Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
You show the comparison to the dollar - but relative to the pound the euro is now approaching its highest point ever, which was overvalued (and did not last long at all).

So we are not in "partially regaining its value" territory, we are in having got there and looking like it's going to keep moving.

As for our savings they are of three kinds:
-Our flat, which we cannot cash until we find a buyer (and though it is for sale, it is unlikely that it will be sold many months before we can move);
-Our ltd company, which cannot be wound up until after it ceases trading, so even if we were to find a way for my wife to charge differently after she returns from maternity leave, we could not trigger the process before December, and it takes at least 6 months;
-Our pension pots, which by law can no longer be moved to France until we reach 55, which is many (many - I insist ;-) ) years later.

So we are pretty much stuck with Sterling for the time being.

Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi

by Cyrille (cyrillev domain yahoo.fr) on Wed Aug 23rd, 2017 at 12:21:47 PM EST
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