The Pound's Recent Gains are dropping back

Pound dips as UK election looms

The Pound seems to have given up some of its recent momentum.

It’s had a jolly good run against the Euro, Canadian Dollar and Japanese Yen lately.

These favourable moves look technical as there isn’t an obvious catalyst to drive the Pound higher.

With UK inflation now back to the target level of 2%, the Bank of England has good reason to start cutting interest rates.

This would be expected to weaken the Pound, but the first cut isn’t expected until 1st August.

For now, it’s all about politics.

The UK election is just 1 week away!

And we are also about to have the first round of the French election and the first presidential debate in the US.

As a result, we could see heightened volatility in the GBP, EUR and USD.

So what next, what should you do?

Get ahead of the game and read our Guide to Foreign Currency Exchange.

Download the Guide Here - with no obligation of course.

If you would prefer to lock-in a rate and avoid the uncertainty, then please get in touch.

You can call us on 01872 487 500.

Or click below for our latest rates.

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
5. Authorised by the FCA

Current rates: 

Thursday 27th June 2024 at 10:50

£1.00 GBP = 1.1820 EURO

£1.00 GBP = 1.2645 USD

£1.00 GBP = 1.8961 AUD

£1.00 GBP = 2.0725 NZD

£1.00 GBP = 1.7300 CAD

£1.00 GBP = 1.1345 CHF

• Want to Learn More?

• We have created a selection of Free PDF Guides for you to download covering many aspects of buying property abroad, visit our PDF Guides Page today or download our "Buying A Property in France" Guide PDF document.

• Want to Live in France Post-Brexit? download our "PDF Guide to Living in France Post-Brexit" document.

  

• 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.

For everything you need to know about French property visit www.clefrance.co.uk

A good time to take advantage of the current rate

Pound to Euro hits 100 week high

Just a quick note this morning…

Late Friday we saw the Pound to Euro rate reach a 100 week high.

It has generated a lot of interest from clients looking to buy Euros.

With UK election uncertainty and a soft economy, it may be a good time to take advantage of the current rate.

So what next, what should you do?

Get ahead of the game and read our Guide to Foreign Currency Exchange.

Download the Guide Here - with no obligation of course.

Please get in touch to secure a rate.

You can call us on 01872 487 500.

To find out our latest rates, click below.

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
5. Authorised by the FCA

Current rates: 

Monday 17th June 2024 at 11:50

£1.00 GBP = 1.1830 EURO

£1.00 GBP = 1.2665 USD

£1.00 GBP = 1.9180 AUD

£1.00 GBP = 2.0690 NZD

£1.00 GBP = 1.7405 CAD

£1.00 GBP = 1.1300 CHF

• Want to Learn More?

• We have created a selection of Free PDF Guides for you to download covering many aspects of buying property abroad, visit our PDF Guides Page today or download our "Buying A Property in France" Guide PDF document.

• Want to Live in France Post-Brexit? download our "PDF Guide to Living in France Post-Brexit" document.

  

• 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.

For everything you need to know about French property visit www.clefrance.co.uk

When was the last time you saw the Pound above 1.18 Euro?

22 Months ago, that is when!

A quick heads up for you this morning…

The Pound hit a 22-month highs against the Euro and continues to rise.

So why is this?

With UK inflation coming in higher than expected, a June rate cut is now less likely.

Election results in Europe and a snap election set in France.

The Pound’s strength has caught some investors by surprise given we have a general election looming.

Either way, it’s a very attractive time for buyers of Euros.

So what next, what should you do?

Get ahead of the game and read our Guide to Foreign Currency Exchange.

Download the Guide Here - with no obligation of course.

Please get in touch to discuss your requirements so we can keep an eye on things for you.

You can speak to us by calling 01872 487 500.

To find out our latest rates, click below.

