As I write this, the UK pound is close to its worst exchange rate in the last 12 months against the Euro at 1.096 Euros to the UK Pound. Instinctively, this "feels" wrong. Maybe the Euro is stronger than it was, but this feels untrue. Surely the Euro still has all its inherent issues that have not suddenly gone away? No, I think this is a blip. Time will tell.
UPDATE 1525z: My personal view is the UK pound will rise in value against the euro. As I have said very many times, I am no expert and time may prove me totally wrong! My prediction was this would happen before the end of the year.
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1 comment:
What do you expect our Tory gov has no real working plan to get out of Europe?
It's just a complete mess!
73 Steve
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