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Aug 20

Currency Alert: Is a General Election Imminent?

Pound Sterling has enjoyed a mini-recovery in the last few days.

Hopes that something will happen to stop a no-deal Brexit has sent GBP up.

But the currency will come back down if it's realised those hopes are unfounded.

It’s been widely reported that Labour is plotting a vote of no-confidence to bring down Johnson's government.

The question is what will happen first: a general election or Brexit?

We note bookmakers believe the chances are far higher for a general election!

That’s an interesting development.

If an election is in fact imminent then Pound Sterling is in for some volatile times in the weeks and months ahead.

If you have a currency requirement then it’s important to stay alert to risks and opportunities.

As part of our personalised service, we can monitor the market and help you exchange on the back of strength not weakness.

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

Or to find out current 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: 

Tuesday 20th August 2019 at 11:20

£1.00 GBP = 1.0910 EURO

£1.00 GBP = 1.2089 USD

£1.00 GBP = 1.7839 AUD

£1.00 GBP = 1.8866 NZD

£1.00 GBP = 1.6109 CAD

£1.00 GBP = 18.5904 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: 1956
Aug 14

Pound could crash to 34 Year Lows

It seems clear Boris Johnson is dragging the UK to No-Deal.

If this happens the Pound would crash to its lowest level since 1985 according to a Bloomberg survey of analysts.

Johnson has told the EU this week he would not even meet for talks unless they shift their position.

The other possibility worrying investors is that Johnson will call a general election in the coming weeks.

We note that hedge funds have increased their bets on a falling Pound to a total of $7.8 billion, the highest since April 2017.

What should you do if you need to move money internationally?

With so much ongoing uncertainty, we expect exchange rate volatility to remain high.

As part of our service, we can monitor the market tailored to your situation and help you exchange on the back of strength not weakness.

Our pro-active approach can alert you to risks and opportunities.

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

Or to find out current 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: 

Wednesday 14th August 2019 at 12:00

£1.00 GBP = 1.0812 EURO

£1.00 GBP = 1.2091 USD

£1.00 GBP = 1.7893 AUD

£1.00 GBP = 1.8795 NZD

£1.00 GBP = 1.6030 CAD

£1.00 GBP = 18.4179 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: 1901
Aug 12

British Pound Hits Multi-year Lows

Pound Sterling has dropped more than 7% in the past three months.

This makes it the worst performing currency among all major currencies.

It now sits near multi-year lows against both the Euro and the Dollar.

Plus as the 31 October Brexit deadline approaches, Pound Sterling is expected to remain under pressure.

Markets are only beginning to wake-up to the prospect of a no-deal Brexit.

The odds have now escalated to 30% based on a survey carried out by Bloomberg last week. That’s more than 3 times the level from a similar survey only a few months ago.

What’s more the UK economy is starting to crack, with the economy shrinking in the second quarter – the first time it has done so in six years.

Given the exchange rate volatility we are seeing, it’s important to stay alert to opportunities.

We can monitor the market tailored to your requirements and help you exchange on the back of strength not weakness.

In order to benefit from our pro-active service, please get in touch on 01872 487 500.

Or to find out current exchange rates, please 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: 

Monday 12th August 2019 at 10:00

£1.00 GBP = 1.0797 EURO

£1.00 GBP = 1.2066 USD

£1.00 GBP = 1.7839 AUD

£1.00 GBP = 1.8697 NZD

£1.00 GBP = 1.5970 CAD

£1.00 GBP = 18.5891 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: 2090
Aug 6

Currency Alert - Pound headed for another major slide?

The Pound continues its downward spiral …

With the new PM pushing the UK towards a no-deal Brexit, the economic risks are mounting.

Analysts are predicting that the Pound could suffer another major slide.

In fact, over the last few days Investec, Danske Bank and ICAP have all stated that in the event of a hard exit, the Pound could reach parity with the Euro.

Over the coming months, where the Pound will land is anyone’s guess.

Even the bookmakers can’t decide what the most likely outcome is from here with similar odds for another extension, a general election or a no-deal Brexit!!!

If you have a foreign exchange requirement, doing nothing does not alleviate your currency risk.

Rates can always move higher or lower but it’s a question of whether you can afford further adverse movements.

To discuss your situation, call us on 01872 487 500 to speak to a currency specialist.

Or to find out current exchange rates, please 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: 

Tuesday 6th August 2019 at 10:45

£1.00 GBP = 1.0883 EURO

£1.00 GBP = 1.2191 USD

£1.00 GBP = 1.7957 AUD

£1.00 GBP = 1.8626 NZD

£1.00 GBP = 1.6095 CAD

£1.00 GBP = 18.0848 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: 1907
Jul 30

Pound Plunges to 27 Month Lows

The Boris bounce has turned into the Boris bloodbath…

Our new PM is not mixing his words and the markets are listening.

Since Johnson became Prime Minister last week, Pound Sterling is the worst-performing currency in the world.

It seems likely Johnson is gearing up for an election as soon as Autumn.

His extreme rhetoric (real or fake) is designed to nullify the threat of Nigel Farage’s Brexit Party.

In the space of just a week, the Pound has lost around 2.4% already.

Over the coming months, where the Pound will land is anyone’s guess.

While we deal in commercial exchange rates, we note that the Pound is worth just 85 Euro cents at UK airports and is at parity with the Dollar. Ugly times for summer travellers.

If you have a currency requirement, please get in touch to discuss your situation.

Call us on 01872 487 500 to speak to a currency expert.

Or to find out current exchange rates, please 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: 

Tuesday 30th July 2019 at 10:10

£1.00 GBP = 1.0924 EURO

£1.00 GBP = 1.2173 USD

£1.00 GBP = 1.7665 AUD

£1.00 GBP = 1.8385 NZD

£1.00 GBP = 1.6037 CAD

£1.00 GBP = 17.3093 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: 2088

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