UK Pound v's Euro
#137
Forum Regular
Joined: Jun 2008
Location: Silver Coast
Posts: 299
Re: UK Pound v's Euro
I think they need a 2.5% cut. Instead, they'll go for 0.5%.
That's one good reason for the UK to keep the pound.
That's one good reason for the UK to keep the pound.
#138
Forum Regular
Joined: Mar 2007
Posts: 171
Re: UK Pound v's Euro
The other good reason to keep the pound is so that we remain independant and not just a part of a large wobbly financial mass. At least then...when we cockup its our cockup and not shared
#141
BE Enthusiast
Joined: Mar 2007
Location: Currently in Somerset
Posts: 545
Re: UK Pound v's Euro
Very volatile at present.
Likely to be so for quite a while I guess.
Likely to be so for quite a while I guess.
#142
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Thread Starter
Joined: Sep 2007
Location: Woodbridge (x Tavira)
Posts: 817
Re: UK Pound v's Euro
The euro rate has gone down 0.5%
Joao
Joao
#145
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Joined: Feb 2008
Location: Praia da Luz
Posts: 1,509
Re: UK Pound v's Euro
Hmm don't wish to put a jinx on things but the pound has been very steady for a couple of weeks and now the rate is creeping up, not much but slowly so this should surely be positive...keeping everything crossed it goes up to over 1.2!!!
G
G
#146
Re: UK Pound v's Euro
#147
Forum Regular
Joined: Jul 2008
Posts: 293
Re: UK Pound v's Euro
its the market realisation that europe is suffering , eastern europe with imf , eire , spains unemployment etc.
I might want to convert 100k sterling from uk savings and stick it in a high interest account if it gets there....anyone know what is a good interest rate just now?
I might want to convert 100k sterling from uk savings and stick it in a high interest account if it gets there....anyone know what is a good interest rate just now?
#148
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Joined: Feb 2008
Location: Praia da Luz
Posts: 1,509
Re: UK Pound v's Euro
Yes me too, if it's a good rate better for it to be there than here (UK)
Wow if you look over the past year on the chart, it could only take 3 months or so to get back up to 1.28 (if it follows a nice symmetrical pattern! LOL) here's me dreaming of my plot of land, blimey if it went up that much I could afford to buy it and start building...
G
Wow if you look over the past year on the chart, it could only take 3 months or so to get back up to 1.28 (if it follows a nice symmetrical pattern! LOL) here's me dreaming of my plot of land, blimey if it went up that much I could afford to buy it and start building...
G
Last edited by Supremegermalene; Apr 15th 2009 at 11:41 am.
#149
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Joined: Feb 2008
Location: Praia da Luz
Posts: 1,509
Re: UK Pound v's Euro
Had a look at some long term forecasts though, and if these people are close then by September when we move it should go over 1.2 again. Here's hoping!
If only I'd moved in Feb 2007 like my mate did, she got 1.47 to the £
#150
Forum Regular
Joined: Mar 2007
Posts: 171
Re: UK Pound v's Euro
Rate currently at 1.16...can I finally smell 1.20 coming