As always, there’s plenty happening

Euro hits 6-month highs as Dollar hits 2-month lows

Some pretty big moves of late…

The Euro has been a winner recently.

EUR/GBP briefly hit 6-month highs late last week before some profit taking kicked in.

Why? Well, that’s less clear.

You could say the Euro is the ‘least worst’ of the majors at the moment.

The UK is struggling with soft economic data and has the highest inflation of the major, developed economies. A bit of political instability isn’t helping the Pound either.

The US Dollar has lost some sparkle too.

It’s sitting around 2-month lows against the Pound.

With lower job creation and inflation in the US, markets now think the Fed will sit tight for a while.

We also note that there is a US election next year and the Fed won’t want to cause a recession (and lose their jobs).

As always, there’s plenty happening.

It’s why exchange rates rarely sit still for long.

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.

Benefits of using Key Currency:

Great exchange rates
Quick and easy transfers
No transfer fees
Expert help and guidance
Authorised by the FCA

Current rates:

Wednesday 15th November 2023 at 10:30

£1.00 GBP = 1.1486 EURO

£1.00 GBP = 1.2470 USD

£1.00 GBP = 1.9150 AUD

£1.00 GBP = 2.0648 NZD

£1.00 GBP = 1.707 CAD

£1.00 GBP = 1.1082 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

New Automatic Visa for Second Home Owners

Or at least the possibility of one!

France’s upper house of parliament has decided to approve a bill giving British second-home owners an automatic long-stay visa right without any formalities.

The bill will be debated by députés (similar to British MPs), at the Assemblée Nationale in December. It can only be finalised and approved after that process.

The idea is that British second home owners will be able to spend more than 90 days out of 180 days (currently the maximum time allowed following Brexit), in France without making a formal application for a ‘temporary long-stay visa’.

British second home owners would then be able to travel freely to and from their second home without having to complete costly and complicated forms for long stay visas.

Until the new bill is debated and finalised we don’t currently know exactly what will be required in terms of proof of ownership, or other documentations to qualify, but it is starting to sound like some good news for those with second homes in France! Watch this space…

Want to learn more about living in France Post-Brexit?

You can download our guide by clicking the button below.

Kind regards,
David Evans
Co-Founder of Cle France.

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

Property For Sale - To Suit Most Budgets

Our popular Property Guides are available for you to download, they are in plain English and ideal for people who want to Buy, Sell, Holiday and of course Living in France with Post Brexit rules, Healthcare, Currency Exchange and much more.

Whether you’re buying or selling a property abroad or paying international bills, we recommend getting a free quote from our currency desk.

Clicking on the property image or the 'Enquire Now' button is only 1-click to the full property listing on the Cle France Website.

We hope you enjoy this small selection, visit the website for our full listings.


Countryside Detached House to Renovate		Barn Conversion To Finish, Outbuildings
Priced at €33,990		Reduced from €60,000 to €55,000
Region: Lower Normandy Countryside		Region: Poitou Charentes


House to Renovate in Rural Village		Ideal Holiday Home in Rural Village
Reduced from €39,200 to €35,700		Priced at €49,000
Region: Mayenne in Pays de la Loire		Region: Lower Normandy


Stone Cottage, Superb Holiday Home		Detached Country House with Open Views
Priced at €65,500		Priced at €76,000
Region: Brittany		Region: Lower Normandy


Beautiful Country House With Land of One Hectare	Charming Large Rural Cottage with Garden	Detached Country House with Outbuilding
Reduced to €112,900	Reduced to €101,175	Priced at €109,000
Region: Poitou Charentes	Region: Brittany	Region: Lower Normandy


Farmhouse, Guest Gite and Outbuildings	Detached House with Garden	Stunning Manor House in Landscaped Grounds
Priced at €220,500	Priced at €134,000	Priced at €588,500
Region: Cotes d'Armor	Region: Brittany	Region: Lower Normandy


Country House with Four Guest Gites and Pool	Visit Private Sales Direct Website	Detached Country House with Swimming Pool
Priced at €357,000	Buy Direct from the Vendor	Priced at €205,000
Region: Charente Maritime	Private Sellers in France and the rest of World	Region: Loiret in Centre

Want 'SPECIFIC TO YOU' property updates - OPEN AN ACCOUNT TODAY

Our Newsletters are varied in Region, Budget and general news so over time there is something for everyone.

To create a 'specific to YOU' property search and alert then the best thing to do is go to the website and set up your personal Cle France Account it is free and easy of course!

You will be able to Save Individual Properties and Searches on the website. Any updates to those properties and searches will be emailed to you on a regular basis.

Open a Cle France Account in less than 1 minute today.


Visit Cle France Website	Request a Mortgage Quote	Currency Exchange Service

Big Thank You to all who joined us recently on our social media platforms, if you haven't yet then come and say Hi !

Change your subscription

Risk event for the Pound next week

Are we there yet?

Yes, is the likely answer.

We may well have reached peak interest rates after the Bank of England hit ‘pause’ last week.

The US Federal Reserve and the European Central Bank did the same (safety in numbers).

So what now?

The coming week will be less about central bank meetings and more about central banker speeches.

The question everyone is asking is whether inflation will keep falling.

The signs are good.

Andrew Bailey, the Guv at the Bank of England, expects inflation to “fall dramatically” when the next month of inflation data is released next Tuesday.

That’s a big call, he sounds mighty confident, I suspect he knows something we don’t.

Watch out for that one.

If he’s right, the Pound could cop a hammering.

The US Dollar got hit late last week on a soft jobs number because it will mean the US Fed can pause for a while.

That’s why I am nervous about the Pound.

We still see range-bound trading as the most likely scenario for now because the central banks are acting in unison.

On that basis, there will still be plenty of opportunities to take advantage of the inevitable ups and downs that occur in currency markets.