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Pound/Euro 2019

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Tredegar Boy:
Oh for the days of the Drachma

Waspman:
Currently getting 1.165 ( from an ATM)

Jimbo:
How? The base rate is 1.1524 today (15th May) - TravelFX is 1.1389

AndrewK:
As the days edge closer to holiday time, the Brexit roulette wheel is still spinning and keeping the exchange rate low

It's all a bit chaotic as far as exchanging is concerned but one thing for sure there does not seem to be a short term solution with all the squabbles continuing

Do we go in now and exchange at around 1.14/15 or will it get higher?

Anybody got a clue?

Jimbo:
If anybody had a clue we wouldn't be in this situation! Uncertainty is the driving force. That's pretty certain to continue into June at least. So I think it's a matter of when people are going.

The pound dropped because of nil progress in the Lab/Con talks. There doesn't seem much chance of that changing, and when Mrs May tries to get her deal through parliament again in June she'll still be hostage to the right-wing of her party and the DUP, so I'm not rushing down the betting shop to stick any money on it passing.

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