Weakening sterling - a silver lining?

[Headers]

Well I’m 30 euros worse off this month than I was in Feb due to the pound slipping from the heady heights of 1.21 to 1.1602 this morning.

I suspect it will fall further as some are pressing for a big interest rate cut (if you consider .5% big). The only silver lining I can see is that my tax bill might be lower for next year!

[Liz]

Yes, I thought Fixit's UK pension looked a bit mean this month!

[MAD87]

Mine decreased by 5 yo-yos, but then I'm a female woman, as Micheál Mac Liammóir would have said.

[Hotrodder]

If I didn't need it I would leave mine in the UK and wait until someone with a better aim takes another shot at Trump to improve the exchange rate.

[MAD87]

If I didn't need it I would leave mine in the UK and wait until someone with a better aim takes another shot at Trump to improve the exchange rate.

One can only hope their shot improves (can't believe I said that!)

[widge]

Well I’m 30 euros worse off this month than I was in Feb due to the pound slipping from the heady heights of 1.21 to 1.1602 this morning.

I suspect it will fall further as some are pressing for a big interest rate cut (if you consider .5% big). The only silver lining I can see is that my tax bill might be lower for next year!

In the scheme of things it isn't that bad, when we came here in 2006, it was about 1.5€ to £1, after the financial crisis in 2008 it was almost 1 to 1, over the years it had crept most of the way back up again, then Brexit took it almost back to 1 to 1 again.

In fact the only usefull thing was a saving of a few hundred pounds on a campervan rental in the States, just in case I paid it in full on my credit card 2 days before the brexit vote, but paid it off after the vote. When the pound had dropped massively agsint the dollar

[Hotrodder]

Another failed attempt to post an image.

Had to delete. Life's too short.

[widge]

During Teresa Mays period as pm, each time she was getting closer to an agreement with the EU there was a significant rise in the value of the pound, only to be pulled down when J R Mogg and his cronies objected. From memory this happend more than once.

Whether they were valid objections or not, you cannot tell me that these objections were not timed, so certain people made a killing on the exchange rate.

[Hotrodder]

The image I was trying to post was of a statement by Senator Elisabeth Warren, calling for an investigation into whether Trump planned the whole tarrif thing to manipulate the market.