Sterling Doom

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snaw replied

11 September 2008, 14:34
Originally posted by Peoplesoft bloke View Post

WTF is an "arch dove"? Why can't these people speak English?

The beaks most likely.

IWGMC.
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Peoplesoft bloke replied

11 September 2008, 14:30
WTF is an "arch dove"? Why can't these people speak English?
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The Lone Gunman replied

11 September 2008, 14:19
Originally posted by chef View Post

i earn Euro's

my hourly rate is going up and up

WHS. But the euro is losing against the dollar and I am going to the states on me hols. On the upside I bought 2ks worth of dollars at its peak.
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chef replied

11 September 2008, 14:18
i earn Euro's

my hourly rate is going up and up
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HairyArsedBloke replied

11 September 2008, 13:33
I earn in USD
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Likely replied

11 September 2008, 13:33
Originally posted by sasguru View Post

Boomed! A falling pound is the classic British way of dealing with economic problems.

I am going back to Rahmainandjickistan. I make more there as a farmer.
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DimPrawn replied

11 September 2008, 13:33
Originally posted by ace00 View Post

Unemployment warning sends pound tumbling

David Blanchflower, the arch-dove on the Bank of England's Monetary Policy Committee (MPC), today forecast that the UK economy is heading for an "unpleasant shock" with unemployment set to spike in October.

Sterling fell to a two-and-a-half year low against the dollar as markets digested Mr Blanchflower's comments, sending the pound down to $1.7460 — a level last seen in April 2006.

Not sure what an "arch-dove" is.
I think it will sink to about 1.1 euro , 1.5 $, (ballpark) over the next 9 months - any opinions?

If it falls to near 1.1 euros (or even below) I'll be as a dog having sold my villa and transferred from Euros to £ several weeks ago.
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sasguru replied

11 September 2008, 13:31
Boomed! A falling pound is the classic British way of dealing with economic problems.
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ace00 started a topic Sterling Doom

11 September 2008, 13:29
Sterling Doom

Unemployment warning sends pound tumbling

David Blanchflower, the arch-dove on the Bank of England's Monetary Policy Committee (MPC), today forecast that the UK economy is heading for an "unpleasant shock" with unemployment set to spike in October.

Sterling fell to a two-and-a-half year low against the dollar as markets digested Mr Blanchflower's comments, sending the pound down to $1.7460 — a level last seen in April 2006.

Not sure what an "arch-dove" is.
I think it will sink to about 1.1 euro , 1.5 $, (ballpark) over the next 9 months - any opinions?
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