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Old 24 November 2009, 02:31 PM
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rbaz
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Default Pound vs Euro

Are there any money experts around that have a good opinion on what the pound is expected to do against the Euro in the next few weeks/months.
Will be transferring from euro to pound so am looking for the pound at its weakest point the more I can get the more I have to spend on a new car
Its looking fairly good at the moment but it was better around Christmas last year if I remember right

Thanks
Old 24 November 2009, 03:53 PM
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r32
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Wow, could these experts also let me have next weeks lottery numbers?
Old 24 November 2009, 03:58 PM
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Gear Head
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Traditionally, there is always a 'lull' around Christmas. But, we have just gone through the worst recession this country has ever seen, so who knows mate.
Old 24 November 2009, 05:17 PM
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FlightMan
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I'll narrow it down.

One will rise against the other.

Old 24 November 2009, 05:24 PM
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I cant imagine the pound gaining ground whilst were in recession , but then again

'I knoow nothing' tm
Old 24 November 2009, 05:27 PM
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rbaz
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Originally Posted by r32
Wow, could these experts also let me have next weeks lottery numbers?
Lottery is pure chance the exchange rates aren't they are affected by many things. Very often people in the know can tell you if its about to dive or not
I have heard it is still expected to hit parity at some point
Old 24 November 2009, 07:25 PM
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hodgy0_2
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the relative values are driven by one word - Confidence

not much science in it imo
Old 24 November 2009, 09:32 PM
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UK: still in recession.
France: now OUT of recession.
Have a guess which way it's gonna go

Meanwhile, Lying Labour have told us that:
The Euro is a weak currency so we shouldn't join at £1=€1.62
The £ will rise against the € by October this year, back to £1=€1.50
(Apparently, several EC countries were going to default on their debts: never happened)

I know where I'd bet.........£1=<€1 By March next year

And do we look like a set of prize Charlies? But still, .......we have our "sovereignty" and the Queen is still on ALL our currency
Old 24 November 2009, 11:27 PM
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Jimpreza
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Originally Posted by FlightMan
I'll narrow it down.

One will rise against the other.

That's absolute nonsense. One will fall aginst the other.

Old 26 November 2009, 10:50 AM
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Leslie
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All the time they are overborrowing and printing more notes, it will continue to sink.

Les
Old 26 November 2009, 11:00 AM
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EddScott
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A mate is a bit stuck right now. He bout £9K euros when it was 1.03, but now its 92 he's going to lose a bit of cash.
Old 26 November 2009, 11:26 AM
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alcazar
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Originally Posted by Dieseldog
Silver lining time - with Sterling so 'weak', it could mean a renaissance for UK manufacturing, attracting new businesses and safeguarding jobs already here.
Yeah, right

All the manufacturing that's gone to the wall during this recession will just magically reinvent itself, buy all new machines, re-hire it's workforce, fill it's order books again............oh, wait
Old 27 November 2009, 09:51 AM
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rbaz
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Well I think I will keep hold of the Euros and hope it falls around Christmas.
Might make the difference between getting a Blob or Hawkeye if it drops a little more
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