Pound vs Euro

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Cyberman replied

21 January 2009, 21:58
Originally posted by BlasterBates View Post

Swiss Franc exchange rates

Looks like the Swiss may go for QE as well.

Seems they're pegging the Euro.

I think the Euro is pegging-out !!
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expat replied

21 January 2009, 18:35
Originally posted by BlasterBates View Post

Swiss Franc exchange rates

Looks like the Swiss may go for QE as well.

Seems they're pegging the Euro.

Normally the Swiss Franc and the Euro mirror each other, against the dollar: when one goes up, the other goes down. Complementary havens.
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BlasterBates replied

21 January 2009, 18:28
Swiss Franc exchange rates

Looks like the Swiss may go for QE as well.

Seems they're pegging the Euro.
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BlasterBates replied

21 January 2009, 18:21
If you're already in Euroland I would just hang on to Euros for a while.

The message I read in that is there won't be V recovery in the £, and there's a downside medium term.
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HairyArsedBloke replied

21 January 2009, 18:19
Jim Rogers is a bit of a drama queen but often talks sense.

UK is well beyond being fraked. Guido puts it this way:

The UK budget deficit for December alone was £11.4 billion. The numbers are so big that you have to break them down. The government is overspending - tax receipts minus expenditure - by over £14 million an hour, 24 hours a day, 7 days a week.

I'm getting a bit edgey to get away again while we are allowed to leave the country, but I don't want to do myself a mischief and need medical treatment abroad.
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BlasterBates started a topic Pound vs Euro

21 January 2009, 18:09
Pound vs Euro

For those wondering whether to keep Euros or change to £.

Weak outlook for £

Last edited by BlasterBates; 21 January 2009, 18:12.
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