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Feb 5

Brexit Day done. What next for the Pound?

Brexit Day has come and gone.

Not a lot happened to rates because not a lot has actually happened.

Investors are already focusing on the next Brexit hurdle – trade talks.

It’s been a topsy turvy week so far – that’s not a technical term by the way.

Pound Sterling has been pulled in different directions.

We’ve had the PM, Boris Johnson, drag down the Pound after signalling a lack of willingness to negotiate with the EU.

However, the UK economy has been improving since the election, which is driving the Pound back up.

Where does that leave us?

The best strategy may be to take advantage of the volatility.

As part of our service, we can monitor rates for you and alert you to favourable moves.

A lot of the time, people miss the rate they want because they only find out after it’s too late.

Taking a more pro-active approach may be helpful to you.

Call us on 01872 487 500 to speak to one of our friendly traders.

To find out our latest rates, please click on the link below.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Wednesday 5th February 2020 at 11:30

£1.00 GBP = 1.1850 EURO

£1.00 GBP = 1.3058 USD

£1.00 GBP = 1.9291 AUD

£1.00 GBP = 2.0104 NZD

£1.00 GBP = 1.7331 CAD

£1.00 GBP = 19.1636 ZAR

Cle France Currency Guide link

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

Add CommentViews: 2028
Jan 31

Rate Alert: Brexit Day Brings Opportunity

It’s been an eventful few months.

We’ve had the UK election, the passing of the Brexit bill and now Brexit Day itself.

If you’ve been delaying your currency requirements, there is no time like the present.

Looking at the past couple of years, the Pound is at attractive levels.

Since the summer alone, GBP is up 11% against the Euro.

You may wish to profit from the situation while you can.

The Pound has cleared three big hurdles, but that’s now in the price.

Currency markets are expected to remain volatile.

There’s always something around the corner that will catch people by surprise. That’s the inherent nature of political and economic events.

If you would like to mitigate some of your risk and take advantage of the recent moves, please get in touch today.

To find out the latest exchange rates, simply request a quote below.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Friday 31st January 2020 at 09:30

£1.00 GBP = 1.1904 EURO

£1.00 GBP = 1.3128 USD

£1.00 GBP = 1.9625 AUD

£1.00 GBP = 2.0329 NZD

£1.00 GBP = 1.7367 CAD

£1.00 GBP = 19.4810 ZAR

Cle France Currency Guide link

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

Add CommentViews: 1802
Jan 29

Only Days until Brexit. What Next for the Pound?

After a patchy start to 2020, Pound Sterling put in a strong performance last week.

The Pound now sits just below highs for the year against the Euro.

This momentum may be at risk in the week ahead.

On Thursday, all eyes will be on the Bank of England rate decision.

Futures markets are pricing in over a 60% chance of a rate cut.

If they go ahead and cut, the Pound could go into reverse.

What Next?

It’s now only days until Brexit.

While the legal formality is priced in, there’s a lot of uncertainty around what will happen in the coming weeks and months, and is likely to trigger much volatility in Sterling.

If you’re making a transaction soon, or are worried about future rates, please do call us 01872 487 500 to get further guidance.

To find out the latest exchange rates, simply request a quote below.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Wednesday 29th January 2020 at 07:15

£1.00 GBP = 1.1820 EURO

£1.00 GBP = 1.3015 USD

£1.00 GBP = 1.9236 AUD

£1.00 GBP = 1.9922 NZD

£1.00 GBP = 1.7136 CAD

£1.00 GBP = 18.9324 ZAR

Cle France Currency Guide link

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

Add CommentViews: 2153
Jan 23

Pound breaks out to best rate of the year

A bit of good news can make all the difference…

Pound Sterling surged against all the other major currencies yesterday after the UK recorded a 6-year high in business optimism.

The knock-on effect is the Bank of England is likely to back away from any interest rate cuts – which is Pound positive.

Pound Sterling now finds itself at new highs for 2020.

It’s also a reminder that there’s more to life than Brexit.

But alas, we all know the issue of Brexit will be back in the news soon enough. And that means exchange rate volatility.

So what should You do?

If you need to buy Euros and would like to take advantage of the favourable move, consider locking-in a rate.

If you need to sell Euros at present, you need to weigh up whether you can afford for the rate to fall further.

Although the GBP/EUR rate has been higher, it’s also been a lot lower too.

Sometimes certainty is the easiest path.

Find out our latest rates of exchange below or call 01872 487 500 to speak to a currency expert.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Thursday 23rd January 2020 at 10:15

£1.00 GBP = 1.1850 EURO

£1.00 GBP = 1.3135 USD

£1.00 GBP = 1.9121 AUD

£1.00 GBP = 1.9911 NZD

£1.00 GBP = 1.7290 CAD

£1.00 GBP = 18.8411 ZAR

Cle France Currency Guide link

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

Add CommentViews: 1801
Jan 21

Why the Pound is falling in 2020

The Pound has been losing value against the Euro in 2020 so far.

There are some worrying signs ahead that are making investors nervous.

Brexit looks certain to officially take place at the end of this month. It means trade talks with the EU will begin shortly.

The Chancellor, Sajid Javid, said on the weekend that the UK would not commit to sticking to EU rules post-Brexit.

That certainly won’t help get a deal done and has brought back fears of a hard Brexit.

The UK economy is also showing signs of weakness.

It’s got to the stage where there are rumours the Bank of England may have to cut rates soon. This could exacerbate the Pound’s decline.

We expect 2020 to be another year of Pound volatility, driven largely by Brexit news.

Negotiating a trade deal with the EU is likely to be tricky, particularly seeing Boris Johnson has set a ‘fixed’ 12-month transition deadline (it’s taken 3 years to get to this point!).

The PM may also be facing another battle on the horizon…

Scottish First Minister, Nicola Sturgeon, has requested the powers to hold another Scottish independence referendum. Boris has refused, but we sense this is the beginning, not the end of that battle.

There are always risks and opportunities in currency markets. It’s important to take advantage of the favourable moves while protecting the downside.

Click here for a Quick Quote.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Tuesday 21st January 2020 at 09:15

£1.00 GBP = 1.1730 EURO

£1.00 GBP = 1.3010 USD

£1.00 GBP = 1.8986 AUD

£1.00 GBP = 1.9726 NZD

£1.00 GBP = 1.7013 CAD

£1.00 GBP = 18.9402 ZAR

Cle France Currency Guide link

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

Add CommentViews: 1941

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