Pound up today on UK inflation news
There is a lot going on, let's take a closer look…
The Pound has been drifting down against the Euro and US Dollar over the past week.
But today it’s attempting a comeback…
The latest UK inflation data has come in above expectations this morning.
This is good news for the Pound as UK interest rates could now remain higher for longer.
While GBP/EUR has fallen back from 2-year highs, the overall trend still looks favourable.
As for the “Trump Rally” in the US Dollar, it seems to be settling down now.
GBP/USD currently looks oversold and due a bounce.
We have a bunch of speeches from central bankers throughout the week. Investors tend to be sensitive to any change of heart.
As always, if you have any specific requirements coming up, give us a call.
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 20th November 2024 at 09:24
£1.00 GBP = 1.2000 EUR
£1.00 GBP = 1.2670 USD
£1.00 GBP = 1.9445 AUD
£1.00 GBP = 2.1515 NZD
£1.00 GBP = 1.7705 CAD
£1.00 GBP = 1.1215 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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Pound to Euro hits 32-month highs
There is a lot going on, let us summarise things…
There’s been some big market moves since the US election…
GBP to EUR in particular has been very strong, touching 32-month highs only yesterday.
However, GBP to USD has headed the other way.
It’s now sitting right near 3-month lows.
Post-election, the Pound has also traded modestly down against the Aussie, Kiwi and Canadian Dollars.
As you’ve no doubt seen on the news, there is the potential for some significant changes ahead in US economic, trade and foreign policy.
While Donald Trump won’t be sworn in until Jan 20th next year, policy announcements are coming thick and fast.
The bottom line is we think there will be plenty of volatility ahead, so it’s not a time for complacency.
If you have currency requirements, please get in touch so we can discuss your plans.
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:
Tuesday 12th November 2024 at 09:50
£1.00 GBP = 1.2075 EUR
£1.00 GBP = 1.2825 USD
£1.00 GBP = 1.9605 AUD
£1.00 GBP = 2.1575 NZD
£1.00 GBP = 1.7900 CAD
£1.00 GBP = 1.1320 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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