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Pound/Euro 2019
Tredegar Boy:
Thank you all for the kind words.
Lesley:
Sorry to be daft but can anyone explain why this week the Pound to Euro rate is creeping back up again it did drop last week to around on Spot 1.07 but today it is showing 1.11 ? Just interested that's all.......
swedebasher:
It seems to go up if the stocks go down. The US stimulus sent money up recently.
geordieborn:
Swedebasher's US stimulus of $2 trillion has a lot to do with it, along with the amounts of money (small in quantity, but high in proportion) the UK throwing at Covid-19. Expect more fluctuation.
Jimbo:
That's right. It'll be interesting to see how the out-of-control situation in the USA impacts on sterling and the euro!
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