The Pound’s recent strength against the US Dollar has continued.

GBP/USD is sitting near 5-month highs.

It’s the result of a broad Dollar sell-off against most major currencies.

Against the Euro, the Pound has been struggling to find a clear direction.

While recent UK economic news has been more positive, there remains lingering fears about Brexit.

Talks between the UK and EU are due to resume next week.

As usual, there’s plenty of uncertainty on the horizon for Pound Sterling…

• A V-shaped recovery may take place.
• A second wave of localised lockdowns may happen.
• A vaccine may be discovered.
• Brexit talks may fail or succeed.

There are so many variables that it may simply be best to take advantage of favourable currency moves when they arise.

If you would like to speak to someone about your upcoming requirements, call us on 01872 487 500.

To find out our latest rates, please request a quote 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 12th August 2020 at 09:50

£1.00 GBP = 1.1108 EURO

£1.00 GBP = 1.3053 USD

£1.00 GBP = 1.8312 AUD

£1.00 GBP = 1.9941 NZD

£1.00 GBP = 1.7371 CAD

£1.00 GBP = 22.8460 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.

• If you are concerned about Brexit? download our "PDF Guide to Brexit" document.

  

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

How times have changed.

People are now encouraged to wear a mask into a bank!

August is up and running, and so is the Pound.

Against the US Dollar, the Pound is sitting at a 21-week high – which puts it back up to pre-Coronavirus levels.

The trend has been less clear against the Euro; however the Pound has enjoyed a mini-rally recently, with the GBP/EUR rate at 3-week highs.

There is some tepid optimism in the air.

Two-thirds of British businesses say they are now “fully operational”, which is up from half in June, according to a CBI survey.

But the risks of a second lockdown, a weak economy and stagnant Brexit negotiations make the outlook highly uncertain for Sterling.

If you would like to chat through your specific requirements, please get in touch with a member of the trading team on 01872 487 500.

They can discuss a strategy with you to take advantage of moves in your favour while minimising downside risk against any adverse market moves.

If you would like to find out current exchange rates, please request a quote 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: 

Tuesday 4th August 2020 at 11:50

£1.00 GBP = 1.1075 EURO

£1.00 GBP = 1.3044 USD

£1.00 GBP = 1.8268 AUD

£1.00 GBP = 1.9736 NZD

£1.00 GBP = 1.7465 CAD

£1.00 GBP = 20.6984 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.

• If you are concerned about Brexit? download our "PDF Guide to Brexit" document.

  

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

The Pound has struggled to gain much direction against the Euro.

In recent times, any rallies have fizzled out quickly.

But against the US Dollar, it’s been a different story.

After crashing in March, GBP has subsequently gained over 10% against USD.

Investors are in an optimistic mood about a possible vaccine and economic recovery.

It’s more hope than reality at this stage.

However, that’s the thing about currency markets: sentiment can overrule hard data (at least in the short-term).

It’s why we are always on the look-out for opportunities.

Timing can play an important role in making the most of the currency you need.

Part of our service is to track rates continuously and let you know if the rate moves in your favour.

If you would like to benefit from our expertise and insights, please get in touch.

You can find out our latest exchange rates 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 22nd July 2020 at 13:00

£1.00 GBP = 1.0965 EURO

£1.00 GBP = 1.2693 USD

£1.00 GBP = 1.7702 AUD

£1.00 GBP = 1.9010 NZD

£1.00 GBP = 1.7044 CAD

£1.00 GBP = 20.7855 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.

• If you are concerned about Brexit? download our "PDF Guide to Brexit" document.

  

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

Timing is everything right now

Over the past month exchange rates have been erratic with no lasting trends.

It’s not to say there hasn’t been any movement.

In fact, volatility has been high.

Looking at GBP to Euro, the rate has moved from July highs to July lows in just 24 hours.

The large peaks and troughs represent opportunities for both buyers and sellers.

Part of our service is to track rates continuously and let you know if the rate moves in your favour.

That way you could capture a better rate through considered timing.

One thing you can do is be ready.

As the expression goes “Luck is what happens when preparation meets opportunity.”

Why not get in touch so we can put in place a plan.

Simply request an exchange rate quote 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 15th July 2020 at 09:45

£1.00 GBP = 1.1029 EURO

£1.00 GBP = 1.2614 USD

£1.00 GBP = 1.8014 AUD

£1.00 GBP = 1.9242 NZD

£1.00 GBP = 1.7129 CAD

£1.00 GBP = 20.968 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.

• If you are concerned about Brexit? download our "PDF Guide to Brexit" document.

  

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

Travel Restrictions lifted between the UK and France

Great news…

Yesterday [10th July] the 14 Day quarantine restriction was lifted for those travelling between the UK and France.

Flights, Ferries and the Euro Tunnel to France are now operating daily.

As expected we have seen a rush of buyers booking viewing trips and properties are selling fast.

Earlier this month, Rightmove reported that UK searches for French property are 33% higher than last year.

We are seeing that sellers in France are very keen to take advantage of the extra interest and they are certainly open to offers.

Now is the time to get serious about restarting your plans, especially for retirees abroad, with the Brexit transition period ending soon.

Watch our celebratory video on our You Tube Channel here.

Here is the official statement on the UK.GOV website.

Entry rules in response to coronavirus (COVID-19)
For the purposes of setting travel rules, France has defined a European Area composed of EU countries, the UK, Andorra, Holy See, Iceland, Liechtenstein, Monaco, Norway, San Marino and Switzerland.

Entry to France
Travellers arriving in France from the UK, European Area, Australia, Canada, Georgia, Japan, Montenegro, Morocco, New Zealand, Rwanda, Serbia, South Korea, Thailand, Tunisia and Uruguay are no longer required to self-isolate, to demonstrate their travel is essential or to hold an international travel certificate.

Arrivals from countries other than those specified above will still need to complete an international travel certificate, which certifies that your journey is essential and confirms that you have not been suffering from a set of listed symptoms associated with Covid-19. This travel certificate is available on the French Ministry of the Interior’s website. You should also produce any supporting paperwork to substantiate the essential nature of your travel.

Border checks may also be in place at points on France’s land borders with Italy, Spain, Belgium and Germany.

Quarantine requirements
There is no quarantine requirement for arrivals from the UK, from the wider European Area (as defined above) and from Australia, Canada, Georgia, Japan, Montenegro, Morocco, New Zealand, Rwanda, Serbia, South Korea, Thailand, Tunisia and Uruguay. Arrivals from other countries are asked to self-isolate for 14 days on arrival in mainland France. Full details and a list of exemptions to self-quarantine in France are set out in a Ministry of Interior press statement (in French) and its translation (in English).

Travellers showing signs of a COVID-19 infection upon arrival in mainland France will have to carry out a mandatory 14 day quarantine at home or in a dedicated location indicated by the French authorities if home quarantine is not feasible.

Travel between the EU and non-European countries
The French Government has suspended travel between France and countries outside the European Area (as defined above) except for Australia, Canada, Georgia, Japan, Montenegro, Morocco, New Zealand, Rwanda, Serbia, South Korea, Thailand, Tunisia and Uruguay.

Some countries are imposing a compulsory period of quarantine for travellers from France. If you are travelling from or through France, check the situation at your destination before you travel.

You can read the full article here.

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