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Mar 25

Currency Market Update - 25th March 2025

Busy Week Ahead for Pound Sterling

There are plenty of UK events coming out this week…

On Wednesday morning we have the latest inflation reading.

This will be followed by Rachel Reeves’ Spring Statement at Wednesday lunchtime, with more spending cuts expected.

Then on Friday, we have Retail Sales for February.

All big numbers, all this week.

There is also plenty of action expected for the US Dollar with consumer confidence and GDP figures due out on Wednesday and Thursday.

And as I’m sure you’ve seen in the news, all the tough talk about tariffs will keep things interesting too.

With all the uncertainty, it’s little surprise that markets are choppy right now.

That can work both ways. Risk and opportunity are close cousins.

So what next, what should you do?

As always, it’s best to keep a close eye on exchange rates so you can make the most of the opportunities.

Better still, why not get in touch with us so we can help you with your specific requirements.

To speak to our team, call 01872 487 500.

To find out our latest rates, just click below.

Get a Quick Quote

  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 25th March 2025 at 10:25

£1.00 GBP = 1.1965 EUR

£1.00 GBP = 1.2940 USD

£1.00 GBP = 2.0520 AUD

£1.00 GBP = 2.2575 NZD

£1.00 GBP = 1.8510 CAD

£1.00 GBP = 1.1425 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.

    Brexit Guide Download

  • 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.

Cle France Currency Guide link

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

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Mar 18

Currency Market Update - 18th March 2025

Bumper week: countdown to UK rate decision

Lots happening right now…

The most important are the interest rate decisions in the US and UK.

We have the US Federal Reserve on Wednesday.

Then it’s the Bank of England’s turn on Thursday.

Not only that, we also have the Bank of Japan and Swiss National Bank making rate announcements - it’s a frenzy of central bank announcements!

Currency markets are always super sensitive to rate decisions.

It’s particularly precarious right now – the economic news has been pretty weak everywhere.

This is evident by the steep fall in global stock markets.

Bear in mind, the tariff trade wars are only just beginning, and investors fear they could trigger a recession.

This is weighing heavily on the US Dollar.

GBP / USD is at a 2-month high as the Dollar crumbles.

The trend in GBP / EUR is less clear.

Over the past week, it’s been volatile, but range bound.

So what next, what should you do?

As always, it’s best to keep a close eye on exchange rates so you can make the most of the opportunities.

Better still, why not get in touch with us so we can help you with your specific requirements.

To speak to our team, call 01872 487 500.

To find out our latest rates, just click below.

Get a Quick Quote

  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 18th March 2025 at 10:30

£1.00 GBP = 1.1880 EUR

£1.00 GBP = 1.2990 USD

£1.00 GBP = 2.0385 AUD

£1.00 GBP = 2.2325 NZD

£1.00 GBP = 1.8575 CAD

£1.00 GBP = 1.1430 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.

    Brexit Guide Download

  • 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.

Cle France Currency Guide link

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

Add CommentViews: 84
Mar 5

Currency Market Update - 15th March 2025

The Pound back on the move

Lots happening right now…

At the centre of most things is Donald Trump.

Following the Trump / Zelensky meeting, the normally tight Germans are looking to spend hundreds of billions of Euros on defence and infrastructure investments.

This has given the Euro a boost with EUR/GBP sitting at 2-week highs.

The US dollar has gone the other way. Trump’s tariff talk has got investors nervous with fears it will reignite US inflation and dent economic growth.

Investors also believe the UK (and Pound) will escape any real damage from US tariffs.

As a result, GBP / USD has jumped to new highs for 2025.

Plenty ahead this week…

On Thursday we have a European rate decision.

Another cut could well happen, which may eat away at the Euros recent gains.

We also have the Bank of England’s Catherine Mann due to give a scintillating speech – investors will be listening for clues.

On Friday, there is both the latest US jobs data and a speech from the Fed Chairman himself.

So what next, what should you do?

If you’re thinking about exchanging money, please do get in touch so we can help guide you on rates and timing.

Give us a call on 01872 487 500 to discuss rates, trends and timing.

Or click below for the latest exchange rates.

Get a Quick Quote

  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 5th March 2025 at 10:25

£1.00 GBP = 1.1990 EUR

£1.00 GBP = 1.2825 USD

£1.00 GBP = 2.0430 AUD

£1.00 GBP = 2.2595 NZD

£1.00 GBP = 1.8463 CAD

£1.00 GBP = 1.1368 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.

    Brexit Guide Download

  • 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.

Cle France Currency Guide link

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

Add CommentViews: 146
Mar 4

Mardi Gras celebrations in France and yummy recipe for Crepes

On Shrove Tuesday across the UK there will be people practising their pancake tossing !

But let us learn a little of how it is celebrated in France.

Origins of Mardi Gras

Mardi Gras is a well-known event in New Orleans and in Brazil, but why is Mardi Gras celebrated in France?

Mardi Gras has a few different roots, some in Christian culture, and some in pagan culture. These days, Mardi Gras is seen as a Catholic tradition, but what people actually do on this day is quite different to what people do on other Catholic holidays. Like Christmas and Easter, Mardi Gras includes a very large meal and a gathering of friends and family, but neither Christmas nor Easter includes masks, costumes and unlimited dancing and fooling around. For this reason, Mardi Gras can be interpreted as a mix of Catholic and pagan traditions: the holiday is Catholic, and the means of celebrating it stem from local traditions.

