The Euro has climbed to 6-week highs against the Pound as investors fret about Brexit.

It could be a good time to sell Euros.

Germany has confirmed it is already officially in recession.

It recorded negative growth at the end of last year, well before the Coronavirus outbreak, so has gone into this crisis on weak footing.

This is in contrast to the global financial crisis, where Germany’s strength helped pull the EU out of trouble.

It’s clear that Spain, Italy and France are desperate to salvage their tourist season as we enter the warmer months.

We expect an ongoing battle between lives and livelihoods.

This tug of war will no doubt permeate exchange rates too.

There has been a noticeable uptick in client activity in the last few weeks.

It could be that shock has subsided, and people are now getting on with their lives.

If you would like some guidance on your specific requirements, please get in touch with a member of the trading department on 01872 487 500.

To find out our latest rates, request a free 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 19th May 2020 at 11:05

£1.00 GBP = 1.1179 EURO

£1.00 GBP = 1.2239 USD

£1.00 GBP = 1.8722 AUD

£1.00 GBP = 2.0142 NZD

£1.00 GBP = 1.7062 CAD

£1.00 GBP = 22.3392 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