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The French Property Network

Oct 20

Saints Days in France

Everyone knows a few but each day has a Saint and some have more than one!

After our article on St Valentines Day we thought we would take a deeper look at Saints Days in France. St Valentines Day may be the best example of where commercialism takes over what were once serious religious traditions and turns them into money-spinning opportunities. The French practice of celebrating one's "saint's day" is no exception although it is becoming less common, as people have more choice in naming their children.

The Catholic church once dictated the country's customs and this is where the tradition originated, even so far as providing a catalogue of acceptable Christian names. Of course, this practice was not restricted to France, but was common in all catholic countries. However, France is one country where the celebration of one's saint's day still persists albeit it is in decline.

In the past a French child would be given the name of the saint on whose day their own birth fell. Of course, people want not only originality but choice and so it became more common for the saint's name to be given as a second or middle name. This meant that a child would have two special days to celebrate where previously it would have been only one. 

Over the years, the tradition has evolved in France, as in most other European Catholic countries, for people to have a "name day" as well as a birthday. So for example, if you were born on July 29th which is St. Marthe's Day, but your parents hated the name Marthe or Martha and preferred to call you Terese, you would still obviously celebrate your birthday on July 29th, but your "name day" would be on August 9th, which is St. Terese's Day.

Almost every day in the calendar has a saint's name assigned to it, some have more than one (January 6 having five), so parents with a child born on January 6th could not really complain about a lack of choice compared to other days! These "saint's days" are still celebrated but are usually more low key than actual birthdays.

It's not only individuals who celebrate a saint's day. Towns and villages usually have a dedicated saint and special events are held in commemoration each year, while certain professions are linked to a particular saint and those working in that industry may mark that day in some way. Quite often the Bar in a small village will be named after the saint adopted it "Bar Saint Medard" (June 8th is Saint Medard Day) and either on that day or the following weekend the village will hold an annual Fete with celebrations running 48 hrs over the weekend.

In essence nowadays, when people are generally less religious than before, the "name day" tradition is just a nice excuse to have another day for gifts and fun, and has no more relevance than that. In France, they are not usually big gifts, more flowers or chocolates as a token. So next time you are due to go on a property viewing trip to France, check with the Catholic Calendar and see whether your name coincides with a Saints' name day during your trip. It will be another chance to celebrate especially if you find your dream home as well!

Blog submitted by: David at Cle France.

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Oct 19

Currency Market Update - 19th October 2023

What’s really driving the British Pound right now

Some pretty clear trends have emerged in the past few sessions.

The Pound is clearly down against the Euro and US Dollar, but clearly up against the Australian, Canadian and New Zealand Dollars.

The explanation to that mystery lies in the pecking order of currencies.

When geopolitical risks rise (code for war), the big money (think billions) moves away from some currencies and into others.

The US Dollar tends to be a big beneficiary – it’s the world’s reserve currency. The Euro (despite being only 24 years old) is also considered a solid bet.

We’ll call the Pound a ‘mid-table’ currency among the heavyweights and the more commodity-driven, British colony currencies (AUD, CAD and NZD) are highly sensitive to sentiment (they get dumped).

You could say that knee-jerk response to troubled times is unfair and even outdated, but it still seems to go on.

Basically, market reactions can become self-fulfilling. If enough people believe something is going to happen, then it will.

As always, there’s plenty of data coming out.

We note UK inflation came in higher than expected this week and futures markets indicate there is around a 50% chance of another rate hike before the end of 2023.

That should give the Pound some support when the war drums quieten down.

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.

If you have any currency requirements, please do get in touch.

You can call us on 01872 487 500.

To find out the latest rates and get ahead of the pack, register with us by clicking below.

Get a Quick Quote

Benefits of using Key Currency:

  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: 

Wednesday 19th October 2023 at 10:00

£1.00 GBP = 1.1486 EURO

£1.00 GBP = 1.2105 USD

£1.00 GBP = 1.9197 AUD

£1.00 GBP = 2.0789 NZD

£1.00 GBP = 1.6624 CAD

  • 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.

