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.

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: 

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

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

Currency markets continue to be highly volatile.

After hitting lows in March, Pound Sterling has jumped around 8% against the Dollar and 7% against the Euro.

The bounce has surprised the markets as the UK’s credit rating was just downgraded by the ratings agency Fitch, from AAA to AA–.

It shows that in times like these, you need to stay alert to opportunities.

If there’s a favourable rate in front of you, you can’t assume it will be there tomorrow.

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

How to secure peace of mind.

If you secure a rate here, it will provide you with a level of certainty, and at least it’s one worry off your mind.

Please note - we are open as usual. Our banking and payment processes are operating as normal.

Whatever your requirements please do get in touch on 01872 487 500.

To find out the 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: 

Wednesday 1st April 2020 at 14:20

£1.00 GBP = 1.1350 EURO

£1.00 GBP = 1.2403 USD

£1.00 GBP = 2.0454 AUD

£1.00 GBP = 2.0988 NZD

£1.00 GBP = 1.7637 CAD

£1.00 GBP = 22.1947 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

Currency markets continue to be driven by coronavirus developments.

We are operating normally, without disruption to service and our banking and payment systems remain unaffected.

Every day it seems like we have a month’s worth of news, which is causing extraordinary volatility in exchange rates.

The Pound has been hit by a ‘flight to safety’ into US Dollars and the Euro.

It’s certainly been a good time to transfer money back to the UK, but we also have clients keen to protect their pensions, bills and other regular overseas payments from a further weakening of the Pound.

We are here to help in these unprecedented times.

There is no disruption to our service. Our banking and payment systems remain unaffected.

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

To speak to a trader, call 01872 487 500.

Or to find out current 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: 

Thursday 26th March 2020 at 15:35

£1.00 GBP = 1.0965 EURO

£1.00 GBP = 1.2077 USD

£1.00 GBP = 1.9963 AUD

£1.00 GBP = 2.0307 NZD

£1.00 GBP = 1.6931 CAD

£1.00 GBP = 20.9381 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 US Dollar has jumped to 35-year highs against Pound Sterling.

It’s perhaps even more surprising as the US government is trying to depreciate the Dollar.

But as investors panic, they have driven USD to extreme levels (well beyond any fundamental reasons).

It’s a great opportunity for those holding US Dollars and wanting to convert them back to Pounds.

In the space of a single month, you have profited by 11.7%.

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

If you hold USD 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. We are open as normal.

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: 

Friday 20th March 2020 at 11:15

£1.00 GBP = 1.0970 EURO

£1.00 GBP = 1.1761 USD

£1.00 GBP = 1.9885 AUD

£1.00 GBP = 2.0226 NZD

£1.00 GBP = 1.6791 CAD

£1.00 GBP = 20.4258 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

Coronavirus is causing major moves in currency markets.

In particular, the Euro to Pound rate has seen a huge swing in a matter of days.

As things stand, the Euro is sitting near 35-year highs.

It’s very fortunate for people holding Euros and waiting for a good time to bring them back to the UK.

You are 12.9% better-off than you were only 1 month ago!

Needless to say, moves of this scale are a rare event.

If you hold Euros and want to take advantage of current rates, get in touch straight away.

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 19th March 2020 at 12:30

£1.00 GBP = 1.0806 EURO

£1.00 GBP = 1.1598 USD

£1.00 GBP = 2.0301 AUD

£1.00 GBP = 2.0525 NZD

£1.00 GBP = 1.6954 CAD

£1.00 GBP = 20.1515 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