Rate Alert: Pound surges yet again !
There’s plenty of action left in these markets…
In particular, the Pound seems determined to end the year with a bang.
This week we have seen big breakouts against AUD, CAD and NZD.
- GBP/AUD sits at 4 ½ year highs.
- GBP/CAD is up at 6 ½ highs.
- GBP/NZD is at 8 ½ highs.
While the GBP/EUR trend is a little more choppy, the rate is within touching distance of 2 ½ year highs.
What’s more the GBP/EUR rate has climbed over 5% in 2024 – a big move for a major pair.
The only weak point is GBP/USD.
It’s tumbled again due to Dollar dominance. The mighty USD is slaying all those before it.
A combination of Trump optimism and US Fed worry has the Dollar firing.
Appreciate we are heading into the festive period, but lower liquidity around Christmas can provide good market opportunities for both buyers and sellers.
Please do keep in touch with for your ongoing requirements.
So what next, what should you do?
Get ahead of the game and read our Guide to Foreign Currency Exchange.
Download the Guide Here - with no obligation of course.
We can assist you with your currency requirements, please do get in touch.
You can call us on 01872 487 500.
To learn more or find out our latest rates, click below.
- Great exchange rates
- Quick and easy transfers
- No transfer fees
- Expert help and guidance
- Authorised by the FCA
Current rates:
Thursday 19th December 2024 at 11:00
£1.00 GBP = 1.2150 EUR
£1.00 GBP = 1.2640 USD
£1.00 GBP = 2.0235 AUD
£1.00 GBP = 2.2055 NZD
£1.00 GBP = 1.8190 CAD
£1.00 GBP = 1.1325 CHF
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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
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Rate Alert: Pound surges to highest level since 2022
Despite the festive period, there’s still plenty of action…
In the last few days, the Pound has shot up against the Euro, Aussie, Kiwi and Canadian Dollars.
Pound to Euro is on the brink of its highest levels since the Brexit vote (8½ years ago).
How incredible is that.
And there’s more to come…
We have 9 of the G10 central banks with scheduled meetings in December.
Things kick off tomorrow with the European Central Bank rate decision.
Those thinking of buying Euros soon should be aware of this risk.
Next week the US Federal Reserve and the Bank of England meet on Wednesday and Thursday respectively.
Currency markets are usually highly sensitive to these events.
With the expected volatility in and around Christmas, please make sure to reach out to our team with any currency concerns.
You can call us on 01872 487 500.
To find out our latest rates, please click below.
So what next, what should you do?
Get ahead of the game and read our Guide to Foreign Currency Exchange.
Download the Guide Here - with no obligation of course.
For any concerns or discussions on your upcoming currency requirements, make sure to reach out to us.
To speak to a member of our team, call us on 01872 487 500.
To find out our latest rates, please click below.
- Great exchange rates
- Quick and easy transfers
- No transfer fees
- Expert help and guidance
- Authorised by the FCA
Current rates:
Wednesday 11th December 2024 at 11:30
£1.00 GBP = 1.2125 EUR
£1.00 GBP = 1.2720 USD
£1.00 GBP = 2.0050 AUD
£1.00 GBP = 2.2055 NZD
£1.00 GBP = 1.8045 CAD
£1.00 GBP = 1.1250 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.
-
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
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