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

Pound has biggest fall since Brexit & Covid

I’m sure you’ve seen the news...

The Pound had its biggest one-day fall since Brexit and Covid on Friday.

The UK governments big tax cuts have gone down like a lead balloon.

Ramping up government debt at a time of rapidly rising interest rates is seen as risky bordering on reckless.

What’s more, it doesn’t seem to make sense.

You have the UK government pumping the accelerator while the Bank of England is slamming the brakes. Um, what’s the plan here?

The new Chancellor is also fanning the inflationary flames saying more cuts are coming. He might want to turn on the news.

There’s going to be some volatile times ahead.

So what next, what should you do?

I know the news is scary right now, but every crisis brings opportunities.

We are here to help you navigate the currency markets and make the most of your money.

If you want to get a quick quote, find out the latest market trends, or target a specific rate?

Then now is a good time to get in touch.

Current rates: 

Tuesday 28th September 2022 at 07:45

£1.00 GBP = 1.1170 EURO

£1.00 GBP = 1.10677 USD

£1.00 GBP = 1.6747 AUD

£1.00 GBP = 1.9131 NZD

£1.00 GBP = 1.4726 CAD

£1.00 GBP = 19.4008 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