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
5. Authorised by the FCA

Current rates: 

Tuesday 11th June 2024 at 09:55

£1.00 GBP = 1.1845 EURO

£1.00 GBP = 1.2725 USD

£1.00 GBP = 1.9280 AUD

£1.00 GBP = 2.0785 NZD

£1.00 GBP = 1.7520 CAD

£1.00 GBP = 1.1415 CHF

• Want to Learn More?

• We have created a selection of Free PDF Guides for you to download covering many aspects of buying property abroad, visit our PDF Guides Page today or download our "Buying A Property in France" Guide PDF document.

• Want to Live in France Post-Brexit? download our "PDF Guide to Living in France Post-Brexit" document.

  

• 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.

For everything you need to know about French property visit www.clefrance.co.uk

Pound hits highs as rate cuts begin

A new cycle has begun...

The Bank of Canada is the first major central bank to cut interest rates.

The European Central Bank is expected to do the same today.

The more that do it, the easier it is for others to follow.

But futures markets are still undecided on what the Bank of England will do later this month.

The unclear picture is helping the Pound, perhaps only temporarily.

For now, it’s a great time for buyers of Euros as the British Pound is at its highest point against the Euro since August 2022.

The Pound is also on a nice little run against the US Dollar and Canadian Dollar.

Some good opportunities are coming out of the global policy shift.

So what next, what should you do?

Get ahead of the game and read our Guide to Foreign Currency Exchange.

Download the Guide Here - with no obligation of course.

Please get in touch to discuss your requirements so we can keep an eye on things for you.

You can speak to us by calling 01872 487 500.

To find out our latest rates, click below.

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
5. Authorised by the FCA

Current rates: 

Friday 7th June 2024 at 10:30

£1.00 GBP = 1.1745 EURO

£1.00 GBP = 1.2790 USD

£1.00 GBP = 1.9180 AUD

£1.00 GBP = 2.0655 NZD

£1.00 GBP = 1.7490 CAD

£1.00 GBP = 1.1375 CHF

• Want to Learn More?

• We have created a selection of Free PDF Guides for you to download covering many aspects of buying property abroad, visit our PDF Guides Page today or download our "Buying A Property in France" Guide PDF document.

• Want to Live in France Post-Brexit? download our "PDF Guide to Living in France Post-Brexit" document.

  

• 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.

For everything you need to know about French property visit www.clefrance.co.uk

Pound to Euro Hits 21-month High!

The Pound continues to be in a strong position

The Pound continues to be in a strong position.

Lower inflation and higher growth from the UK economy has helped.

And so far, there hasn’t been any big wobbles since the UK election was called.

Here’s a quick overview of some key rates:

- GBP / EUR has touched 21-month highs
- GBP / USD has hit 2-month highs
- GBP / CAD is at 27-month highs

Given recent moves, it looks to be a good time for buyers of Euro, US Dollar, Canadian Dollar.

But don't take these favourable moves for granted.

Next month’s interest rate meetings will bring some fireworks to currency markets as rate cuts are a possibility – particularly in the EU and UK.

Note – rate cuts tend to weaken a currency.

So what next, what should you do?

Get ahead of the game and read our Guide to Foreign Currency Exchange.

Download the Guide Here - with no obligation of course.

Make sure you get in touch so we can keep an eye out for your best market opportunities

You can call us on 01872 487 500.

To find out our latest rates, click below

.

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
5. Authorised by the FCA

Current rates: 

Wednesday 29th May 2024 at 09:50

£1.00 GBP = 1.1775 EURO

£1.00 GBP = 1.2760 USD

£1.00 GBP = 1.9180 AUD

£1.00 GBP = 2.0790 NZD

£1.00 GBP = 1.7425 CAD

£1.00 GBP = 1.1650 CHF

• Want to Learn More?

• We have created a selection of Free PDF Guides for you to download covering many aspects of buying property abroad, visit our PDF Guides Page today or download our "Buying A Property in France" Guide PDF document.

• Want to Live in France Post-Brexit? download our "PDF Guide to Living in France Post-Brexit" document.

  

• 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.

For everything you need to know about French property visit www.clefrance.co.uk