome change.

We see Brexit as a key driver for the Pound, particularly over the coming months.

The timetable of negotiations finishes in October – just over 2 months away.

There will no doubt be moments of hope and despair as the deadline approaches.

However, fluctuations in currency markets can work both for and against you.

It’s all about staying alert to opportunities and being prepared to act when a favourable rate is in front of you.

If you have an upcoming currency requirement, please get in touch on 01872 487 500, so we can discuss a plan to turn events to your advantage.

To find out current exchange rates, please 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 19th August 2020 at 06:30

£1.00 GBP = 1.1100 EURO

£1.00 GBP = 1.3248 USD

£1.00 GBP = 1.8276 AUD

£1.00 GBP = 2.0023 NZD

£1.00 GBP = 1.7431 CAD

£1.00 GBP = 22.9576 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: 1491
Aug 12

Pound hovers near 5 month high

The Pound’s recent strength against the US Dollar has continued.

GBP/USD is sitting near 5-month highs.

It’s the result of a broad Dollar sell-off against most major currencies.

Against the Euro, the Pound has been struggling to find a clear direction.

While recent UK economic news has been more positive, there remains lingering fears about Brexit.

Talks between the UK and EU are due to resume next week.

As usual, there’s plenty of uncertainty on the horizon for Pound Sterling…

  • A V-shaped recovery may take place.
  • A second wave of localised lockdowns may happen.
  • A vaccine may be discovered.
  • Brexit talks may fail or succeed.

There are so many variables that it may simply be best to take advantage of favourable currency moves when they arise.

If you would like to speak to someone about your upcoming requirements, call us on 01872 487 500.

To find out our latest rates, please 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 12th August 2020 at 09:50

£1.00 GBP = 1.1108 EURO

£1.00 GBP = 1.3053 USD

£1.00 GBP = 1.8312 AUD

£1.00 GBP = 1.9941 NZD

£1.00 GBP = 1.7371 CAD

£1.00 GBP = 22.8460 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: 1434
Aug 4

Pound surges to 21-week high

How times have changed.

People are now encouraged to wear a mask into a bank!

August is up and running, and so is the Pound.

Against the US Dollar, the Pound is sitting at a 21-week high – which puts it back up to pre-Coronavirus levels.

The trend has been less clear against the Euro; however the Pound has enjoyed a mini-rally recently, with the GBP/EUR rate at 3-week highs.

There is some tepid optimism in the air.

Two-thirds of British businesses say they are now “fully operational”, which is up from half in June, according to a CBI survey.

But the risks of a second lockdown, a weak economy and stagnant Brexit negotiations make the outlook highly uncertain for Sterling.

If you would like to chat through your specific requirements, please get in touch with a member of the trading team on 01872 487 500.

They can discuss a strategy with you to take advantage of moves in your favour while minimising downside risk against any adverse market moves.

If you would like to find out current exchange rates, please 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 4th August 2020 at 11:50

£1.00 GBP = 1.1075 EURO

£1.00 GBP = 1.3044 USD

£1.00 GBP = 1.8268 AUD

£1.00 GBP = 1.9736 NZD

£1.00 GBP = 1.7465 CAD

£1.00 GBP = 20.6984 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: 1406
Jul 22

Pound hits 18-week high against the Dollar

The Pound has struggled to gain much direction against the Euro.

In recent times, any rallies have fizzled out quickly.

But against the US Dollar, it’s been a different story.

After crashing in March, GBP has subsequently gained over 10% against USD.

Investors are in an optimistic mood about a possible vaccine and economic recovery.

It’s more hope than reality at this stage.

However, that’s the thing about currency markets: sentiment can overrule hard data (at least in the short-term).

It’s why we are always on the look-out for opportunities.

Timing can play an important role in making the most of the currency you need.

Part of our service is to track rates continuously and let you know if the rate moves in your favour.

If you would like to benefit from our expertise and insights, please get in touch.

You can find out our latest exchange rates 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 22nd July 2020 at 13:00

£1.00 GBP = 1.0965 EURO

£1.00 GBP = 1.2693 USD

£1.00 GBP = 1.7702 AUD

£1.00 GBP = 1.9010 NZD

£1.00 GBP = 1.7044 CAD

£1.00 GBP = 20.7855 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: 1479

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