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Exchange rate looking better today anyway.

Posted: Fri Dec 13, 2019 7:45 pm
by 71 Trans Am
Euro was 1.20 to the pound when I checked earlier but no doubt it will be a three day victory dance and back down by Monday.

Re: Exchange rate looking better today anyway.

Posted: Fri Dec 13, 2019 8:47 pm
by Dominic
Not necessarily. One thing markets hate more than anything else is uncertainty. Uncertainty and Corbyn. Two things markets hate more than anything else are uncertainty and Corbyn.

Re: Exchange rate looking better today anyway.

Posted: Sat Dec 14, 2019 10:28 am
by Dominic
I don't know. As May said yesterday, a lot of the negotiations have already been done.

Re: Exchange rate looking better today anyway.

Posted: Sat Dec 14, 2019 11:56 am
by wilky
Must agree Dom Boris's deal is May's with a border in the Irish sea NI stays in the EU customs union.

Re: Exchange rate looking better today anyway.

Posted: Sat Dec 14, 2019 1:28 pm
by WHL
Austin7 wrote: Sat Dec 14, 2019 12:03 pm Can't ever see Scotland becoming independent but can see the possibility of a united Ireland in the future. Would make a lot of sense IMHO.
Im sad to say, before a unified Ireland will happen, we would see the violence of the 70s back, theres no way the Protestant paramilitary's would stand for that.

Re: Exchange rate looking better today anyway.

Posted: Sat Dec 14, 2019 6:34 pm
by Varky
HIC,
Whilst the £/€ exchange rate may have retreated, it's a darn sight better than the €1.09/£ we saw a few weeks ago. Do try to see some pluses from the present situation even though you have made it clear on many occasions that you are anti-Brexit. Even the most ardent of Remainers (Heseltine and Clarke?) have acknowledged that the matter is now decided.

Re: Exchange rate looking better today anyway.

Posted: Sat Dec 14, 2019 7:09 pm
by bromerzz
From what i can see the rate today on XE at 1.1988 is the highest sterling/euro rate since 3 Sep 2016.
I have amended the rate as I originally wrote 1.988 - wally!

Re: Exchange rate looking better today anyway.

Posted: Sat Dec 14, 2019 10:41 pm
by Kili01
I expect that exchange rates sterling v euro won’t be stable for a while. Now Brexit is being done (whether or not one wanted it) there is so much that needs to be done to prepare the country for such a speedy exit from the EU. So we’ll have to wait and see what happens.Mr Trump seems to be very impatient. I wish he would keep himself quiet!

Dee

Re: Exchange rate looking better today anyway.

Posted: Sat Dec 14, 2019 11:30 pm
by Varky
Deleted

Re: Exchange rate looking better today anyway.

Posted: Sun Dec 15, 2019 7:57 am
by bromerzz
Thanks Varky I have corrected my original which should be 1.1988 according to XE.

Re: Exchange rate looking better today anyway.

Posted: Sun Dec 15, 2019 4:44 pm
by Chaddy
Kili01 wrote: Sat Dec 14, 2019 10:41 pm I expect that exchange rates sterling v euro won’t be stable for a while. Now Brexit is being done (whether or not one wanted it) there is so much that needs to be done to prepare the country for such a speedy exit from the EU. So we’ll have to wait and see what happens.Mr Trump seems to be very impatient. I wish he would keep himself quiet!

Dee
Britain is at war :shock: and its obvious we are losing :o Would you want Mr Trump to be "quiet" or come to our rescue :lol: :lol:

Re: Exchange rate looking better today anyway.

Posted: Sun Dec 15, 2019 5:29 pm
by cyprusmax47
If the Pound stays strong in the future it will be very difficult for Britain to export its goods to third countries etc. IMO. Time will show...

Max

Re: Exchange rate looking better today anyway.

Posted: Sun Dec 15, 2019 5:49 pm
by Devil
cyprusmax47 wrote: Sun Dec 15, 2019 5:29 pm If the Pound stays strong in the future it will be very difficult for Britain to export its goods to third countries etc. IMO. Time will show...
Little chance!

Re: Exchange rate looking better today anyway.

Posted: Sun Dec 15, 2019 6:44 pm
by Kili01
No, I am uneasy about our country becoming dependent on the USA which is as a consequence of leaving the EU without a full deal including trade deals with other countries being in place.