missile

I will give you 3 to 1 that will not happen

jdr

Should be closer to 20 to 1.

Rosemary

On the Siesta there is a faith healing thread, do you think that if we all held hands and used our brainpower that 1-50 is within our reach.

Graham

Mitzyboy

JDR, I'l match you 20 to one and raise to a million to one

jdr

Mmmm I might just risk a couple €`s on that.

bobd22

I'd be happy with 1.18 by September

johnnyone

We should turn in this in to a game.
What will the euro be by the end of September.

I would go for 1.25

lynnxa

I reckon the euro will be a euro

johnnyone

I think UK interest rates will rise strengthening the pound. Probably wrongly.

bobd22

That's if its not the Mark because only the Germans can afford it

lynnxa

well there is that .............


or the chinese yuan

pedropat

Well, it is what happens when you put your head above the parapet, you get snipped at : -

Johnnyone makes a good point; the BoE Committee was divided, but it is anticipated they will raise the Base Rate, next time ,depending by how much,it could cause a flow or flood of investment . That will put weight on the Pound. Then, if the Spanish politicians have been telling "Porkies" ( ask m´mate from Walthamstow, to translate ) which does become them, so they too ask for support from the European Central Bank, it could be ( to be Franc) back to the Peseta chaps & ladies?
HBG, don´t give in, we are privileged to have pray, just be stoical, if you get a reply that says, " Cheer up, things could get worse & they do" you have had your moneys worth.

So, who will keep the book on these "Eachpay Bets", I go a € Tenner for Help the Heroes -1:60 or the big P:

steviedeluxe

Why on earth do you think that? Pound Sterling (or Euros) are only worth what the market decides. Put it another way, do you think a British bar tender or bus driver should be paid one and a half times what the German or Spanish or French equivalent gets, by right?

I've seen gloomy reports stating that as North Sea oil runs out, and the QE effects become more apparent, that the pound will sink as low as 90 cents. I prefer to be more optimistic and think these things come in circles. The sentiment in the market will change and the pound will be worth 1.25 Euros next year. One can only hope...

Btw has anyone heard from that financial chap who used to post here (I think his id was beachcomber)? He seemed to have a lot of background knowledge on how the markets operated.

JLFS

Well the only way to come out on top is to play the game, transferring money everytime there is a fluctuation big enough to make it worthwile, Some toing and froing, but the rate does not have to be great to make a few bob, it just has to be better then the last transfer you did.

Same money going backward and forward, it certainly works, better than sticking it in an ISA for the rubbish interest.

missile

That would certainly earn a few bob for the currency exchange company