The Pound enjoyed a small bounce yesterday after Boris Johnson won the leadership race.

But the relief rally may be short-lived.

We now have roughly 97 days until the 31st Oct Brexit deadline.

And the truth is no-one knows how this will play out, including our new PM.

Despite having a new leader, the Conservatives remain deeply divided and have a wafer thin majority.

For these reasons the betting markets still think there’s only a 25% chance of a ‘no-deal’ Brexit happening.

But what that tells you is there is still a lot of potential downside in Pound Sterling as the risks of ‘no-deal’ are still not really priced in.

One thing seems certain, it’s going to be a rocky ride in the next few months.

If you need to sell Euros at present, you might consider taking advantage of Sterling weakness and locking-in a rate of exchange.

On the other hand, if you need to purchase Euros with your Pounds then you need to weigh up whether you can afford for the rate to fall further.

Please contact us directly on 01872 487 500 to discuss this in more detail.

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

Click here for a Free quote.

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 26th July 2019 at 12:45

£1.00 GBP = 1.1165 EURO

£1.00 GBP = 1.2431 USD

£1.00 GBP = 1.7940 AUD

£1.00 GBP = 1.8711 NZD

£1.00 GBP = 1.6384 CAD

£1.00 GBP = 17.6015 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 Sterling is hovering near 2019 lows against the Dollar and Euro.

And the latest data from the futures market shows hedge funds have been increasing their bets on further falls.

Even once the leadership battle for PM is over, Pound Sterling is expected to remain under pressure over the next few months as the October Brexit deadline looms.

If you hold Pounds and need to purchase Euros, you are probably looking at the rate and thinking “I’ll hold off for now until it goes up”.

But please ask yourself if you/your budgeting can afford a further shift lower in the value of the Pound!?

You may wish to secure a rate of exchange and avoid the uncertainty that lies ahead.

If you would like to discuss your position, please call us on 01872 487 500.

Or to find out current exchange rates, request a free quote below.

Click here for a Free quote.

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 10th July 2019 at 14:45

£1.00 GBP = 1.1123 EURO

£1.00 GBP = 1.2512 USD

£1.00 GBP = 1.7990 AUD

£1.00 GBP = 1.8836 NZD

£1.00 GBP = 1.6362 CAD

£1.00 GBP = 17.6062 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 Pound has continued on its downward trend.

In short, the chances of a ‘No Deal’ Brexit have increased.

Only yesterday, Boris Johnson told the BBC that he was “serious” about Britain leaving the EU on the October 31st without a deal if new terms can’t be agreed.

Pound Sterling (GBP) is expected to remain under pressure over the next few months.

If you hold Pounds and need to purchase Euros, you are probably looking at the rate and thinking “I’ll hold off for now until it goes up”.

But major events can cause major moves in exchange rates.

Please ask yourself if you or your budget can afford a further shift lower in the value of the Pound!?

You may wish to secure a rate of exchange and avoid the volatility and uncertainty that lie ahead.

If you would like to discuss your position, please call us on 01872 487 500.

Or if you would like to find out current exchange rates, simply request a free quote below.

Click here for a Free quote.

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 26th June 2019 at 11:25

£1.00 GBP = 1.1171 EURO

£1.00 GBP = 1.2689 USD

£1.00 GBP = 1.8158 AUD

£1.00 GBP = 1.9008 NZD

£1.00 GBP = 1.6692 CAD

£1.00 GBP = 18.2030 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

This week the Pound has dropped to its weakest level since January against both the Euro and US Dollar.

Investors are worried that Boris Johnson will put Britain on a path towards a no-deal Brexit.

Based on the bookies, the probability of Boris being the next Prime Minister is now 88%.

There could be some choppy times ahead for the Pound as the October Brexit deadline approaches.

We have also seen the Euro under pressure this week as President Trump attacks the EU policy of weakening their currency to stimulate growth.

The US Dollar is sitting at uncomfortably high levels. As a result, Trump is putting pressure on the Fed to start cutting rates. We may not have seen the last of the so-called trade wars.

If you would like to benefit from our guidance and support, please contact us directly on 01872 487 500 to discuss your situation in more detail.

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

Click here for a Free quote.

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 19th June 2019 at 18:00

£1.00 GBP = 1.1262 EURO

£1.00 GBP = 1.2627 USD

£1.00 GBP = 1.8377 AUD

£1.00 GBP = 1.9344 NZD

£1.00 GBP = 1.6863 CAD

£1.00 GBP = 18.2804 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

Has the exchange rate bottomed out?

While Sterling lifted off 5-month lows against the Euro yesterday, it could be a short-lived recovery.

Reuters has reported that hedge funds have been building up their negative bets on Sterling in recent weeks.

The ‘race to replace’ May has brought with it increased uncertainty.

Boris remains the clear favourite to become the next PM.

He seems determined to leave the EU with our without a deal – which is placing the Pound under pressure.

However, as we know...

Nothing is guaranteed when it comes to Brexit.

Labour is already working on a cross-party plan to make a no-deal Brexit illegal.

If you need to sell Euros at present, you might consider taking advantage of Sterling weakness and locking-in a rate of exchange.

On the other hand, if you need to purchase EUR from GBP then you need to weigh up whether you can afford for the rate to fall any further.

Although the rate has been higher, it’s also been a lot lower too.

Please contact us directly on 01872 487 500 to discuss this in more detail.

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

Click here for a Free quote.

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 12th June 2019 at 13:10

£1.00 GBP = 1.1253 EURO

£1.00 GBP = 1.2741 USD

£1.00 GBP = 1.8335 AUD

£1.00 GBP = 1.9369 NZD

£1.00 GBP = 1.6945 CAD

£1.00 GBP = 18.8086 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