Desperate times for call for desperate measures.

The UK economy has shrunk by 24.5% according to the ONS, a scale never before seen before in history.

As a result, the Bank of England is now considering the mind boggling: “negative” interest rates.

This could have serious knock-on effects for the Pound.

Falling interest rates weaken a currency. Negative rates are far more extreme.

The Pound has been resilient recently as Coronavirus data has improved. However, economic reality awaits.

What Should You do?

As currency specialists, we appreciate our clients want to get the best rate possible.

But often sitting back and hoping for a certain rate in the future can be counterproductive and costly.

We can help structure a plan, discuss levels to aim for or ways to mitigate your currency risk.

You can speak to one of our account managers on 01872 487 500.

Or to find out our latest exchange 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: 

Tuesday 16th June 2020 at 09:30

£1.00 GBP = 1.1203 EURO

£1.00 GBP = 1.2639 USD

£1.00 GBP = 1.8239 AUD

£1.00 GBP = 1.9548 NZD

£1.00 GBP = 1.7109 CAD

£1.00 GBP = 21.4757 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 surged to an 11-week high against the US Dollar.

Against the Euro, the Pound is at the highest level in 3 weeks.

Plans to ease coronavirus lockdowns in the UK and signs the economy may bounce back due to pent-up demand have lifted GBP.

However, analysts warned that Brexit remains a risk for the Pound over the summer months.

Talks between the UK and EU have made little progress. A deal looks miles off.

Now could be a great opportunity for those needing to buy US Dollars or Euros with their Pounds.

If you hold GBP and want to take advantage of current rates, please get in touch with a member of the Key Currency team on +44 (0)1872 487 500.

Or to find out the latest rates, simply 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 9th June 2020 at 09:30

£1.00 GBP = 1.1242 EURO

£1.00 GBP = 1.2652 USD

£1.00 GBP = 1.8312 AUD

£1.00 GBP = 1.9525 NZD

£1.00 GBP = 1.6970 CAD

£1.00 GBP = 21.3300 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 surged against the Dollar in recent sessions.

GBP to USD is now hovering near 7-week highs.

It’s a great opportunity for those needing to buy US Dollars with their Pounds.

Since mid-March, you have profited by 9%.

As you can imagine, moves of this magnitude don’t come along very often.

If you hold GBP and want to take advantage of the valuation spike, please get in touch.

To speak to a dealer, call us on +44 (0)1872 487 500.

Or to find out the latest rates, simply 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: 

Thursday 4th June 2020 at 15:00

£1.00 GBP = 1.1142 EURO

£1.00 GBP = 1.2550 USD

£1.00 GBP = 1.8148 AUD

£1.00 GBP = 1.9542 NZD

£1.00 GBP = 1.6970 CAD

£1.00 GBP = 21.2277 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

Which way next for the Pound?

More recently, the big global issue has been rising tensions between the US and China – the world’s two largest economies.

It affects all currencies.

If the situation escalates, it is likely investors will dump the Pound in favour of safe-haven currencies like the US Dollar, Japanese Yen and Swiss Franc.

Don’t forget Trump has an election later this year. It will suit his political strategy to pick a fight with China.

The other issue putting pressure on the Pound is the 6-letter word: Brexit.

No extension has been agreed with the EU. It’s a ticking time bomb for the Pound.

If you have requirements to move EUR into GBP, consider taking advantage of the recent move in your favour.

If you need to purchase EUR, consider putting a line in the sand around current levels. While the rate has been higher, things could look a lot uglier in the coming weeks.

You can discuss your specific requirements with a member of the trading department on 01872 487 500.

To find out our latest rates, request a free 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: 

Tuesday 26th May 2020 at 09:25

£1.00 GBP = 1.1216 EURO

£1.00 GBP = 1.2270 USD

£1.00 GBP = 1.8592 AUD

£1.00 GBP = 1.9936 NZD

£1.00 GBP = 1.7067 CAD

£1.00 GBP = 21.3655 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 have a plan, well sort of...

After much anticipation, there are still more questions than answers.

Uncertainty is, of course, never the markets friend.

No wonder the Pound is struggling to find direction.

GBP/EUR is stuck in a range at present.

What’s more, the B-word has resurfaced.

Yes – Brexit is back.

The first real deadlines are nearing fast.

The EU has said no extension is possible unless it is agreed by the end of June.

The way things are going, it’s highly likely we will see continued volatility in exchange rates over the coming months.

If you would like to discuss your requirements, please get in touch with a member of the trading department on 01872 487 500.

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: 

Tuesday 12th May 2020 at 10:40

£1.00 GBP = 1.1394 EURO

£1.00 GBP = 1.2327 USD

£1.00 GBP = 1.9004 AUD

£1.00 GBP = 2.0270 NZD

£1.00 GBP = 1.7270 CAD

£1.00 GBP = 22.6501 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