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Pound-Euro 2016

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Jimbo:
It did recover after the Bank of England discovered £250 Bln available to keep the banks aflot.

riojabear:
Just dipped under 1.20 - no sign of recovery

Jimbo:
TravelFX 1.19

It would be lower but the euro is seriously down against major currencies apart from sterling. IMX is predicting further falls. That will, inevitably, be dismissed as "scaremongering."

Welcome to this Brave New World.

rilo57:
Our financial dept was today saying pound is going to go lower and if anybody needs sterling now is the time to buy..

Tredegar Boy:
Brave New World Jumbo!? I don't see what's brave about it, common sense to me. As for the New World bit the euro was 1:107 in June 2011 1:114 in July 2013 nowt new. Since 2008 nervousness in the financial markets has become the new norm.

I think people need to calm down a bit and I don't mean you Jimbo.

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