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Euro Rate 2016

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Lesley:
Just checking on line see GBP to Euro rate has dropped over the past 10 days almost daily......

swedebasher:
1.2691 at Thomas Cook today, where I usually get my euros.

Lesley:
ATM here at moment 1.23 less charges so not good in comparison to 2 weeks ago.......  Is it the China Crisis?     

Jimbo:
It's because the Bank of England will not raise interest rates, amongst other things.

Tredegar Boy:
According to some expert exchange watchers who make their money betting on the rate going up or down they believe the rate for the euro in 3 to 6 months time will be between 1.42 and 1.44. Seems unlikely when the paper's are full of gloom and doom in China etc but if it can go down so quickly it can go up just the same.

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