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The French Property Network

May 12

Pound caught in a trap

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.

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 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

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: 2024
May 4

Pound vs Euro Turns Ugly

Last week was the first in a while where there was no clear direction in GBP/EUR.

We seem to be at a crossroads for the currency pair.

While it’s positive for the Pound that Boris is back at the helm, the Euro has been lifted as Spain, France and Germany are ahead of the UK in easing of restrictions.

It’s still too early to say who has suffered more economic damage. That will play out over the weeks and months ahead.

Put simply, the future direction of all the major currencies is highly uncertain – which means price trends are short-lived.

Sitting back and hoping for a specific rate may end up being be counterproductive and costly.

So what should You do?

The best strategy may simply be to trade the opportunities in front of you, pouncing on favourable rate moves when they arise.

If you would like to discuss your particular situation, you can speak to a trader on 01872 487 500. They are here to help.

Or to find out our latest exchange 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: 

Monday 4th May 2020 at 15:40

£1.00 GBP = 1.1392 EURO

£1.00 GBP = 1.2430 USD

£1.00 GBP = 1.9415 AUD

£1.00 GBP = 2.0649 NZD

£1.00 GBP = 1.7513 CAD

£1.00 GBP = 23.2281 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: 1704
Apr 29

Pound Pushing to 4 week Highs

The Pound has been nudging higher and is now sitting near 4 week highs against the Euro.

In a global sense, investors are feeling more positive.

It is benefiting the Pound relative to safe-haven currencies like the US Dollar and Euro.

This week attention will turn to the US Federal Reserve and European Central Bank. We will find out if further stimulus is announced.

It may end up a case of who has the biggest financial bazooka.

For those with currency requirements, please be aware that volatility in rates could escalate again as the spotlight moves from the health crisis to the economic crisis.

Act Now - there are always opportunities for you to get an improved rate.

During this period of lockdown, we have seen clients be pro-active when the Pound has had big swings.

If you would like to discuss your upcoming requirements, you can speak to a trade on 01872 487 500.

To find out our latest exchange 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 29th April 2020 at 10:30

£1.00 GBP = 1.1440 EURO

£1.00 GBP = 1.2436 USD

£1.00 GBP = 1.9050 AUD

£1.00 GBP = 2.0401 NZD

£1.00 GBP = 1.7325 CAD

£1.00 GBP = 23.0165 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: 1618
Apr 23

Is it a good time to buy or sell Pounds?

The truth is you only ever know the ‘perfect time’ to exchange your money once it’s been and gone.

Hindsight is a wonderful thing.

What we do know is the Pound has bounced over 7% from recent lows – which is tempting for those that need to buy Euros or Dollars.

The reason is things could get a lot worse for the Pound as Britain is lagging Europe’s recovery to Coronavirus.

Likewise, for those selling Euros into Pounds, the exchange rate remains historically attractive.

The ‘Brexit discount’ embedded in the Pound won’t last forever and is already dissipating.

At the end of the day, exchange rates are as much about taming greed and fear as they are about the rate itself.

How can we Help You?

As a currency specialist, we appreciate our clients want to get the best rate possible within their timeframe.

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.

They may be working remotely, but they are glued to the screens as always.

Or if you would like to know our latest 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: 

Thursday 23rd April 2020 at 17:20

£1.00 GBP = 1.1439 EURO

£1.00 GBP = 1.2366 USD

£1.00 GBP = 1.9357 AUD

£1.00 GBP = 2.0531 NZD

£1.00 GBP = 1.7368 CAD

£1.00 GBP = 23.5618 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: 1592
Apr 20

Time to move money back to the UK?

Without a doubt, it is highly uncertain times for individuals and businesses.

However, we appreciate that many people still have currency requirements and may be looking for some guidance and support.

If you have money sat in an overseas bank account, it may be a good time to send the money back to the UK.

Key Currency can help you achieve an optimal exchange rate and avoid paying bank fees.

We continue to provide our usual service.

Our payment and banking systems are operating as normal, without disruption to service, security or transfer times.

Managing your currency exposure effectively now will give you one less thing to worry about down the line.

To speak to one of our traders, call us on 01872 487 500.

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: 

Monday 20th April 2020 at 14:00

£1.00 GBP = 1.1453 EURO

£1.00 GBP = 1.2441 USD

£1.00 GBP = 1.9555 AUD

£1.00 GBP = 2.0548 NZD

£1.00 GBP = 1.7560 CAD

£1.00 GBP = 23.3462 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: 1622

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