Falling steadily? I transferred money before Brexit at 1,40. Then more at 1,14. Now it's 1,07. that is in just over 1 year and, significantly, since the Brexit cock up.
Do they? Do you know that we will ever get out of this low point? If so when?
The bond prices reflect the amount of risk involved. This tells me a lot about Greece, but not everything I need to know about the EU. Apart from maybe that there benefits to the ECB low interest policy. Many municipalities here have reduced their debts and expenditure on debts which means money can be freed up for other things. Despite the low interest rates, the Euro is still gaining on the pound. Why do think this is happening- as someone who understands currency markets?