Euro etc pound walloping

**milanbenes** · 24 March 2011, 15:58

Originally posted by scooterscot View Post

Is it just me or has the pound been taking a walloping these past 48 hours?

yep Scoots,

£ and $ are getting hit big time

Good job TimberWolf hedged the £ by buying $

Milan.

**Sysman** · 24 March 2011, 16:25

Ye Gods. USD down to 0.907 Swiss Francs.

And the Euro ... I'm off to see what prices computer gear is in Germany.

**Jog On** · 24 March 2011, 16:25

EUR has rebounded back into its uptrend.

£ hasn't caught up yet but it's in an uptrend as well (vs $).

**TimberWolf** · 24 March 2011, 16:28

Originally posted by milanbenes View Post

yep Scoots,

£ and $ are getting hit big time

Good job TimberWolf hedged the £ by buying $

Milan.

I sold the last of my dollars a few weeks ago.

Gold has shot up (again) today too.

**OwlHoot** · 24 March 2011, 16:31

Originally posted by Jog On View Post

EUR has rebounded back into its uptrend. ..

The EUR will really be scuppered if it goes on much longer like that

**ThomasSoerensen** · 24 March 2011, 17:30

Originally posted by OwlHoot View Post

The EUR will really be scuppered if it goes on much longer like that

And with Portugal falling in May-June. I suggest you all move to start invoicing in Swiss francs, like I have.

**AtW** · 24 March 2011, 17:36

Place order for servers in Euroland, price quoted is in euros but no bother as your favourite economist uses hedging for what it was intended rather than for dirty spekulation

Euro etc pound walloping