Pound back up around 1.20 again
Jun 1st 2010, 12:19 pm
#2
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Re: Pound back up around 1.20 again
Why and where now then????
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Jun 1st 2010, 12:25 pm
#3
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Re: Pound back up around 1.20 again
Who cares why?
Just hope it continues going up.
Bit of extra cash for a lot of retired folks. An extra G&T or two.
Pos something to do with rumours of Greece wanting to leave the euro or maybe Germany wanting to leave the euro. Who knows. Can't so anything about it so don't worry about it.
Ice in that?
Just hope it continues going up.
Bit of extra cash for a lot of retired folks. An extra G&T or two.
Pos something to do with rumours of Greece wanting to leave the euro or maybe Germany wanting to leave the euro. Who knows. Can't so anything about it so don't worry about it.
Ice in that?
Jun 1st 2010, 12:52 pm
#4
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Re: Pound back up around 1.20 again
quick quick, buy my house before it goes down again 
Jun 1st 2010, 1:01 pm
#5
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Re: Pound back up around 1.20 again
I’m an optimist, since January, 2009, I’ve had a 20% pay rise. Please don’t mention the 30% fall before that.
Jun 1st 2010, 1:39 pm
#6
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Re: Pound back up around 1.20 again
[QUOTE=billgates;8603589]Who cares why?
Just hope it continues going up.
Bit of extra cash for a lot of retired folks. An extra G&T or two.
And a bit less cash for us working folks, who still have to send money back to the UK.
Just hope it continues going up.
Bit of extra cash for a lot of retired folks. An extra G&T or two.
And a bit less cash for us working folks, who still have to send money back to the UK.
Jun 1st 2010, 2:12 pm
#7
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Re: Pound back up around 1.20 again
But the reason why matters cos it depends if its gonna continue to go up or go down again???
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Jun 1st 2010, 2:34 pm
#8
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Re: Pound back up around 1.20 again
[QUOTE=Zaragozaram;8603740]
Ha Ha, but a bit more cash for us working folks who still get paid in GBP.
You've had it good for the last couple of years with near parity between the Euro and GBP but in real terms it's meant a 30% paycut for many of us.
Can't see it lasting though. Not with the state of the UK's finances. Still, we can always dream about the good old days of 1.50€ to the pound.
You've had it good for the last couple of years with near parity between the Euro and GBP but in real terms it's meant a 30% paycut for many of us.
Can't see it lasting though. Not with the state of the UK's finances. Still, we can always dream about the good old days of 1.50€ to the pound.
Jun 1st 2010, 2:39 pm
#9
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Re: Pound back up around 1.20 again
[QUOTE=billgates;8603847]
The UKs finances arent any worse than anyone elses - including germany and france who seem to keep their problems it well hidden. At least the UK has admitted the problem and are on the way to rectifying it!!?
Jo xxx
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Jun 1st 2010, 3:00 pm
#10
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Re: Pound back up around 1.20 again
The GBP went up against the USD today - the EUR less so - the result is that the GBP went up against the EUR. It hit 1.2 today but has dropped since -probably speculators taking their profit.
What will happen - who knows - if I did I would soon be a millionaire!
The EUR is not popular at the moment for many reasons, particularly Greece and more recently the Spanish credit downgrade and Spanish banking problems.
The whole thing is so volatile you have to take the decisions to buy/sell on a daily basis. I bought Euros last week at 1.75. If it goes over 1.2 tomorrow I will buy some more. I can live very well if I can maintain a rate near 1.2 - being on a UK pension income in GBP, parity gives me nightmares!
What will happen - who knows - if I did I would soon be a millionaire!
The EUR is not popular at the moment for many reasons, particularly Greece and more recently the Spanish credit downgrade and Spanish banking problems.
The whole thing is so volatile you have to take the decisions to buy/sell on a daily basis. I bought Euros last week at 1.75. If it goes over 1.2 tomorrow I will buy some more. I can live very well if I can maintain a rate near 1.2 - being on a UK pension income in GBP, parity gives me nightmares!
Jun 1st 2010, 10:26 pm
#11
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Re: Pound back up around 1.20 again
The GBP went up against the USD today - the EUR less so - the result is that the GBP went up against the EUR. It hit 1.2 today but has dropped since -probably speculators taking their profit.
What will happen - who knows - if I did I would soon be a millionaire!
The EUR is not popular at the moment for many reasons, particularly Greece and more recently the Spanish credit downgrade and Spanish banking problems.
The whole thing is so volatile you have to take the decisions to buy/sell on a daily basis. I bought Euros last week at 1.75. If it goes over 1.2 tomorrow I will buy some more. I can live very well if I can maintain a rate near 1.2 - being on a UK pension income in GBP, parity gives me nightmares!
What will happen - who knows - if I did I would soon be a millionaire!
The EUR is not popular at the moment for many reasons, particularly Greece and more recently the Spanish credit downgrade and Spanish banking problems.
The whole thing is so volatile you have to take the decisions to buy/sell on a daily basis. I bought Euros last week at 1.75. If it goes over 1.2 tomorrow I will buy some more. I can live very well if I can maintain a rate near 1.2 - being on a UK pension income in GBP, parity gives me nightmares!
Jun 2nd 2010, 1:36 pm
#13
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Re: Pound back up around 1.20 again
The pound is still rising, and I don't know or care why.
I remember Thatcher saying, 'I like a strong pound.'
So do I.
I remember Thatcher saying, 'I like a strong pound.'
So do I.
Jun 2nd 2010, 2:19 pm
#15
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Re: Pound back up around 1.20 again
"the experts" reckon that the rise is a temporary blip sadly!! 
Jo xxx
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