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.

Pound Alert: UK Budget tomorrow

Some big events coming up…

Tomorrow, we have the UK Budget and then, next Tuesday, the US Election.

We also have interest rate decisions from both countries in the next fortnight.

As for the imminent UK Budget, we know tax hikes are coming but it’s also been leaked the government will try to offset any drag on the economy with ‘growth projects’.

Over the pond, the US Presidential Election is less than a week away.

According to bookmakers, Trump has a 62.5% chance of winning. This has been strengthening the Dollar.

While markets have been fairly tame the last few sessions, there are still some stand-out currency trends in place.

GBP / EUR remains near 2-year highs.

GBP / USD remains near 2-month lows.

Given the significant events to come in the US and UK, it might be worth discussing your upcoming requirements with one of our in-house currency experts.

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 29th October 2024 at 09:40

£1.00 GBP = 2.0005 EURO

£1.00 GBP = 1.2985 USD

£1.00 GBP = 1.9445 AUD

£1.00 GBP = 2.1710 NZD

£1.00 GBP = 1.8020 CAD

£1.00 GBP = 1.1245 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