    Brexit Guide Download

  • 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.

Cle France Currency Guide link

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

Add CommentViews: 688
Oct 12

Currency Market Update - 12th October 2023

Pound looking good in October, but for how long?

The Pound has formed some nice uptrends in October so far.

GBP has not only climbed against the Euro and US Dollar, but also against the Aussie and Canadian Dollars too.

I wouldn’t say it’s backed up by fundamentals.

The data out of the UK economy has been pretty mixed lately.

As you would expect, financial markets have turned their attention to the situation in Israel.

Stock markets have rallied. That might seem counter-intuitive, but it’s because investors are expecting central banks to take a more cautious view now and hit pause on interest rate hikes.

Currency markets have not reacted as strongly as you might expect.

Typically, on the outbreak of war, the US Dollar would go up due to it’s safe-haven status and Pound Sterling would weaken relatively. It hasn’t really happened so far.

It still remains a risk if the situation in the Middle East gets worse.

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.

If you are looking to sell Pounds and buy Euros or Dollars, you should bear that in mind.

Please get in touch if you have any upcoming requirements so we can keep an eye on rates for you.

You can call us on 01872 487 500.

To find out our latest rates, click below.

Get a Quick Quote

Benefits of using Key Currency:

  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: 

Wednesday 12th October 2023 at 10:10

£1.00 GBP = 1.1574 EURO

£1.00 GBP = 1.2298 USD

£1.00 GBP = 1.9181 AUD

£1.00 GBP = 2.0489 NZD

£1.00 GBP = 1.6718 CAD

  • 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.

    Brexit Guide Download

  • 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.

Cle France Currency Guide link

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

Add CommentViews: 687
Oct 4

Currency Market Update - 4th October 2023

The one Megatrend in Currency Markets

Right now there is one 'Megatrend' in currency markets…

The strength of the US Dollar.

The US Dollar has gained against the Euro for 11 weeks straight.

And against the Pound, the Dollar now sits near 7-month highs.

It’s more astonishing when you consider the US has had a lot of nasty news recently.

As always, it seems to come down to interest rates.

The US economy is proving resilient, allowing the US Federal Reserve to keep rates higher for longer.

The same can’t be said for the UK and Europe, where it’s economic eggshells.

If anything, investors are pondering whether rate cuts may be on the medium-term horizon.

It’s a balancing act for central banks – how to kill inflation without killing the economy. Ideas anyone?

So what next, what should you do?

Have you read our Guide to Foreign Currency Exchange yet?

Download the Guide Here - with no obligation of course.

If you are looking to make a transfer, the main thing is to take advantage of the opportunities and trends that arise.

Please get in touch so we can help you achieve the best result.

You can speak to a member of our team on 01872 487 500.

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

Get a Quick Quote

Benefits of using Key Currency:

  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: 

Wednesday 4th October 2023 at 11:00

£1.00 GBP = 1.1552 EURO

£1.00 GBP = 1.2132 USD

£1.00 GBP = 1.9172 AUD

£1.00 GBP = 2.0547 NZD

£1.00 GBP = 1.6614 CAD

  • 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.

    Brexit Guide Download

  • 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.

Cle France Currency Guide link

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

Add CommentViews: 758
Oct 2

MOVED IN FOR CHRISTMAS

Cle France

Still time to get moved-in for Christmas

Yes I know it is only October so apologies for using the 'C-word' when we are still 12 weeks away from December 25th.

12 weeks is just enough time to get you moved into your new house in France or spending Christmas in your new French holiday home, yes you will have to book a viewing with us very soon but once you have found the perfect house we will 'pull-out all the stops' to get you moved in for the festive season.

Cle France has a vast network of agents and houses for sale so we are sure you will have the best selection to choose from, get in touch and let us help you find the perfect French getaway for you to enjoy.

Brexit Guide Download

Blog submitted by: Alex at The French Property Network - Cle France.

 

Add CommentViews: 2681

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