Author Topic: Pound-Euro 2016  (Read 34460 times)

Online Jimbo

  • SanStef SUPER HERO
  • *****
  • Posts: 1988
    • View Profile
Re: Pound-Euro 2016
« Reply #180 on: March 31, 2017, 12:59:29 AM »
It's a bit better. It's been oscillating around the upper 1.13s for a while. It's still rubbish.



Offline Tredegar Boy

  • SanStef Hero
  • ****
  • Posts: 197
    • View Profile
Re: Pound-Euro 2016
« Reply #181 on: March 31, 2017, 08:49:16 PM »
Travel FX 1.1557
When God created Wales he was just showing off

Online Jimbo

  • SanStef SUPER HERO
  • *****
  • Posts: 1988
    • View Profile
Re: Pound-Euro 2016
« Reply #182 on: April 12, 2017, 03:39:37 PM »
As I write (12.38 BST 12/04/2017) TravelFX is up to 1.1627.

If you're going soon this might be a good time to buy cash.



Offline Dupnica

  • SanStef FANATIC
  • *****
  • Posts: 432
    • View Profile
Re: Pound-Euro 2016
« Reply #183 on: April 12, 2017, 06:33:55 PM »
 Been thinking about it :-\ SterlingFX is offering the same rate and you can purchase with your Debit or Credit card.

Offline Tredegar Boy

  • SanStef Hero
  • ****
  • Posts: 197
    • View Profile
Re: Pound-Euro 2016
« Reply #184 on: April 12, 2017, 08:12:30 PM »
its always a dilema. I could never play the markets me no bottle.......too conservative........to scared :'(
When God created Wales he was just showing off

Online Jimbo

  • SanStef SUPER HERO
  • *****
  • Posts: 1988
    • View Profile
Re: Pound-Euro 2016
« Reply #185 on: April 12, 2017, 08:25:15 PM »
SterlingFX is slightly lower but, of course, debit card is easier.



Offline Tredegar Boy

  • SanStef Hero
  • ****
  • Posts: 197
    • View Profile
Re: Pound-Euro 2016
« Reply #186 on: April 18, 2017, 08:18:07 PM »
1.1766 travelfx at 5.17pm 18/4

Thats the best for a while. Decisions decisions. £ at its highest since mid-December but how long can it go on going up is the question.
When God created Wales he was just showing off

Online Jimbo

  • SanStef SUPER HERO
  • *****
  • Posts: 1988
    • View Profile
Re: Pound-Euro 2016
« Reply #187 on: April 18, 2017, 08:29:06 PM »
You beat me! Just bought some.

The pound went up, the shares went down. Most commentators I've seen think this is because if Theresa May gets a big majority the influence of the Hard Brexit contingent of MPs will weaken.

It's probably going to fluctuate a lot over the next six weeks!



Offline Tredegar Boy

  • SanStef Hero
  • ****
  • Posts: 197
    • View Profile
Re: Pound-Euro 2016
« Reply #188 on: April 18, 2017, 10:55:47 PM »
Yep Jimbo and me. TravelFX 1.1806 (it was 1.1803 when I started.....weird). 1.1972 exchange rate at present. the best since 24th July 2016. wow. that's got to be a big positive at the mo. 
When God created Wales he was just showing off

Offline Dupnica

  • SanStef FANATIC
  • *****
  • Posts: 432
    • View Profile
Re: Pound-Euro 2016
« Reply #189 on: April 19, 2017, 07:05:02 PM »
 Don't expect it will reach the dizzy heights of 1.39 that we got two years ago.Those were the days!! It is creeping towards the 1.26 that we got last June.

Offline Tredegar Boy

  • SanStef Hero
  • ****
  • Posts: 197
    • View Profile
Re: Pound-Euro 2016
« Reply #190 on: April 19, 2017, 07:28:59 PM »
If it gets back upto 1.26 that will have reversed all the post brexit vote losses. Interesting that the Bundesbank have gone short on the £ as they expect it to continue to rise.
 
When God created Wales he was just showing off

Online Jimbo

  • SanStef SUPER HERO
  • *****
  • Posts: 1988
    • View Profile
Re: Pound-Euro 2016
« Reply #191 on: April 20, 2017, 09:30:54 PM »
Well, it fell back a bit again. Looks like the 1.17x level is the new norm on TravelFX.

The next major event is the French elections. First round on Sunday - but that will only be resolved on May 7. France is now as divided as we are. A victory for the extreme Right's Frexit policy will almost certainly turn the euro into rubbish.



Offline Tredegar Boy

  • SanStef Hero
  • ****
  • Posts: 197
    • View Profile
Re: Pound-Euro 2016
« Reply #192 on: April 21, 2017, 07:47:43 PM »
The thing about the French elections are that both Melenchon and le Pen have anti-establishment views on the EU with the latter wanting to leave the euro and a referendum on EU membership while the former wants to take on Germany and challenge how things are done via their monetary policy. A second round run-off between those two all bets will be off. 
When God created Wales he was just showing off

Online Jimbo

  • SanStef SUPER HERO
  • *****
  • Posts: 1988
    • View Profile
Re: Pound-Euro 2016
« Reply #193 on: April 24, 2017, 02:58:41 PM »
Those who bought last week were wise. The euro has strengthened a lot after the French vote almost ensures a victory for the pro-European Macron. The fears of Frexit seem to have been allayed, and everywhere apart from the UK the mood is (narrowly) to continue with an ever-stronger (on the world stage) EU.

So the TravelFX rate is down to 1.1634 as I write.



Offline Tredegar Boy

  • SanStef Hero
  • ****
  • Posts: 197
    • View Profile
Re: Pound-Euro 2016
« Reply #194 on: April 25, 2017, 12:37:19 AM »
They haven't had the run-off yet Jimbo but you're right the non-party Macron should win.

Next up Italy in early 2018. The 4 anti-EU parties over there account for over 50% of the vote as I type. That will be interesting especially if the ECB withdraw quantative easing as the year unfolds when the Italian banks will be in trouble. 
When God created Wales he was just showing off


 

San Stefanos

Where to eat Cafés and Bars Holiday Info Tourist info

Local Walks

Walk to Arillas Walk to AG Georgios Walk to Afionas Walk to Porto Timoni