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

The Euro has had a good run recently.

It’s only just touched a 16-month high against the Pound.

This could be a good opportunity for Euro sellers.

It follows on from the EU pushing through a 0.75% interest rate rise last week, its largest ever!

And Ukraine’s recent advances against Russia have also given a lift to the Euro.

Meanwhile, the Pound is under pressure.

The UK economy is struggling, and all signs seem to point to a recession.

Unfortunately, the Pound didn’t see much of a boost from Liz Truss’s new energy plan either.

So what next, what should you do?

With so much happening in the world right now, we expect exchange rates to remain volatile.

If you have a currency transfer in mind, it could pay to talk it over with one of our currency experts.

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

Current rates: 

Tuesday 13th September 2022 at 10:30

£1.00 GBP = 1.1531 EURO

£1.00 GBP = 1.1712 USD

£1.00 GBP = 1.6959 AUD

£1.00 GBP = 1.9059 NZD

£1.00 GBP = 1.5193 CAD

£1.00 GBP = 19.9436 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

The new Prime Minister Liz Truss has arrived.

The Pound has turned positive with the uncertainty out of the way.

However, inflation and rising energy prices are still the main drivers of exchange rates right now.

In Europe, the main gas pipeline has been cut off by Russia, causing further energy price rises.

Tomorrow, interest rates are likely to be increased again in the Eurozone.

The UK’s interest rate decision comes next week. Another increase is likely.

A new government, an energy crisis and interest rate increases.

Could much more be happening all at once?

So what next, what should you do?

It has the potential to be a volatile week in the currency markets with widespread uncertainty.

If you have a currency transfer in mind, get in touch with your currency representative who can talk it through with you.

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

Current rates: 

Wednesday 7th September 2022 at 10:15

£1.00 GBP = 1.1607 EURO

£1.00 GBP = 1.1489 USD

£1.00 GBP = 1.7093 AUD

£1.00 GBP = 1.9058 NZD

£1.00 GBP = 1.5142 CAD

£1.00 GBP = 19.9517 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