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.
- Great exchange rates
- Quick and easy transfers
- No transfer fees
- Expert help and guidance
- 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
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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
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.
- Great exchange rates
- Quick and easy transfers
- No transfer fees
- Expert help and guidance
- 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.
-
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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