Euro / Pound currency prediction thread

[SunnySpain]

Hi there,

I was wondering if anyone had any thoughts on the future currency exchange between the Euro and the pound.

For quite some time now the Euro has got stronger against the pound, resulting in many expats struggling financially, if not returning to good old blighty.

If its 126 Euros to the pound today, whats do you think the exchange rate will be come January 2009 ?

My hunch is that the Euro is about to lose significant value 140/pound

[Pasanada]

Who knows, Sunny; but it's time the UK considered joining the Euro instead of pussy footing around! We're either Europe, or not!

[littleredrooster]

Thats the 64000 euro question but the latest figures coming out of the UK seem to suggest it is heading more rapidly into recession than prevously expected.
Could be interesting to watch the dollar,especially when the US election is sorted.
Also when recovery eventually begins, it usually starts with the dollar.

[jojo]

Originally Posted by SunnySpain

My hunch is that the Euro is about to lose significant value 140/pound

Why do you think that????

I personally wouldnt want to predict anything right now, I'd like to see the pound gain against the euro, but thats cos we're paid in sterling - wishful thinking!!??

Jo

[Pasanada]

As the saying goes, "When America sneezes, the rest of the world catches a cold" Has anyone thought of sending over a batch of lempsip to the Americans? LOL

[jojo]

Originally Posted by Pasanada

As the saying goes, "When America sneezes, the rest of the world catches a cold" Has anyone thought of sending over a batch of lempsip to the Americans? LOL

I'm no polital animal, but I get the feeling that America is finally starting to lose its self appointed "superpower" title, So maybe when it sneezes the rest of the world will just say "bless you!" and not get the cold this time!

Jo

[dizzy]

I am with Jojo, I am not a political animal either - however I think it will be some time before America believes that they are not the superpower even if the rest of the world knows it to be true. Unfortunately, I think we are all going to continue to feel the cold and flu symptoms of the US for some time yet. All we can do is remember that this is a global thing and that it is a part of the natural cycle. Nothing much we can do about it otherthan to watch our pennies and let our pounds/dollars/euros take care of themselves so to speak.

[Pasanada]

I am a political animal, polictics have played some part in my professional life; don't believe the Americans are losing their power, a lot of stuff goes on thats not reported/does not "officially" exist.....lets just leave it at that.

[markjd]

its all well and good saying join the euro pasanada but if you were living in the UK would you be happy for jumped up power crazy idiots forcing there policies on you, its bad enough with the government here already, brussels has so many dictators as it is. although i will be in Spain shortly i will still run a UK limited company and if brussels gets there hands on things we will be worse off.
I was born on a council estate and have worked my business up from nothing, i think the more interference we get from Europe we will end up with higher taxes and contributing more to the lazy who can't be botherted to work and the less well off.
i don't see why if i am succesful i have to share my proffit with the rest, i am all for staying away from the dictators of power crazy Brusselsx

[owdoggy]

Originally Posted by markjd

its all well and good saying join the euro pasanada but if you were living in the UK would you be happy for jumped up power crazy idiots forcing there policies on you, its bad enough with the government here already, brussels has so many dictators as it is. although i will be in Spain shortly i will still run a UK limited company and if brussels gets there hands on things we will be worse off.
I was born on a council estate and have worked my business up from nothing, i think the more interference we get from Europe we will end up with higher taxes and contributing more to the lazy who can't be botherted to work and the less well off.
i don't see why if i am succesful i have to share my proffit with the rest, i am all for staying away from the dictators of power crazy Brusselsx

Ooh! A couple of worm cans well & truly opened there. Howay markjd, don't beat around the bush ............. tell us what you really think


Doggy (Donning tin hat & flak jacket as we speak)