Find out what’s driving GBP, EUR & USD

There’s two big themes in the currency markets right now…

Inflation and War.

Both have serious consequences for exchange rates.

First inflation. The Bank of England, along with other leading central banks are in a race to contain inflation by raising interest rates.

A few more hikes from the Bank of England are expected before the year is out.

This would be positive for the Pound.

In the US, it’s a similar situation. In fact, Goldman Sachs are now predicting seven rate rises during 2022! If so, the US Dollar would charge higher.

The EU is a bit of a laggard in tackling inflation. This is holding back the Euro.

So it’s a case of a ‘race to the top’ of the interest rate mountain. The higher the climb, the stronger the currency.

As for the threat of war, it’s anyone’s guess what Putin is planning.

But if things escalate it will favour safe-haven currencies like the US Dollar, Swiss Franc and Japanese Yen. The Pound is likely to get sold off in the event of trouble.

It can be tricky trying to navigate foreign exchange markets alone.

If you have currency requirements over the coming weeks and months, please do get in touch.

Part of our service is to help discuss and agree on the right time to exchange your money.

Call us on 01872 487 500 to speak to a member of our team.

Or click below to find out our latest exchange rates.

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 16th February 2022 at 09:30

£1.00 GBP = 1.1924 EURO

£1.00 GBP = 1.3567 USD

£1.00 GBP = 1.8899 AUD

£1.00 GBP = 2.0387 NZD

£1.00 GBP = 1.7208 CAD

£1.00 GBP = 20.4453 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 last few years has all been about Brexit and Covid.

But in 2022 some new themes are emerging.

Right now it’s all about inflation and interest rates.

At first, only the Bank of England looked like raising interest rates this year.

It’s why the Pound started 2022 with a bang.

The US Federal Reserve is also expected to raise rates next month. This has caused the US Dollar to strengthen.

And in the past fortnight, Australia and the EU have indicated they will also rate raises in 2022 – despite saying the opposite only weeks ago!

As expected, the news has triggered a surge in the Euro and Australian Dollar.

The rapidly shifting landscape is causing big moves in exchange rates.

It’s why it pays to stay on top of what’s happening, so you can take advantage of favourable moves.

If you would like to discuss your currency requirements, call us on 01872 487 500.

Or to find out the latest rates, click below.

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 9th February 2022 at 10:15

£1.00 GBP = 1.1880 EURO

£1.00 GBP = 1.3575 USD

£1.00 GBP = 1.8937 AUD

£1.00 GBP = 2.0343 NZD

£1.00 GBP = 1.7228 CAD

£1.00 GBP = 20.7776 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 Pound has staged a comeback since last week.

And with good reason…

This Thursday we have the latest Bank of England meeting.

The market is pricing in an 85% chance of a hike in UK interest rates.

This would be seen as positive for the Pound.

In the US, the Federal Reserve is headed the same way. They are expected to raise rates next month.

This is boosting the appeal of the US Dollar.

Europe is lagging behind. The ECB is not under the same pressure to raise rates.

Put simply, the difference in interest rate policy is good for the Pound and US Dollar and bad for the Euro.

That’s the state of play right now.

But you never know what’s around the corner…

A political scandal, a recession, another Covid variant, even a war is possible.

That’s why it makes sense to take advantage of favourable moves.

It gives you certainty.

If you would like any guidance, you can speak to a member of our team on 01872 487 500.

Or to find out our latest rates, click below.

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: 

Tuesday 1st February 2022 at 10:15

£1.00 GBP = 1.1993 EURO

£1.00 GBP = 1.3501 USD

£1.00 GBP = 1.90365 AUD

£1.00 GBP = 2.0481 NZD

£1.00 GBP = 1.7113 CAD

£1.00 GBP = 20.6499 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 Pound to Euro rate has tumbled over the last few days.

Only yesterday it was barely holding above the low point for the year.

The simmering problems in the Ukraine have got investors spooked.

Note - The Pound tends to get hit harder than the Euro in times of trouble.

We also think the market expectation for four UK interest rate hikes in 2022 may be a bit too ambitious.

If this expectation doesn’t eventuate, it will be bad news for the Pound.

I guess it’s another example of things changing rapidly in these uncertain times.

Trends can be short-lived. Opportunities can be fleeting.

As always we will be keeping an eagle eye on what’s happening in currency markets.

If you would like to speak to a member of our team, call us on 01872 487 500.

Or to find out our latest rates, click below.

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: 

Tuesday 25th January 2022 at 09:30

£1.00 GBP = 1.1935 EURO

£1.00 GBP = 1.3481 USD

£1.00 GBP = 1.8871 AUD

£1.00 GBP = 2.0191 NZD

£1.00 GBP = 1.7047 CAD

£1.00 GBP = 20.6403 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 Pound continues its bullish trend.

Right now it is sitting on the cusp of 2-year highs against the Euro.

Investors are thinking that Omicron cases will peak in the UK soon.

That’s what happened in South Africa – a rapid rise followed by a rapid fall.

If things pan out that way, the pressure will be back on the Bank of England to tackle UK inflation.

In other words, investors’ are betting that interest rate rises are coming.

The first test will be early next month.

Market expectations are for 3-4 hikes this year alone, so the Bank of England needs to get a move on.

Of course if they choke (on their crumpets and jam), the Pound’s gains could easily go into reverse.

One thing’s for sure…

Nothing stays static for long in the currency markets.

With so much going on, uncertainty and volatility are here to stay.

But where there’s movement, there’s opportunities.

If you would like to speak to a member of our team, call us on 01872 487 500.

Or to find out our latest rates, click below.

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: 

Tuesday 11th January 2022 at 09:30

£1.00 GBP = 1.1994 EURO

£1.00 GBP = 1.3607 USD

£1.00 GBP = 1.8931 AUD

£1.00 GBP = 2.0078 NZD

£1.00 GBP = 1.7199 CAD

£1.00 GBP = 21.1861 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