Dollar hits 2-month highs against Pound & Euro

The American economy looks in good shape and inflation is falling – a nice combo.

As for the UK, there’s a lot of debate as to whether interest rates have peaked.

After the latest Monetary Policy Report Hearing there is no determined course of action for the next rate meeting and it is unsettling the Pound.

In Europe, there has been a lot of underwhelming economic news.

We would consider GBP/EUR as being range-bound at present, as opposed to having a strong underlying trend.

So what next, what should you do?

Have you read our Guide to Foreign Currency Exchange yet?

Download the Guide Here - with no obligation of course.

If you are looking to make a transfer, please get in touch so we can help you achieve the best result.

You can speak to a member of our team on 01872 487 500.

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

Benefits of using Key Currency:

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: 

Thursday 14th September 2023 at 09:45

£1.00 GBP = 1.1628 EURO

£1.00 GBP = 1.2488 USD

£1.00 GBP = 1.9413 AUD

£1.00 GBP = 2.1089 NZD

£1.00 GBP = 1.6905 CAD

• 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

Any currency requirements, please get in touch

Is the Pound headed for Table Mountain?

The Pound has had a mixed start to the week.

It’s up nicely against the Euro and Aussie but down against the Dollar.

We feel the Pound is still being supported by comments from Huw Pill, the Bank of England’s Chief Economist.

Investors are spending a lot of time fretting about interest rate expectations.

Danske Bank believes we may get a ‘Table Mountain’ approach – keeping rates high and flat for some time to come.

It all depends on whether the British economy can take the pain.

It’s two weeks until the next Bank of England meeting. Many economists believe this could be the final hike.

Meanwhile on the mainland, inflation is hotter-than-expected, with the latest readings from Spain and Germany coming in higher than expected.

The EU can expect more rate rises, which will support the Euro.

So what next, what should you do?

Any currency requirements, please get in touch so we can be on the look-out for you.

To speak to a member of our team, call us on 01872 487 500.

To find out our latest exchange rates, click below.

Benefits of using Key Currency:

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 6th September 2023 at 12:00

£1.00 GBP = 1.1685 EURO

£1.00 GBP = 1.2552 USD

£1.00 GBP = 1.9630 AUD

£1.00 GBP = 2.1293 NZD

£1.00 GBP = 1.7125 CAD

• 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