Assumptions are dangerous things.

A lot of investors have assumed a Brexit deal will get done because it’s in everyone’s interests.

But what if this assumption is wrong?

Yesterday was the first day where the market seemed to hit the panic button.

And for good reason.

Boris Johnson declared there is a “strong possibility” of a no-deal Brexit and “now is the time” for companies and people to prepare.

The Pound suitably dropped like a stone.

Is Boris bluffing?

He’s definitely not afraid to push negotiations to the limit. It could be all part of ‘the game’.

But one things for sure: the consequences are very real.

Yesterday’s ‘correction’ could foreshadow a much bigger move in the coming weeks.

With so much at stake, it looks inevitable that we’re in for a volatile ride.

What should You do?

Whether you hold Pounds, Euros, or Dollars, you must weigh up whether you want to take the risk.

There is time to get your transaction done before Brexit should you wish to.

To lock-in a rate now, please get in touch on 01872 487 500 to discuss your situation.

Or to find out our latest rates, click on the link 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: 

Friday 11th December 2020 at 10:00

£1.00 GBP = 1.0900 EURO

£1.00 GBP = 1.3225 USD

£1.00 GBP = 1.7547 AUD

£1.00 GBP = 1.8666 NZD

£1.00 GBP = 1.6875 CAD

£1.00 GBP = 19.9735 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.

  

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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.
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• For everything you need to know about French property visit www.clefrance.co.uk