As we know the period of Lent is the period leading up to Easter. Since the period of Lent requires Catholics to fast, or to give up certain foods if not fasting, as well as make general resolutions for oneself that require self-discipline, Mardi Gras is said to have been created for one last day of unlimited fun and eating before giving up so much during Lent. Originally, a fattened calf was slaughtered as a Mardi Gras feast; in some cultures, pancakes became a traditional Mardi Gras meal because the milk and butter had to be used up before Lent began, or thrown away.

The name Mardi Gras literally translates to Tuesday Fat (or in English: Fat Tuesday). The name comes from fattening the calf and feasting on it; Tuesday is always the day that precedes the beginning of Lent (which starts on Ash Wednesday).

While the origins of Mardi Gras in France are religious and spiritual, Mardi Gras is mainly celebrated today simply because it is fun. While many Catholics still actively observe Lent and the traditions of not indulging excessively, Mardi Gras is celebrated not only by those Catholics who are going into a period of limited indulgence, but also by the general public.

The biggest Mardi Gras celebrations in France are in Nice and in Paris. However, there are celebrations big and small all over North West France in cities, towns and villages.

So whether you observe it as a religious occasion or an excuse for a party the one thing in common is the delightful taste, when cooked correctly, of the humble Pancake or Crêpe.

Cle France Blogs

Recipe & instructions for the perfect French crêpe.

A delicious French crêpe is versatile and not only for one day a year, as we all know there is always a crêpe van at a French market and whatever your choice of topping it is a treat worth signing up for.

But a well cooked crêpe at home can add a sophisticated touch to any dinner or desert course. It may look simple, but aspiring cooks are often disappointed that their results don't turn out like the thin, delicate ones found from the van at the market or indulged in at a fancy restaurant. However, don't despair – we have the recipe and method for you to impress even the harshest of critics.

As with many things it is the technique involved that makes the difference !

So how to make the perfect French Crêpe? This crêpe recipe makes a double batch because the perfect number of eggs per batch is 1.5 and leftovers are always nice!

Instructions

Things You will Need:

  • a non-stick crêpe pan or skillet, preferably thick bottomed.
  • 3 cups milk
  • 2 cups flour
  • 2 tablespoons butter
  • 2 tsp sugar (if you want a sweet, dessert style French crêpe)
  • 3 eggs
  • butter wrapper
  • large spoon or ladle
  • plate
  • thin spatula
  • eager children, hungry neighbours or friends and family

First beat the three eggs in a small bowl. Then, whisk together the flour, milk, and eggs in a large bowl until you have no lumps. Microwave the butter in a small cup or bowl for about 20 seconds. Add a few spoonfuls of the batter to the melted butter and mix well. Then whisk the mixture into the batter. Tilt the batter against the side of the bowl to make sure all lumps are gone.

The most important step to making a French crêpe is greasing the crêpe pan. Too much butter will cause burning and not enough will cause sticking. Warm the pan slightly on the stove. Using a tiny piece of butter, grease the crêpe pan with the butter wrapper. Push down very hard so that the pan slowly absorbs the butter.

Then, heat the crêpe pan to medium heat. You might need to adjust this down slightly as you cook each French crêpe.

Once the crêpe pan is heated, hold it in your left hand (if you are left handed hold it in your right hand) off the heat. Use a large spoon or ladle to scoop out a few tablespoons of batter and pour it into the middle of the pan. Quickly, but steadily, tilt the pan to swirl the batter and coat the pan as thinly as possible and form the French crêpe.

When the edge starts to firm (don't let it get brown yet), loosen it by sliding a thin spatula underneath and around the edges. Then, here comes the fun part, flip the French crêpe over (check the ceiling height first!). Cook the other side for about 30 seconds and then lift the crêpe pan and flip the crêpe over onto the plate.

Hold the crêpe pan in your left hand (if you're right handed) off the heat for about 20-30 seconds before pouring the next one. This lets the pan cool down enough so that the batter cooks less quickly when it first hits the pan and can spread more thinly.

Bask in the glory of being the best Crêpe maker in the house and try to have some left to enjoy your own perfect French crêpe!

Blog submitted by: David at Cle France.

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

Add CommentViews: 10859
Feb 18

Currency Market Update - 18th February 2025

Pound hits new 2025 highs against Dollar

Some interesting trends for you to consider…

The GBP/USD exchange rate has jumped to new highs in 2025.

However, it’s more of a recovery given the GBP/USD rate suffered a massive sell-off that lasted 4+ months late last year.

As for GBP/EUR, that too has been heading higher.

We have noted for some time that the Pound and Euro have been in a tug of war.

For now, the Pound has swung to a 2-week high against the Euro, but given recent history there is little confidence it can sustain a rally.

This week there is plenty of upcoming news.

The big one for Pound Sterling will be Wednesday’s inflation (CPI) data.

We also have speeches from Governor Bailey and one from Donald Trump – I can guess which one will be more exciting.

There is also a raft of PMI numbers from the UK, France, Germany, and the US.

For those unfamiliar, PMIs measure the state of the manufacturing and service sectors. Sounds dull, but it moves markets.

So what next, what should you do?

If you’re thinking about exchanging money, please do get in touch so we can help guide you on rates and timing.

You can call us on 01872 487 500.

To find out our latest exchange rates, click the link below.

Learn More

  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 18th February 2025 at 10:30

£1.00 GBP = 1.2040 EUR

£1.00 GBP = 1.2595 USD

£1.00 GBP = 1.9800 AUD

£1.00 GBP = 2.2065 NZD

£1.00 GBP = 1.7875 CAD

£1.00 GBP = 1.1355 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.

    Brexit Guide Download

  • 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.

Cle France Currency Guide link

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

Add CommentViews: 232

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