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Forum: Spain

Aug 14th 2017, 10:45 pm

Replies: 71

Euro pound parity

Views: 5,729

Posted By amideislas

Re: Euro pound parity

It's documented fact. But ignoring reality is Brexit's legacy, so it's no surprise that you'd feel that way.

Welcome to reality. Enjoy your stay.

Forum: Spain

Aug 14th 2017, 4:20 pm

Replies: 71

Euro pound parity

Views: 5,729

Posted By amideislas

Re: Euro pound parity

Erm, there's virtually no "good" that comes from Brexit. Everybody loses. Especially Britain.

But one (arguably) good thing is, that the EU has had its own period of soul searching, and has been...

Forum: Spain

Aug 13th 2017, 4:21 am

Replies: 71

Euro pound parity

Views: 5,729

Posted By amideislas

Re: Euro pound parity

It sounds suspiciously like the spoiled child who accuses Mama of unfair punishment for refusing to give him a bag of candy.

Forum: Spain

Aug 11th 2017, 2:48 pm

Replies: 71

Euro pound parity

Views: 5,729

Posted By amideislas

Re: Euro pound parity

Well, they said the weakness in the pound would boost exports, but they're falling again (http://www.telegraph.co.uk/business/2017/08/10/uk-exports-fell-june-despite-hopes-boost-sterlings-weakness/)....

Forum: Spain

Aug 11th 2017, 9:32 am

Replies: 71

Euro pound parity

Views: 5,729

Posted By amideislas

Re: Euro pound parity

Again, it's all relative. Yes, the dollar took a recent hit due to the political situation, which makes the euro "stronger" (by comparison). Also makes the pound look stronger ... by comparison.
...

Forum: Spain

Aug 11th 2017, 4:19 am

Replies: 71

Euro pound parity

Views: 5,729

Posted By amideislas

Re: Euro pound parity

The euro isn't "strong". The pound is just weak. It's all relative.

The euro has declined against the dollar for years. I remember when it was nearly $1.40 to the dollar.

Forum: Spain

Aug 11th 2017, 1:49 am

Replies: 71

Euro pound parity

Views: 5,729

Posted By amideislas

Re: Euro pound parity

Many minor currencies are "pegged" to major currencies. The Panamanian Balboa is pegged to the US dollar, for example (1:1).

No reason why Sterling shouldn't peg to the Euro (except that those...

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