Political events dominated last year and 2020 looks no different.
We enter the new year with the threat of war in the Middle East.
If the Iranian situation gets worse, we can expect the Pound to fall against safe-haven currencies such as the US Dollar, Japanese Yen and Swiss Franc.
No doubt Brexit will be back in the news again soon – adding to GBP exchange rate volatility.
While the election result eased fears, there is still the very real prospect of a no-deal Brexit.
Boris Johnson is determined to leave the EU at the end of 2020 – with or without a trade deal.
As always, we will look to help clients take advantage of opportunities as they arise and protect the downside.
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Thanks For Reading, What Next?
Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.
Current rates:
Monday 20th January 2020 at 14:00
£1.00 GBP = 1.1733 EURO
£1.00 GBP = 1.3006 USD
£1.00 GBP = 1.8959 AUD
£1.00 GBP = 1.9710 NZD
£1.00 GBP = 1.6994 CAD
£1.00 GBP = 18.9144 ZAR
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- 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.
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