Brexit, Could This Be the Month for a Deal?
The British pound started this week with a modest gain against the Euro and the Dollar on the view that a Brexit trade deal could be soon be delivered. All eyes are on the meeting that the EU leaders…
Mar Bonnin-Palmer
Articles by Mar Bonnin-Palmer
Currency Volatility: The Case of Andrew and Theresa
It was the 18th February 2020 and Andrew and Theresa were celebrating that after nearly 3 years searching they had finally found their dream property in France. They put an offer straight away on a rural chateau close to Poitiers…
EU based Britons to lose UK bank accounts?
A host of the UK’s major banks such as; Lloyds Banking Group (which includes Halifax and Bank of Scotland), Barclays and Coutts have notified customers that if a ‘No Deal’ ensues in the upcoming trade deal talks between the UK…
Pound-to-Euro under Brexit pressure
Last week we saw the pound fall nearly 4% against the euro. Not great news for those in the UK looking to exchange their funds into euros to pay for their dream property in France. The only thing that stopped…
Euro under pressure, an opportunity for property buyers?
The single currency has been performing very well despite the pandemic crisis, however there are some risk factors ahead that might weaken its position. So what is creating pressure for the EURO? There has been some negative development in the…
Maximise Your Budget by Using a Market Order
By law, all property transactions in France have to take place in euros – even if it happens to be a British client buying from a British seller, which we have seen many times. So if you are buying in…
Risk Is Back on the Agenda
A sudden surge in coronavirus cases in America, Europe and UK is threating the precarious balance achieved on the last months. For those thinking of buying in a different country and with a different currency this situation is really difficult.…
Secure Your Price by Fixing the Exchange Rate. Forward Contracts Explained.
Mr and Mrs Smith were looking to buy in France and they travelled to the country at the beginning of the year. They found a lovely chateau with a price tag of €400,000 in Mayenne in the North and put…
Three Tips to save Money When Sending Money Abroad
The Covid-19 pandemic has brought a great level of uncertainty and volatility to the markets. Should you have to send money abroad now more than ever it is important to look at the best way to do it. Here are…
Property Buying: Ready, Steady… Go!
With the possibility of travelling to France again, visiting trips to complete transactions or find a property are back on track. If you’ve read our previous articles you will have seen that exchange rates have been in flux during this…
Currency Buying: What Moves the Exchange Rates?
The foreign exchange market is one of the most volatile global markets. Open 24/7 exchange rates fluctuate by the second. Some movements might appear insignificant, moving from 1.1450 to 1.1430 might not pose much of a risk. But some fluctuations…
Navigate the World of Exchange Rates with This Essential Glossary
FrenchEntree and moneycorp help you understand the foreign exchange market terminology to make sure you don’t get lost in translation when it comes to exchanging your funds. FX or Forex Market- Is the term used to describe the global marketplace…
How can I make sure that the price agreed for the property I found is not affected by the exchange rate movements?
The global turmoil created by Covid19 is affecting many aspects of our lives. Some of us are unable to work, working less or from home whilst educating our children. Going to the supermarket has become a big adventure and not…
Know Your Currency Options
One of the main advantages to use a foreign exchange specialist rather than a bank is the ability to access a wide range of currency tools to help you decide the best way to buy or sell your currency.…
