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Apr 14

Pound surges over 9% since March slump

As things stand, the Pound has clawed back much of its March losses.

To recap, panic selling led to the Pound getting savagely dumped in favour of the Euro and US Dollar.

With investors now becoming more optimistic, the Pound has since lifted.

We appreciate that most of the news recently has rightly focused on the ‘health crisis’.

The ‘economic crisis’ is coming next.

Globally, there will be a recession. That’s inevitable.

The true economic impact of the coronavirus won’t be fully realised for a while yet.

Given the extremity of events, there will be further significant shocks to come in the currency markets over the coming weeks and months.

If you need to move money abroad, please get in touch with a member of the Key Currency team and they will be on hand to discuss the timing and execution of the trade with you.

Managing your currency exposure effectively now will give you one less thing to worry about down the line.

We continue to provide our usual service. Our banking and payment systems are operating as normal.

To speak to one of our traders, call us on 01872 487 500.

If you would like to find out the latest rates, simply request a quote below.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Tuesday 14th April 2020 at 10:40

£1.00 GBP = 1.1459 EURO

£1.00 GBP = 1.2538 USD

£1.00 GBP = 1.9646 AUD

£1.00 GBP = 2.0608 NZD

£1.00 GBP = 1.7439 CAD

£1.00 GBP = 22.9171 ZAR

Cle France Currency Guide link

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

Add CommentViews: 1686
Apr 8

Is the Pound running out of steam?

The Pound has recovered strongly from the mid-March collapse.

But the reasons are more fragile than fundamental.

In short, hope has had a brief victory over fear in the past fortnight.

As market sentiment has improved, the Pound has regained some of its lost ground against the Dollar and Euro.

Even so, we are probably only at the very beginning of the impact from Coronavirus, both long and short term.

With so much news coming out daily, market trends can turn in the blink of an eye.

We appreciate that many people still have currency requirements and may be looking for guidance and support.

At Key Currency, we will continue to offer our usual service.

To speak to one of our traders, call us on 01872 487 500.

We are Open as Usual

Our banking and payment systems are operating as normal.

We will also remain open over the Easter period – including Good Friday 08:30 to 17:30 and Easter Monday 08:30 to 17:30.

If you would like to find out the latest rates, simply request a quote below.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Wednesday 8th April 2020 at 10:20

£1.00 GBP = 1.1338 EURO

£1.00 GBP = 1.2322 USD

£1.00 GBP = 2.0049 AUD

£1.00 GBP = 2.0678 NZD

£1.00 GBP = 1.7289 CAD

£1.00 GBP = 22.4771 ZAR

Cle France Currency Guide link

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

Add CommentViews: 1937
Apr 6

Pound has climbed back up to 3 week highs

Pound up on reversal of panic

The Pound has climbed back up to 3-week highs against the Euro and Dollar.

It’s more a reversal of the panic selling than a shift in fundamentals.

In times of crisis, the Pound tends to get hit harder than currencies perceived to be safer, such as the US Dollar, Euro and Swiss Franc.

The recovery is far from convincing.

At present, the Pound is at the mercy of rotations between hope and fear.

One further implication of coronavirus is that it’s likely the Brexit transition period will be extended.

Both Boris Johnson and the EU’s chief negotiator, Michel Barnier, currently have coronavirus.

Without a doubt, it’s highly uncertain times for individuals and businesses.

If you have a currency requirement or are just worried about your foreign exchange exposure, please do get in touch.

We are Open as Usual

Our banking and payment systems are operating as normal.

We will also remain open over the Easter period – including Good Friday and Easter Monday.

To speak to a trader today, call 01872 487 500.

Or to find out current exchange rates, request a quote below.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Monday 6th April 2020 at 09:15

£1.00 GBP = 1.1378 EURO

£1.00 GBP = 1.2296 USD

£1.00 GBP = 2.0330 AUD

£1.00 GBP = 2.0827 NZD

£1.00 GBP = 1.7371 CAD

£1.00 GBP = 23.4738 ZAR

Cle France Currency Guide link

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

Add CommentViews: 1745
Apr 1

Pound surges but stays volatile

Currency markets continue to be highly volatile.

After hitting lows in March, Pound Sterling has jumped around 8% against the Dollar and 7% against the Euro.

The bounce has surprised the markets as the UK’s credit rating was just downgraded by the ratings agency Fitch, from AAA to AA–.

It shows that in times like these, you need to stay alert to opportunities.

If there’s a favourable rate in front of you, you can’t assume it will be there tomorrow.

The truth is you will only ever know the ‘perfect time’ to exchange your money once it’s been and gone.

How to secure peace of mind.

If you secure a rate here, it will provide you with a level of certainty, and at least it’s one worry off your mind.

Please note - we are open as usual. Our banking and payment processes are operating as normal.

Whatever your requirements please do get in touch on 01872 487 500.

To find out the latest exchange rates, request a quote below.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Wednesday 1st April 2020 at 14:20

£1.00 GBP = 1.1350 EURO

£1.00 GBP = 1.2403 USD

£1.00 GBP = 2.0454 AUD

£1.00 GBP = 2.0988 NZD

£1.00 GBP = 1.7637 CAD

£1.00 GBP = 22.1947 ZAR

Cle France Currency Guide link

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

Add CommentViews: 1984
Mar 26

Service Update and Currency News

Currency markets continue to be driven by coronavirus developments.

We are operating normally, without disruption to service and our banking and payment systems remain unaffected.

Every day it seems like we have a month’s worth of news, which is causing extraordinary volatility in exchange rates.

The Pound has been hit by a ‘flight to safety’ into US Dollars and the Euro.

It’s certainly been a good time to transfer money back to the UK, but we also have clients keen to protect their pensions, bills and other regular overseas payments from a further weakening of the Pound.

We are here to help in these unprecedented times.

There is no disruption to our service. Our banking and payment systems remain unaffected.

If you have a currency requirement or are just worried about your foreign exchange exposure, please do get in touch.

To speak to a trader, call 01872 487 500.

Or to find out current exchange rates, request a quote below.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Thursday 26th March 2020 at 15:35

£1.00 GBP = 1.0965 EURO

£1.00 GBP = 1.2077 USD

£1.00 GBP = 1.9963 AUD

£1.00 GBP = 2.0307 NZD

£1.00 GBP = 1.6931 CAD

£1.00 GBP = 20.9381 ZAR

Cle France Currency Guide link

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

Add CommentViews: 1799

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