The Pound back on the move

Lots happening right now…

At the centre of most things is Donald Trump.

Following the Trump / Zelensky meeting, the normally tight Germans are looking to spend hundreds of billions of Euros on defence and infrastructure investments.

This has given the Euro a boost with EUR/GBP sitting at 2-week highs.

The US dollar has gone the other way. Trump’s tariff talk has got investors nervous with fears it will reignite US inflation and dent economic growth.

Investors also believe the UK (and Pound) will escape any real damage from US tariffs.

As a result, GBP / USD has jumped to new highs for 2025.

Plenty ahead this week…

On Thursday we have a European rate decision.

Another cut could well happen, which may eat away at the Euros recent gains.

We also have the Bank of England’s Catherine Mann due to give a scintillating speech – investors will be listening for clues.

On Friday, there is both the latest US jobs data and a speech from the Fed Chairman himself.

So what next, what should you do?

If you’re thinking about exchanging money, please do get in touch so we can help guide you on rates and timing.

Give us a call on 01872 487 500 to discuss rates, trends and timing.

Or click below for the latest exchange rates.

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 5th March 2025 at 10:25

£1.00 GBP = 1.1990 EUR

£1.00 GBP = 1.2825 USD

£1.00 GBP = 2.0430 AUD

£1.00 GBP = 2.2595 NZD

£1.00 GBP = 1.8463 CAD

£1.00 GBP = 1.1368 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

Pound hits new 2025 highs against Dollar

Some interesting trends for you to consider…

The GBP/USD exchange rate has jumped to new highs in 2025.

However, it’s more of a recovery given the GBP/USD rate suffered a massive sell-off that lasted 4+ months late last year.

As for GBP/EUR, that too has been heading higher.

We have noted for some time that the Pound and Euro have been in a tug of war.

For now, the Pound has swung to a 2-week high against the Euro, but given recent history there is little confidence it can sustain a rally.

This week there is plenty of upcoming news.

The big one for Pound Sterling will be Wednesday’s inflation (CPI) data.

We also have speeches from Governor Bailey and one from Donald Trump – I can guess which one will be more exciting.

There is also a raft of PMI numbers from the UK, France, Germany, and the US.

For those unfamiliar, PMIs measure the state of the manufacturing and service sectors. Sounds dull, but it moves markets.

So what next, what should you do?

If you’re thinking about exchanging money, please do get in touch so we can help guide you on rates and timing.

You can call us on 01872 487 500.

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

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: 

Tuesday 18th February 2025 at 10:30

£1.00 GBP = 1.2040 EUR

£1.00 GBP = 1.2595 USD

£1.00 GBP = 1.9800 AUD

£1.00 GBP = 2.2065 NZD

£1.00 GBP = 1.7875 CAD

£1.00 GBP = 1.1355 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