Re: Friday 11th August 2017
Posted: Fri 11 Aug, 2017 10:58 pm
This is amusing, from less than 3 months ago.
Current level v Euro: €1.10Sterling to fall to $1.20 if Corbyn wins
The pound is in for “a rough ride” if the Conservatives lose the general election, currency traders and analysts believe, after a number of strong polls for Labour sent the currency into a tumble late last week.
Sterling could fall by another 5pc on a Labour victory, forcing the currency down to $1.20 against the dollar. The pound has not been below this level for a prolonged period at any time since the 1980s.
Against the euro the pound could fall to as low as €1.08 to $1.09, a level not seen since the depths of the financial crisis. http://www.telegraph.co.uk/business/201 ... rbyn-wins/" onclick="window.open(this.href);return false;