We still await a Brexit deal that respectful of both the UK and the EU. It is in everyone's interest to split amicably.
In the meantime the UK Pound and the Euro are just bumbling along. The exchange rate has hardly changed in some months. Although it fell quite a bit following the Brexit referendum it has been around 1.14 Euros to the UK Pound for some time. It dipped to around 1.12 but seems to have climbed a bit.
Last year I was expecting the Euro to fall in value, but this does not appear to be happening any time soon. Fundamentally, I still think the Euro is under threat.
See http://www.bbc.co.uk/news/topics/cx250jmk4e7t/pound-sterling-gbp
26 May 2018
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