Clé France

The Pound has found some support again in recent days.

It comes after an April sell-off saw the Pound fall to 2-months lows against the Euro.

For a while now, the GBP/EUR rate has reflected the ‘race of the rollout’.

Opposing forces are driving the Euro. The vaccine rollout is being ramped up, but that is being offset by the third wave of the virus.

The Pound is in a different place.

The UK has already undergone a rapid rollout, and the market now expects a swift economic recovery from here.

It means investors will increasingly be watching economic data coming out of the UK (jobs, growth, inflation etc).

That’s what investors used to do before Brexit and a global pandemic took over the market.

The risk for the Pound is whether it’s ‘priced for perfection’ and is susceptible to any setbacks – such as a rise in infections as rules are relaxed and people come out to play.

I would expect a bumpy ride ahead.

These are far from ordinary times!

If you would like some guidance on rates and timing, why not get in touch.

To speak to a trader, call 01872 487 500.

Or to find out our latest exchange rates, click below.

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: 

Thursday 22nd April 2021 at 09:50

£1.00 GBP = 1.1553 EURO

£1.00 GBP = 1.3902 USD

£1.00 GBP = 1.7950 AUD

£1.00 GBP = 1.9357 NZD

£1.00 GBP = 1.7381 CAD

£1.00 GBP = 19.8712 ZAR

• 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

It is possible to travel to and from France from the UK [and many other countries] at the moment, but to read the newspapers and watch the TV news you would not think so.

We see many a frustrated email from our clients that want to go and view properties but they think they are not allowed to travel, this is simply not the case.

You are allowed to travel, to quote the UK Governments travel advisory page it says "to carry out activities related to buying, selling, letting or renting a residential property".

It is however, as you may have thought, not as easy as it used to be, let me explain:

- 1. Permitted reasons for international travel

Read here on the UK Government website the "Reasonable excuses for travel abroad"

It is noted as follows:

Other permitted reasons

There are further reasonable excuses, for example:

- to fulfil legal obligations
- to carry out activities related to buying, selling, letting or renting a residential property
- travel in order to exercise custody rights recognised by a court decision
- order to present oneself to a judicial or administrative authority

Recommended evidence: proof of contract, court decision and proof of place of residence, order to present oneself to a judicial or administrative authority, expiring residence permit, dismissal notice, letter or appointment details from estate agent [which we can provide], relevant contract or letters detailing sales, or other appropriate documentation or other appropriate documentation.

This will remain the case after the 29th March when the current stay at home guidance ends: you will still need a travel declaration form:

- 2. Legislation – the legal requirement to carry the travel declaration form

You will need to complete the travel declaration form to leave the UK

- 3. On 11 March, the French government announced it was easing restrictions on travel from the UK. From 12 March, arrivals no longer need to justify an essential reason to enter France. This applies to all air, car, ferry and train passengers.

- 4. Arrivals from the UK will need to complete a ‘sworn statement’ (déclaration sur l’honneur) form self-certifying they are not suffering from symptoms associated with coronavirus and have not been in contact with confirmed cases in the preceding fortnight. This can be found on the French government’s website.

- 5. All travellers from the UK, including children aged 11 and above, will need to present a negative COVID-19 test result, carried out less than 72 hours before departure. Only PCR tests are accepted for passengers
- 6. Passengers arriving in France from the UK will also be required to self-isolate for seven days on arrival, before taking another PCR test. Exit from this self-isolation period is subject to a negative test result. Please find more information on how to obtain a PCR test in France here.

- 7. UK nationals returning home from France must provide evidence of a negative COVID-19 test result taken up to 3 days before departure.

- 8. You have to self quarantine for 10 days on arrival back in the UK

Blog submitted by: Sharon Evans - Founder of Cle France.

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

The Euro has finally staged a comeback.

Over the past week or so, it’s enjoyed its best run against both GBP and the Dollar so far this year.

It’s not a coincidence.

Two key pieces of news were released.

A report from the EU stated that most member states will have “sufficient vaccine supplies to immunise the majority of people by the end of June”.

What’s more, minutes from the European Central Bank’s latest meeting stated that the eurozone is recovering “faster than expected”.

Given the Euro’s poor performance in recent months, any good news is significant because of the negative expectations built into the exchange rate.

Of course, the UK and US continue apace with their vaccine rollout – but that’s effectively already baked into current rates.

Given the movements in rates over recent weeks, working with us closely can be beneficial in terms of optimising the rate you achieve.

Make sure any upcoming transactions are protected against the risks of sudden market movements.

Get in touch with us on 01872 487 500 to discuss your specifics.

Or to find out our latest rates, click below.

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 14th April 2021 at 09:30

£1.00 GBP = 1.1530 EURO

£1.00 GBP = 1.3798 USD

£1.00 GBP = 1.7964 AUD

£1.00 GBP = 1.9436 NZD

£1.00 GBP = 1.7323 CAD

£1.00 GBP = 20.0292 ZAR

• 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

A bit more volatility has crept into exchange rates lately.

Market data in the UK over the last week was a mixed bag, leading to opportunities for both buying and selling Pound Sterling at different times.

Some divergence in leading currency pairs is also developing.

Against the Euro, the Pound has the upper hand, sitting at a 1-year high.

But against the US Dollar, the Pound is losing ground, hovering near a 1-month low.

Part of our service is to monitor news and currency forecasts; where risks or opportunities could arise.

Together we can discuss a plan and find a solution to suit your situation.

You can speak to a trader by calling 01872 487 500.

To find out our latest rates on the currency you need, just click below.

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 31st March 2021 at 09:30

£1.00 GBP = 1.1721 EURO

£1.00 GBP = 1.3766 USD

£1.00 GBP = 1.8071 AUD

£1.00 GBP = 1.9677 NZD

£1.00 GBP = 1.7336 CAD

£1.00 GBP = 20.3991 ZAR

• 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

After a miraculous run, the Pound has lost some of its lustre.

Against the US Dollar, GBP sits at a 6-week low.

Against the Euro, GBP is near a 3-week low.

Why?

Well, firstly, the Pound has had a strong run, so was vulnerable to profit-taking.

Secondly, the recent news has not helped the Pound.

In the US, a whopping $1.9 trillion stimulus package is about to unleashed, which is seen as good for the Dollar.

In the EU, there’s talk about banning vaccine exports to Britain – good for the Euro, bad for the Pound.

The UK still has a sizeable advantage in terms of its vaccine roll-out, so the current downturn in Sterling could well prove short-lived.

It is, however, a sharp reminder of how quickly currency trends and sentiment can change course.

We note the ‘net long’ (bullish) position in Sterling futures has shrunk considerably in the past 2 weeks. In other words, investors are getting nervous.

It’s why we are always looking to take advantage of favourable moves while keeping an eye on upcoming risks.

If you would like to discuss your upcoming money transfer, please get in touch with our team on 01872 487 500.

To find out our latest rates, click below.

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 24th March 2021 at 09:45

£1.00 GBP = 1.1588 EURO

£1.00 GBP = 1.3716 USD

£1.00 GBP = 1.7998 AUD

£1.00 GBP = 1.9619 NZD

£1.00 GBP = 1.7241 CAD

£1.00 GBP = 20.3051 ZAR

• 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