If you are looking to buy in France you will most likely have to pay for the property in Euros. And if your funds are in a different currency, the rate at which you will exchange the funds will determine…
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…
The suspension of the AstraZeneca vaccine hit the pound at the start of last week. AztraZeneca plc is a British-Swedish multinational pharmaceutical and biotechnology company with its headquarters at the Cambridge, England. Their vaccine has led the UK vaccination programme…
The pound is standing its ground against the euro despite some signs of the UK housing market slowing down and the challenges of the months to come as the economy comes out from the longest lockdown so far. We started…
Buying a property in France can be an exciting venture. Deciding the region where you would like your French house to be located is one of the first and more challenging decisions to be made with 22 regions to choose…
The stark contrast between the UK’s inoculation programme success and that of the EU is the key driver of the currency pair and it could be a large concern for EUR sellers in the coming years. The huge difference in…
Last week presented a great opportunity for those in need to exchange pound into Euro. In fact the currency pair went above the 1.13 level and with it the best exchange rate since May 2020. Despite the lockdown, the number…
Mr and Mrs Palmer were looking to buy in France for years and they finally found a country home before Christmas in the region of Aquitaine with a price tag of €400,000. They made an offer for the asking price.…
After the Brexit deal was agreed we saw a timid rise in GBP/EUR which nearly reached 1.12 on Christmas Eve. Soon after, the rate dropped to levels of 1.10 where it has remained for most of the festive period. So…
The good news on the vaccination programme has not been enough to keep Sterling safe. A new variant of COVID 19 which is rapidly spreading through parts of the UK forced the government to cancel the initial plans for Christmas…
In the past few weeks, good news of a vaccine coupled with the expectation of an imminent BREXIT agreement saw the pound gain substantial ground against the major currencies. GBP/EUR nearly hit the 1.13 level – the best in weeks.…
The British Pound is this week’s best performing major currency. The rise has been aided by two future major events that are hugely impacting exchange rates at the moment. One is the news of a COVID -19 vaccine developed by…
Over the past year, we’ve seen huge market volatility whether it be through stalling Brexit negotiations or the ongoing pandemic that is affecting markets globally. GBP/EUR has been as high as 1.2047, and as low as 1.0608 this year, which…
The overriding focus this year has been on COVID-19 and the impact this has had across the globe. With the threat of the virus still strong and the recent announcement of further lockdowns in most European countries, including here in…
If you’ve read our previous articles you will have seen that exchange rates have been in flux during this time with political tensions, economic uncertainties and the returning talk of Brexit. If we specifically take a look at Sterling Euro,…
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…
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…
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…
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…
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…
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…
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.…
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…
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…
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…
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…
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…
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…
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.…
