Pound falls as new PM announced - here's why...

We have (yet another) new Prime Minister.

The hope is it brings some stability to the UK.

In reaction to the news, the Pound actually fell against the Euro and US Dollar.

As they say in the markets “The good news was already in the price”.

The positive reaction to the policy U-turn and change of PM happened last week.

Now it’s back to the job at hand: inflation.

All eyes remain on central banks as interest rates keep going up around the world.

So what next, what should you do?

Given how fragile the economic situation is, we expect currency markets to remain volatile.

Of course, that will present risks and opportunities.

If you have a currency transfer in mind, discussing it with your Account Manager could save you stress and money.

Click below to get an exchange rate quote or call 01872 487 500.

Current rates: 

Tuesday 25th October 2022 at 10:50

£1.00 GBP = 1.1473 EURO

£1.00 GBP = 1.1325 USD

£1.00 GBP = 1.7962 AUD

£1.00 GBP = 1.9962 NZD

£1.00 GBP = 1.5564 CAD

• 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 soars after full Gov U-turn

The Pound has jumped against both the Euro and the US Dollar.

The new Chancellor has announced a full U-turn on the poorly received mini-budget.

As a result, the Pound has bounced back.

But the government and its policies are still under the spotlight.

With their initial plans now out of the window, what do they have planned next?

After the ups and downs in the Pound in recent weeks, almost anything could happen.

So what next, what should you do?

As always it pays to stay alert to opportunities and risks.

If you have a currency transfer in mind, you could save yourself money and stress by discussing it with your Account Manager.

Click below to get a free quote below or call 01872 487 500.

Current rates: 

Tuesday 18th October 2022 at 10:30

£1.00 GBP = 1.1501 EURO

£1.00 GBP = 1.1307 USD

£1.00 GBP = 1.7984 AUD

£1.00 GBP = 1.9951 NZD

£1.00 GBP = 1.5561 CAD

• 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 5-week high against Euro

Today, the Pound has jumped to a 5-week high against the Euro.

That’s a sudden movement in your favour.

It’s because there are rumours swirling of a possible further government U-turn on its mini-budget.

This could be a good opportunity to transfer Pounds to Euros.

Are you still interested in a Pounds to Euros transfer?

If you are, we can discuss it with you and give you a free Pounds to Euros quote.

Click below to get a quote or call 01872 487 500.

Current rates: 

Thursday 13th October 2022 at 15:25

£1.00 GBP = 1.1587 EURO

£1.00 GBP = 1.1207 USD

£1.00 GBP = 1.8032 AUD

£1.00 GBP = 2.0159 NZD

£1.00 GBP = 1.5577 CAD

• 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

It’s been a couple of wild weeks for the Pound.

It crashed and recovered in the space of two weeks.

But the pressure’s still on the Pound.

Despite the Government’s tax U-turn, other cuts and more borrowing are on the cards.

The new Chancellor’s economic plan is due out before the end of this month – which provides near-term risk for the Pound. What will he do next?

For the Euro, fresh attacks in Ukraine don’t bode well.

No global situation has more uncertainty than the conflict in Ukraine, and it’s the Euro that takes the brunt.

The US Dollar continues to thrive as a safe-haven away from all the instability.

So what next, what should you do?

The current uncertainty is driving volatility in exchange rates.

Of course, volatility can present risks and opportunities to our clients.

If you have a currency transfer in mind, speak to your Account Manager who can help you navigate the market.

Get a free exchange rate quote below or call 01872 487 500.

Current rates: 

Tuesday 11th October 2022 at 10:00

£1.00 GBP = 1.1374 EURO

£1.00 GBP = 1.1047 USD

£1.00 GBP = 1.7610 AUD

£1.00 GBP = 1.9828 NZD

£1.00 GBP = 1.5277 CAD

• 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 makes a comeback after Gov's tax U-turn

The Pound has bounced back after the Government’s tax cut U-turn.

In a sense, the Government has brought some balance to the currency markets after last week’s chaos.

Plus, the UK avoided recession last week too!

The Pound is largely back to where it was before the mini-budget against the Euro and US Dollar.

But, long term, the pressure’s still on the Government and the UK economy.

In Europe, the energy crisis is still hanging over the Euro, with Winter on the horizon.

Both the Pound and Euro face their battles.

So what next, what should you do?

The currency markets are likely to remain volatile with plenty going on.

If you have a currency transfer in mind, it could pay to discuss it with your Account Manager.

Get a free exchange rate quote below or call 01872 487 500.

Current rates: 

Tuesday 4th October 2022 at 10:00

£1.00 GBP = 1.1520 EURO

£1.00 GBP = 1.1376 USD

£1.00 GBP = 1.7488 AUD

£1.00 GBP = 1.9828 NZD

£1.00 GBP = 1.5490 CAD

£1.00 GBP = 20.1936 ZAR

• 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