Currency Exchange Essentials
Articles about Currency
While expats are naturally concerned about their rights to continue living, working and accessing healthcare in France after Brexit, the most immediate concern for anyone living in France and receiving a UK income – such as a pension – is…
The pound took another thrashing this morning, falling to a fresh 31-year low against the US dollar. Overnight it had looked as though the heat had gone out of the bear market but that was perhaps an illusion caused by New York’s Independence Day holiday on Monday.
US employment data at the start of June well and truly torpedoed the dollar. Investors had been looking for nonfarm payrolls to have risen by 160k in May, a number which would have supported expectations of an imminent interest rate increase.
A previously bullish pound started June on the back foot, after a Daily Telegraph opinion poll revealed the Leave campaign had begun to chip away at the lead gained by their Remain rivals during a purple patch at the end of May.
There is endless speculation surrounding the potential repercussions of a Brexit, the majority focusing on the UK. But what about expats in France?
Don’t let the EU referendum ruin your dream of owning a property overseas …
Many of us moving to France area unaware at first of a variety of additional costs that we simply have not budgeted for. You can, however, manage these expenses conveniently and cost-effectively.
Buying a property in France can be an exciting venture. Deciding the region and budget, however, are not the only decisions to be made.
So, when should you buy euros? What if you buy now and the rate improves even more? What if you wait and the rate loses ground?
Deciding the right time to buy your euros can be tricky, and your decision will depend on these key factors…
Mar Bonnin-Palmer runs down the basics of planning a trip to check out likely French dream homes and explains the advantages of getting your budget sorted out beforehand