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.

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: 

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

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

Market sentiment has recently improved for Pound Sterling.

Yesterday GBP hit a 3-week high against the US Dollar and was hovering near a 3-week high against the Euro.

The buoyant mood is largely due to hopes of a post-Brexit trade deal with the EU.

Boris Johnson continues to play hardball.

It might just work.

Most analysts seem to think the pressure of a deadline will forge a compromise before time runs out.

If expectations are already optimistic, it actually tilts the risk-reward for GBP to the downside.

We’ve come to expect a political decision (or even rumour) can change the course of exchange rates very quickly.

How can we help you?

If you have a currency requirement, it may be useful to have a conversation with our trading department to discuss technical levels.

You can call us on 01872 487 500.

To protect your upcoming transactions against the risks of sudden market movements, you may consider securing a fixed exchange rate.

Want to know our latest exchange rates? Just 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: 

Thursday 8th October 2020 at 12:30

£1.00 GBP = 1.0984 EURO

£1.00 GBP = 1.2910 USD

£1.00 GBP = 1.8041 AUD

£1.00 GBP = 1.9611 NZD

£1.00 GBP = 1.7095 CAD

£1.00 GBP = 21.4376 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 are in an opportunistic market.

This week the Pound has been attempting to recover in response to rumours of Brexit progress.

The keyword in the sentence is rumours.

At the start of September, it was all doom and gloom.

Now it seems there could be “light at the end of the tunnel”.

The point is the endless Brexit saga swings between hope and despair.

When there is hope, it can be an excellent opportunity for buyers of Euro or US Dollar to secure an elevate rate.

When there is despair, it can be a great time for Euro and Dollar sellers to lock-in their gains.

It’s why we consider this an opportunistic market.

Buyers and sellers get their chance.

Part of our service is to help our client navigate the inherent volatility in currency markets and work with you to achieve a better exchange rate.

If you would like a member of our team, please get in touch on 01872 487 500.

Or to find out our latest rates, please click 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: 

Wednesday 30th September 2020 at 10:30

£1.00 GBP = 1.0958 EURO

£1.00 GBP = 1.2819 USD

£1.00 GBP = 1.8033 AUD

£1.00 GBP = 1.9507 NZD

£1.00 GBP = 1.7188 CAD

£1.00 GBP = 21.7038 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

Pound at risk as 2nd lockdown looms

The threat of a second lockdown has become a risk event.

It comes at a time when GBP is already under pressure from Brexit.

Markets universally hate one thing: uncertainty.

We now face the prospect of nation in lockdown as it ends the Brexit transition period.

You can see why investors are worried…

The Pound could be facing sizeable downside risk from here.

Second-guessing the events ahead could be costly.

How to Break the Uncertainty

For those with currency requirements in the future, it might be prudent to lock in your exchange rate, so your money isn’t affected by the uncertainty and volatility ahead.

Call 01872 487 500 to discuss technical levels and target rates with our trading team.

Or to find out our latest exchange rates, please 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: 

Wednesday 23rd September 2020 at 14:30

£1.00 GBP = 1.0905 EURO

£1.00 GBP = 1.2742 USD

£1.00 GBP = 1.7932 AUD

£1.00 GBP = 1.9357 NZD

£1.00 GBP = 1.7004 CAD

£1.00 GBP = 21.7240 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

Pound faces intense selling pressure

The prospect of a ‘No Deal Brexit’ has driven Sterling down in recent sessions.

Where now for Sterling?

Technical analysts point to intense selling pressure in Sterling.

Any subsequent positive move is likely to confront strong resistance near a short-term descending trend.

Sentiment around the Pound is being driven by the chances of a no-deal Brexit.

GBP investors are becoming increasingly jittery.

The penultimate round of Brexit talks are underway.

All scenarios are feasible; however Sterling’s recent rally makes it susceptible to further losses.

If you have a requirement to purchase EUR or USD from GBP, please consider current levels as the Pound is still reasonably strong compared to recent history.

Contact our trading department on 01872 487 500 and they will be able to assist.

Or to find out current exchange rates, please 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 8th September 2020 at 10:20

£1.00 GBP = 1.1085 EURO

£1.00 GBP = 1.3090 USD

£1.00 GBP = 1.8023 AUD

£1.00 GBP = 1.9635 NZD

£1.00 GBP = 1.7199 CAD

£1.00 GBP = 22.0766 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