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The French Property Network

Nov 21

The real issue driving the Pound

With just over three weeks to go, all eyes are on the election.

But we wonder whether it will bring the certainty over Brexit as hoped?

Just about everyone expects the Conservatives to win.

However, that’s not the real issue...

Boris Johnson needs more than a win; he needs a large majority to get his Brexit bill passed. And that is far from certain.

A small Conservative majority (which Nigel Farage is predicting) may keep us stuck on the Brexit merry-go-round.

As HSBC put it “anything can happen”.

The period of stability we are seeing in the Pound may well be short-lived.

Option prices on Pound Sterling have doubled in value since the beginning of the month.

In plain English, it means investors are very nervous about the result and we could see sharp moves in exchange rates around election time.

If you would like to de-risk yourself from an adverse move, you may wish lock in a rate now.

Call us on 01872 487 500 to discuss your requirements.

For current exchange rates, get a quote below.

Click here for a Free quote.

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 21st November 2019 at 12:30

£1.00 GBP = 1.1686 EURO

£1.00 GBP = 1.2952 USD

£1.00 GBP = 1.9027 AUD

£1.00 GBP = 2.0139 NZD

£1.00 GBP = 1.7244 CAD

£1.00 GBP = 19.0586 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: 1892
Nov 14

Pound Sterling pushes to 6 Month Highs

It was more of a nudge than a surge…

But the Pound has crept up to 6-month highs against the Euro this week.

With Nigel Farage ‘gifting’ the Tories some seats, it has increased the chances of a clear election win for the Conservative Party.

This news is perceived as positive for the Pound because it reduces the risks of further Brexit uncertainty.

At present, the election and Brexit are overshadowing economic news. However, we note that Moody’s (the debt rating agency) downgraded the UK’s outlook to negative and there is talk that the Bank of England might need to cut interest rates.

Both of these factors could drive the Pound down once the market sees beyond the immediate events.

If you would like to some guidance on market trends, exchange rates or currency purchasing strategies, please get in touch.

Click here for a Free quote.

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 14th November 2019 at 10:30

£1.00 GBP = 1.1689 EURO

£1.00 GBP = 1.2859 USD

£1.00 GBP = 1.8928 AUD

£1.00 GBP = 2.0118 NZD

£1.00 GBP = 1.7055 CAD

£1.00 GBP = 19.0812 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: 1792
Nov 6

Rate Alert as the Pound flirts with 6 Month Highs

The UK election polls put the Conservatives comfortably in front.

As a result, the Pound is in a ‘happy place’ right now and near to 6-month highs against the Euro.

A Labour win or hung Parliament would create uncertainty – so the Pound is reacting positively to the latest polls.

Further gains from here may be limited as the Pound has already had a strong run over the past few months, and we all know elections can produce unexpected outcomes.

We note the Brexit Party continues to gain ground in the polls. Investors seem fairly complacent to this fact.

Should the Brexit Party find itself holding the balance of power, it could easily derail the recent progress in Brexit and therefore would send the Pound crashing back down.

In short, the election result is a binary bet for exchange rates over the next six weeks.

If you have a currency requirement, you may prefer to minimise the risk inherent with rate volatility.

Please get in touch on 01872 487 500 to discuss market trends and currency purchasing strategies.

To find out the latest exchange rates, click below.

Click here for a Free quote.

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 6th November 2019 at 10:00

£1.00 GBP = 1.1614 EURO

£1.00 GBP = 1.2882 USD

£1.00 GBP = 1.8667 AUD

£1.00 GBP = 2.0189 NZD

£1.00 GBP = 1.6963 CAD

£1.00 GBP = 19.1273 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: 1841
Oct 24

Despite all the recent news, not a lot has changed

Pound hovers near 5-month highs

We are still stuck in Brexit stalemate.

It has created a brief period of stability in the Pound exchange rate.

But we know there are plenty of potential events that could unfold at any moment.

Delay?

Election?

New MP vote?

Any one of these events could send Sterling up, down or up and down.

If you prefer certainty over intrigue, then you may wish to secure an exchange rate before the next Brexit twist.

That way, you can carry on with your life plans using a protected budget.

To discuss your currency requirements, please call us on 01872 487 500.

To find out today’s exchange rates, click on the link below.

Click here for a Free quote.

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 24th October 2019 at 09:55

£1.00 GBP = 1.1586 EURO

£1.00 GBP = 1.2890 USD

£1.00 GBP = 1.884 AUD

£1.00 GBP = 2.0178 NZD

£1.00 GBP = 1.6868 CAD

£1.00 GBP = 18.8594 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: 1841
Oct 18

Extended Trading Hours due to Super Saturday

It’s being called ‘Super Saturday’…

For the first time in 37 years, Parliament will have a Saturday sitting.

The last time it happened was for the Falkland Islands invasion in 1982.

Boris Johnson is calling it a ‘do-or-die’ moment.

If the Brexit deal gets approved, the UK will leave the EU in just 2 weeks.

If rejected, the PM may seek approval to leave the EU without a deal in place.

Given the historical significance of these events, we will extend our trading hours on Monday from 7am.

If you would like to secure an exchange rate prior to the crucial vote, please contact us today on 01872 487 500.

To find out current exchange rates, please click on the link below.

Click here for a Free quote.

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Friday 18th October 2019 at 09:45

£1.00 GBP = 1.1602 EURO

£1.00 GBP = 1.2909 USD

£1.00 GBP = 1.8879 AUD

£1.00 GBP = 2.0272 NZD

£1.00 GBP = 1.6964 CAD

£1.00 GBP = 19.0804 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: 1971

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