Sterling briefly peaked above €1.15 in mid-November with the news that a draft Brexit deal was completed. The euro-sterling rate had dropped to €1.12 then within 48 hours.
We can expect many more ups and downs on the euro-sterling rollercoaster before things settle down. Any ‘normalisation’ of the rate will be welcomed by the mushroom industry.
Volatility though remains the main theme on the currency front, with buffeting guaranteed.
