When is Sterling going to drop again?

[Olly]

Just got my final invoice paid in Euro...managed a big transfer at New Year at 1.03 to the Euro, then last month at 1.08 ...today it looks like 1.14 is the flavour of the day.

Is the pound going to slide back against the Euro in the next few months?

Ta for your insightful accurate predictions

[BrilloPad]

I think pound will medium term strengthen relatively : as all the other currencies weaken.

But I always get these things wrong.

[Green Mango]

Hard to say exactly as you'd have to know how much the ECB will lower it's interest rates. How much more money the BoE will print. How bad the relative news in both economies will be.

[PM-Junkie]

I think pound will medium term strengthen relatively : as all the other currencies weaken.

But I always get these things wrong.

I think you're right - but only in regards to the Euro (and possibly the dollar). I still see major problems for the Eurozone in the months ahead. Sooner or later the big boys are going to start getting royally hacked off with having to stump up for the minnows.

[PM-Junkie]

1053 posts????????? Flippin 'eck, when did that happen??

[threaded]

Just got my final invoice paid in Euro...managed a big transfer at New Year at 1.03 to the Euro, then last month at 1.08 ...today it looks like 1.14 is the flavour of the day.

Is the pound going to slide back against the Euro in the next few months?

Ta for your insightful accurate predictions

This isn't just a recession, it's more like the fall of the Roman Empire.

Gold will turn on April 19.

[Cyberman]

The pound will weaken in the future as the economic situation worsens and Labour fail to make the necessary spending cuts. We are in a bear rally at the moment and this will definitely not last.

[Brussels Slumdog]

I think you're right - but only in regards to the Euro (and possibly the dollar). I still see major problems for the Eurozone in the months ahead. Sooner or later the big boys are going to start getting royally hacked off with having to stump up for the minnows.

As a Belgian resident its a contest between UK flexiblity and continental ridgit social engineering. Which economy will recover first?
Expecting employers to continue paying high social charges in France and Belgium in the long term seems risky.
Example When M&S left Belgium a few years ago the unions created quite a political stir. I am not expecting them to reinvest.
You have to accept good times and bad times which you guys back in the UK accept. The continental guys love you when you invest in the good times but hate you when times are bad and you leave. Most Investors don't return .
I am not expecting €1.40 to £1.00 but maybe €1.25 in the medium term.

[BrilloPad]

Hard to say exactly as you'd have to know how much the ECB will lower it's interest rates. How much more money the BoE will print. How bad the relative news in both economies will be.

Indeed. I was thinking of USD and EUR.

1053 posts????????? Flippin 'eck, when did that happen??

Novice.....

[PM-Junkie]

Novice.....

I bow to thee my master

Last time I noticed it was 180-odd. Amazing how quickly the number goes up when you keep posting complete and under tripe isn't it?