EU Referendum draws closer

It will be an exceptionally busy week this week with numerous central bank decisions. Considering the EU Referendum is approaching fast, demand for property viewings in France has not slowed down, in fact it has increased?

This has even surprised us at Cle France, we thought we would be enjoying a less busy period but we have had to work harder than ever to keep up with demand.

EU referendum news likely to dominate

Also the currency exchange rate is normally impossible to predict but with the EU Referendum it has become very easy to predict, ever time the "Remain" campaign gains support the Pound gets stronger and each time the "Leave" campaign have success then the Pound weakens, simple.

A lot of potential buyers bought their currency during April and May when the rate was more in their favour but to be fair even today with the "Leave" campaign looking strong the exchange rate is very similar to what it was in February.

For British sellers in France this is a rare bit of good news, the Pound losing ground because the "Leave" campaign has had some success means it is a good time to consider a "forward contract" depending on what one thinks the EU Referendum result will be will determine the best time to exchange euros into sterling using a forward booking [find out how this works here].

Remain and Leave campaign Tug of War

The main story is the ongoing tug-of-war showdown between the Remain and Leave campaign. It has now become far too close to call with sterling seeing nearly 1.25% of weakness against the euro and US dollar since we left the offices on Friday following a ORB poll placing "Leave" comfortably ahead.

More opinion polls will be released this wee, we are now in the final full week of trade before next week's EU referendum.

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.