Tradefair & Financials
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1.25 -.1. 30 euro to the pound by the end of summer!
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Both will plummet againt other currencies but who knows which one is the worst of thses two.
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Which currencies then Harry?, and Why?
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Any currency where the country isnt facing financial problems on the scale that both the UK and several Euro countries are. Euro is hard to judge as it could strenghetn if the weakest are forced out.
The UK is easier to predict in that the deficits are unsustainable yet nobody is telling the truth or prepared to act. Look at Browns joke of halving the deficit in 5 years to only borrow 80 odd billion. It has to end in disaster. |
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Weakest forcedout??
You do love ta good conspiracy theory! |
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1 euro under 80p end of this year
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I reckon its looking like a slim Tory majority now, and once the markets get wind of this you will see a big rebound in the pound against the euro and dollar.
Ultimately the dollar, euro and pound are all pretty well doomed in the long term vs stronger currencies and gold. The exchange rate between them is pretty meaningless and only a reflection of which one bites the dust first. |
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"You do love ta good conspiracy theory!" What conspiracy theory. Its quite likely that several countries wont be able to survive permanently in the Euro.
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