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Euro/Pound Exchange Rate?
 
# 1 : Thursday 13-10-2016 @ 15:10
 
 
With the euro now selling at 90p as opposed to 76p pre Brexit, it's pretty much a good time to take advantage of the sterling slump. Plan to to any shopping/buying/travel to the North/UK and do you think it will slump more?



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# 2 : Thursday 13-10-2016 @ 15:49
 
 
Parity in 2017 ,
And they haven't even invoked art 50 yet ...

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# 3 : Thursday 13-10-2016 @ 17:40
 
 
1 euro is how much now ,
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# 4 : Thursday 13-10-2016 @ 17:43
 
 
read the first post again.
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# 5 : Friday 14-10-2016 @ 12:41
 
 
Wow it's crazy to see sterling so close to the euro. AFAIK it's only been this low once before in early 2009 and then only briefly. If I wasnt broke at the moment I'd be buying tons of stuff on Amazon.

Will be hard on exporters though. Some jobs will be at risk if it stays this way.
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# 6 : Friday 14-10-2016 @ 14:56
 
 
At this rate I can see the Euro going above Sterling next year. Bad for exporters, good for those buying in goods from the UK.

I don't think we've even begun to see the real impact of Brexit yet.
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# 7 : Friday 14-10-2016 @ 15:39
 
 
they have another agency rating coming up at the end of the month and they've no positive news , they're even looking at inflation .
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# 8 : Friday 14-10-2016 @ 17:11
 
 
I could see it hovering around parity until a Brexit deal starts taking shape then go down to about 85p to the euro. All depends on the euro zone as well.
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# 9 : Friday 14-10-2016 @ 18:02
 
 

If they take away its status as a reserve currency , which is where it falls below 3% in reserves around the world ,its only at 4.6 now , it will drop like a stone , next day.
parity will prob be before art 50
Afterwards who knows how low it can go , how much bad news is there and how many feet can the brexit cabinet get in their mouths ?
After brexit with inflation and higher borrowing and higher borrowing costs and a low rating why will sterling recover ?

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# 10 : Friday 14-10-2016 @ 19:07
 
 
One factor that reduces the chances of it being abandoned totally as a reserve currency is the size of the London financial markets and the status in the financial system of the likes of the LIBOR.
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# 11 : Friday 14-10-2016 @ 20:49
 
 
It'll affect UK tourists coming here, for a holiday and not good for us.
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# 12 : Friday 14-10-2016 @ 23:32
 
 
They have to retain the trust of the world's central banks and with only negative economic data and quantitative easing , inflation, rating downgrades , a city decamping to the eurozone and difficulty retaining fdi and no possibility of attracting it and then cabinet who send the currency careering off a cliff every time they make a speech ...
How low can their rating go ? Junk ?
How low could sterling go ?

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# 13 : Friday 14-10-2016 @ 23:42
 
 
Someone said :
It'll affect UK tourists coming here, for a holiday and not good for us.

We are an expensive holiday destination , I don't think UK tourists so affected by the currency drop would probably be coming here anyway ?
On a brighter note they will get lots more euro tourists
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# 14 : Saturday 15-10-2016 @ 08:31
 
 
Someone said :

We are an expensive holiday destination , I don't think UK tourists so affected by the currency drop would probably be coming here anyway ?
On a brighter note they will get lots more euro tourists

You say, we are expensive and then say we'll get more Euro Tourists. Please explain why?
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# 15 : Saturday 15-10-2016 @ 12:56
 
 
Someone said :

You say, we are expensive and then say we'll get more Euro Tourists. Please explain why?

the UK will get more
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