Pound Sterling at risk from global events

There is plenty of volatility at the moment…

But most of the movement is coming from geopolitical events, rather than market news.

Overall, this still seems to be favouring the US Dollar.

Escalating troubles in the Ukraine and Middle East are only part of the story.

There’s also growing fears around upcoming trade wars.

Trump has proposed tariff hikes for Mexico, Canada and China from day one.

Obviously, if that happens then others will follow suit.

Fortunately, we see the UK (and Pound Sterling) as one of the few currencies that may escape the damage.

UK-US trade is pretty balanced, so there is no need for tariffs (with the US anyway).

A quick update on market trends:

• GBP / USD is near its lowest level in over 6 months
• Euro / Dollar recently hit a 2-year low
• GBP / EUR has been stable for the past month

Given all the volatility of late, make sure you get in touch and we can discuss the best way to protect your currency requirements.

You can call us on 01872 487 500.

Or click below for our latest rates.

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.

For any concerns or discussions on your upcoming currency requirements, make sure to reach out to us.

To speak to a member of our team, call us on 01872 487 500.

To find out our latest rates, please 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 26th November 2024 at 09:30

£1.00 GBP = 1.1960 EUR

£1.00 GBP = 1.2560 USD

£1.00 GBP = 1.9370 AUD

£1.00 GBP = 2.1510 NZD

£1.00 GBP = 1.7720 CAD

£1.00 GBP = 1.1135 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