Pound Sterling at risk from global events

There is plenty of volatility at the moment…

But most of the movement is coming from geopolitical events, rather than market news.

Overall, this still seems to be favouring the US Dollar.

Escalating troubles in the Ukraine and Middle East are only part of the story.

There’s also growing fears around upcoming trade wars.

Trump has proposed tariff hikes for Mexico, Canada and China from day one.

Obviously, if that happens then others will follow suit.

Fortunately, we see the UK (and Pound Sterling) as one of the few currencies that may escape the damage.

UK-US trade is pretty balanced, so there is no need for tariffs (with the US anyway).

A quick update on market trends:

• GBP / USD is near its lowest level in over 6 months
• Euro / Dollar recently hit a 2-year low
• GBP / EUR has been stable for the past month

Given all the volatility of late, make sure you get in touch and we can discuss the best way to protect your currency requirements.

You can call us on 01872 487 500.

Or click below for our latest rates.

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.

For any concerns or discussions on your upcoming currency requirements, make sure to reach out to us.

To speak to a member of our team, call us on 01872 487 500.

To find out our latest rates, please click below.

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: 

Tuesday 26th November 2024 at 09:30

£1.00 GBP = 1.1960 EUR

£1.00 GBP = 1.2560 USD

£1.00 GBP = 1.9370 AUD

£1.00 GBP = 2.1510 NZD

£1.00 GBP = 1.7720 CAD

£1.00 GBP = 1.1135 CHF

• 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.

  

• 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.

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

Pound up today on UK inflation news

There is a lot going on, let's take a closer look…

The Pound has been drifting down against the Euro and US Dollar over the past week.

But today it’s attempting a comeback…

The latest UK inflation data has come in above expectations this morning.

This is good news for the Pound as UK interest rates could now remain higher for longer.

While GBP/EUR has fallen back from 2-year highs, the overall trend still looks favourable.

As for the “Trump Rally” in the US Dollar, it seems to be settling down now.

GBP/USD currently looks oversold and due a bounce.

We have a bunch of speeches from central bankers throughout the week. Investors tend to be sensitive to any change of heart.

As always, if you have any specific requirements coming up, give us a call.

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.

For any concerns or discussions on your upcoming currency requirements, make sure to reach out to us.

To speak to a member of our team, call us on 01872 487 500.

To find out our latest rates, please click below.

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 20th November 2024 at 09:24

£1.00 GBP = 1.2000 EUR

£1.00 GBP = 1.2670 USD

£1.00 GBP = 1.9445 AUD

£1.00 GBP = 2.1515 NZD

£1.00 GBP = 1.7705 CAD

£1.00 GBP = 1.1215 CHF

• 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.

  

• 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.

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

Pound to Euro hits 32-month highs

There is a lot going on, let us summarise things…

There’s been some big market moves since the US election…

GBP to EUR in particular has been very strong, touching 32-month highs only yesterday.

However, GBP to USD has headed the other way.

It’s now sitting right near 3-month lows.

Post-election, the Pound has also traded modestly down against the Aussie, Kiwi and Canadian Dollars.

As you’ve no doubt seen on the news, there is the potential for some significant changes ahead in US economic, trade and foreign policy.

While Donald Trump won’t be sworn in until Jan 20th next year, policy announcements are coming thick and fast.

The bottom line is we think there will be plenty of volatility ahead, so it’s not a time for complacency.

If you have currency requirements, please get in touch so we can discuss your plans.

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.

For any concerns or discussions on your upcoming currency requirements, make sure to reach out to us.

To speak to a member of our team, call us on 01872 487 500.

To find out our latest rates, please click below

.

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: 

Tuesday 12th November 2024 at 09:50

£1.00 GBP = 1.2075 EUR

£1.00 GBP = 1.2825 USD

£1.00 GBP = 1.9605 AUD

£1.00 GBP = 2.1575 NZD

£1.00 GBP = 1.7900 CAD

£1.00 GBP = 1.1320 CHF

• 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.

  

• 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.

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

Markets poised for Election & Rate Decisions

It’s the calm before the storm…

We have a very busy week ahead kicking off later today with the US election.

We’re not here to make political comments but it could be a volatile few days ahead.

All currencies could be affected because investors could quickly reposition themselves if there is any kind of turmoil.

On Thursday we also have interest rates decisions from the Bank of England and the US Federal Reserve.

Both meetings have the potential for rate cuts as well as revised forward guidance.

Expect the Pound and US Dollar to be lively over Thursday.

With a busy period coming up, make sure you get in touch with the Key Currency team for any specific requirements you may have.

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.

For any concerns or discussions on your upcoming currency requirements, make sure to reach out to us.

To speak to a member of our team, call us on 01872 487 500.

To find out our latest rates, please click below.

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: 

Tuesday 5th November 2024 at 12:30

£1.00 GBP = 1.1920 EURO

£1.00 GBP = 1.2990 USD

£1.00 GBP = 1.9610 AUD

£1.00 GBP = 2.1660 NZD

£1.00 GBP = 1.8035 CAD

£1.00 GBP = 1.1200 CHF

• 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.

  

• 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.

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

Join Us on our Social Media Platforms

It is a Bank Holiday Weekend in France [of sorts] so whilst most are enjoying their well earned rest and spending time with family and friends we wanted to ask a favour of you, yes that's right, you...

We want you to connect with us, subscribe, follow us, give a thumbs-up to our social media activity.

Did you know we have more than 10 times website subscribers than Facebook followers for example?

So there must be more of you out there on social media!

We share more about France and French lifestyle there, as well as property listings and how to buy and sell property.

We also try to make it fun and entertaining, so come and join us where ever you prefer.

Hope to see you soon!

Kind regards, 
Sharon & David Evans 
Founders of Cle France.