Clé France

Today's Currency Market Focus Includes:

GBP: It’s officially a mess
EUR: Pick your poison 
USD: Fed up

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GBP: It’s officially a mess

Let’s cut to it – no one knows what is going to happen next with Brexit.

There are so many possibilities that it is impossible to predict what’s around the corner. And as we’ve been saying for a while – the Pound remains hostage to Brexit.

Before the mid-Jan vote, the PM is looking to get “assurances” from the EU to help convince UK Parliament to back her deal. We doubt some assurances will make much difference. The more persuasive argument is simply the threat of a no-deal Brexit – which analysts think could trigger over a 10% fall in the Pound.

The Pound is looking increasingly fragile as the Brexit deadline approaches.

EUR: Pick your poison

The Euro is facing battles on several fronts. The upheaval in France combined with weakening Eurozone data and cautious comments from the ECB are all placing downward pressure on the Euro.

It wasn’t long ago that the Eurozone economy looked to be in firmly in recovery mode but with German growth slumping to a 4-year low, things don’t look good heading into the new year.

USD: Fed up

All eyes will be on the Fed’s December rate meeting tonight.

The odds of another hike stand at 69%. President Trump isn’t happy about it. He warned the Fed not to “make yet another mistake”.

Even though the Fed may go ahead anyway, some analysts think they will soften their tone on the outlook for 2019 – which could be Dollar negative.

We are staying open as normal throughout the Christmas period, except the public holidays.

If you need any personal guidance, a quick quote or need to trade, it is not too late.

We are open all this week!

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 19th December 2018 at 11:00

£1.00 GBP = 1.1090 EURO

£1.00 GBP = 1.2350 USD

£1.00 GBP = 1.7577 AUD

£1.00 GBP = 1.8446 NZD

£1.00 GBP = 1.7035 CAD

£1.00 GBP = 18.0856 ZAR

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.
• Download our "Buying A Property in France" Guide PDF document.
• Concerned about Brexit? download our "Buyers Guide to Brexit" PDF document.

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

Hi Sharon,

We are slowly settling in to French life in our fab new French property found via Cle France network and your agent in France could not have been more helpful.

Not only did he show us the property and was happy to take us back for a second viewing, he also has supported us through the whole buying process, being there at the Notaire’s, sorting out the change over of electricity and water, including setting up DDs for us - we couldn’t have done it comparatively stress-free without his help and support. He has even helped us out after we moved in when telephone French and SMEP proved a step too far for me!!

So thank you so much for making it happen for us - buying a property which is so different from what you’re used to is never going to be ‘the dream’ straight away - we are realists! but we are getting closer to it on a daily basis!

Thank you again for your fab network.

Best wishes, Fran and Nigel Bennett.

Psst - Have you seen our new "Meet the Team" page?

Buying a Chateau, Manor House, Farmhouse, Cottage, Holiday Home, Lake or just a Plot of land in France is easy with Cle France, You can do the same, it is easy for you because WE guide YOU through the French Property Buying Process from the very start to completion and beyond!

And as several of our clients say "Follow your heart and make the move"!

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

Good Afternoon Sharon,

We have had a fabulous experience with Cle France, your estate agent was fabulous and the whole process was surprisingly stress free.

Thank you again to all involved.

Regards, 
Nic McGow

Psst - Have you seen our new "Meet the Team" page?

Buying a Chateau, Manor House, Farmhouse, Cottage, Holiday Home, Lake or just a Plot of land in France is easy with Cle France, You can do the same, it is easy for you because WE guide YOU through the French Property Buying Process from the very start to completion and beyond!

And as several of our clients say "Follow your heart and make the move"!

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

Hi Cle France,

Thank you, it’s nice to get a speedy reply for a change,

Dave.

Not the longest client testimonial but I thought an interesting one, we often see criticism of 'French agents" taking a long time to reply to emails or phone calls etc. we see many comments on social media saying this, we at Cle France pride ourselves on a speedy response to emails and phone messages to make sure our clients can organise their ferry crossings or flights etc.

Having said that, UK Office hours are a lot longer than the 'French' working week and some may say if you want to live in France then you may have to get used to having a slower responses and a slower pace of life but then again; that is why many of us want to live there!

Psst - Have you seen our new "Meet the Team" page?

Buying a Chateau, Manor House, Farmhouse, Cottage, Holiday Home, Lake or just a Plot of land in France is easy with Cle France, You can do the same, it is easy for you because WE guide YOU through the French Property Buying Process from the very start to completion and beyond!

And as several of our clients say "Follow your heart and make the move"!

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

Hi Sharon,

We were extremely pleased with the service from both yourself and particularly the agent who's help was above and beyond expectations.

With kind regards, Steve.

Psst - Have you seen our new "Meet the Team" page?

Buying a Chateau, Manor House, Farmhouse, Cottage, Holiday Home, Lake or just a Plot of land in France is easy with Cle France, You can do the same, it is easy for you because WE guide YOU through the French Property Buying Process from the very start to completion and beyond!

And as several of our clients say "Follow your heart and make the move"!

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