Pound has Sudden Drop in Value

Weekend opinion poll weighs on sterling

Monday 6th June at 09:45 - £1.00 GBP = 1.2725 EUR

A weekend opinion poll placing the 'Leave' campaign ahead of 'Remain' has dramatically effected Sterling.

EU Referendum campaigning is now at its most intense with many scheduled debates and speeches lined up over the next couple of weeks. The response in the Currency Exchange market is as expected, sterling has dropped lower, circa 0.50% across the board.

Further opinion polls are scheduled to be released in the coming days, speak to our currency dealer to plan ahead and mitigate the high levels of risk lying ahead in this uncertain period.

Ben Amrany from FC Exchange follow this link or phone and ask for Ben and quote "Cle France" on 020 7989 0000.

Focus on Yellen speech today

Today's focus is firmly on a speech from the head of the Federal Reserve, Janet Yellen at the World Affairs Council of Philadelphia.

Focusing on the US economic outlook and monetary policy, following last week's terrible jobs number (38K v 164K) which condemned the Dollar to heavy losses, a huge amount of attention will be paid to Yellen's tone and insight toward their next rate hike.

Do you want more information ?

So if you need to buy or sell sterling and would like to be kept up to date with all the latest data releases and exchange rate movements then feel free to contact myself Ben Amrany. If you are buying or selling a house in France we will make sure your monies are in the right place at the right time, we work hand in hand with you and Cle France.

For more information on the currency service I can provide please feel free to contact myself...

Ben Amrany from FC Exchange follow this link or phone and ask for myself and quote "Cle France" on 020 7989 0000.

You may contact me directly using this form (click here) with your requirement and I will explain the options that are available to you in getting the best exchange rate.