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The French Property Network

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: 1610
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: 1635
Apr 14

Pound surges over 9% since March slump

As things stand, the Pound has clawed back much of its March losses.

To recap, panic selling led to the Pound getting savagely dumped in favour of the Euro and US Dollar.

With investors now becoming more optimistic, the Pound has since lifted.

We appreciate that most of the news recently has rightly focused on the ‘health crisis’.

The ‘economic crisis’ is coming next.

Globally, there will be a recession. That’s inevitable.

The true economic impact of the coronavirus won’t be fully realised for a while yet.

Given the extremity of events, there will be further significant shocks to come in the currency markets over the coming weeks and months.

If you need to move money abroad, please get in touch with a member of the Key Currency team and they will be on hand to discuss the timing and execution of the trade with you.

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

We continue to provide our usual service. Our banking and payment systems are operating as normal.

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

If you would like to find out the latest rates, simply 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 14th April 2020 at 10:40

£1.00 GBP = 1.1459 EURO

£1.00 GBP = 1.2538 USD

£1.00 GBP = 1.9646 AUD

£1.00 GBP = 2.0608 NZD

£1.00 GBP = 1.7439 CAD

£1.00 GBP = 22.9171 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: 1529
Apr 8

Is the Pound running out of steam?

The Pound has recovered strongly from the mid-March collapse.

But the reasons are more fragile than fundamental.

In short, hope has had a brief victory over fear in the past fortnight.

As market sentiment has improved, the Pound has regained some of its lost ground against the Dollar and Euro.

Even so, we are probably only at the very beginning of the impact from Coronavirus, both long and short term.

With so much news coming out daily, market trends can turn in the blink of an eye.

We appreciate that many people still have currency requirements and may be looking for guidance and support.

At Key Currency, we will continue to offer our usual service.

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

We are Open as Usual

Our banking and payment systems are operating as normal.

We will also remain open over the Easter period – including Good Friday 08:30 to 17:30 and Easter Monday 08:30 to 17:30.

If you would like to find out the latest rates, simply 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 8th April 2020 at 10:20

£1.00 GBP = 1.1338 EURO

£1.00 GBP = 1.2322 USD

£1.00 GBP = 2.0049 AUD

£1.00 GBP = 2.0678 NZD

£1.00 GBP = 1.7289 CAD

£1.00 GBP = 22.4771 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: 1778
Apr 6

Pound has climbed back up to 3 week highs

Pound up on reversal of panic

The Pound has climbed back up to 3-week highs against the Euro and Dollar.

It’s more a reversal of the panic selling than a shift in fundamentals.

In times of crisis, the Pound tends to get hit harder than currencies perceived to be safer, such as the US Dollar, Euro and Swiss Franc.

The recovery is far from convincing.

At present, the Pound is at the mercy of rotations between hope and fear.

One further implication of coronavirus is that it’s likely the Brexit transition period will be extended.

Both Boris Johnson and the EU’s chief negotiator, Michel Barnier, currently have coronavirus.

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

If you have a currency requirement or are just worried about your foreign exchange exposure, please do get in touch.

We are Open as Usual

Our banking and payment systems are operating as normal.

We will also remain open over the Easter period – including Good Friday and Easter Monday.

To speak to a trader today, call 01872 487 500.

Or to find out current 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 6th April 2020 at 09:15

£1.00 GBP = 1.1378 EURO

£1.00 GBP = 1.2296 USD

£1.00 GBP = 2.0330 AUD

£1.00 GBP = 2.0827 NZD

£1.00 GBP = 1.7371 CAD

£1.00 GBP = 23.4738 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: 1556

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