Should I buy euros now or will the pound get even stronger in 2016?
The pound hasn't been this strong against the euro since 2008. Is this as good as it gets? We ask leading thinkers in the world of finance Skiers and owners of holiday homes in Europe want to know what the future holds for the euro exchange rate By Richard Evans 05 Dec 2015 As thoughts turn to skiing trips or visits to holiday homes in Europe or further afield, it’s time to ask whether now is the best time to buy foreign currency. In recent years the foreign exchange markets have been very volatile, with the pound appreciating dramatically against the euro but losing some of its value against the dollar. These moves are being driven by strong forces at work in the global economy. The key global trading blocs are all at different stages of their recovery from the financial crisis. As a result, they have different plans for interest rates, and other tools of economic control such as “quantitative easing”, also known as QE or s...