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Pound at record low against euro

Started by propertyfag, December 25, 2007, 06:47:57 PM

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propertyfag

The pound has fallen to a record low against the euro, as dealers expect more Bank of England (BoE) interest rate cuts in 2008.
The pound bought just one euro 37.6 cents in quiet Christmas Eve trading.

"There are increasing signs that the British economy has hit a brick wall triggered by the decline in the housing market," said analysts at BNP Paribas.

http://newsvote.bbc.co.uk/1/hi/business/7159223.stm

vwilson

Dude, you really must hate Christmas ... 6pm on Christmas Day and you're fretting about the pound euro exchange rate!

V

propertyfag

(trust you to pick up on that)

Xmas sucks, V :)

You've been missed! Did you have a good one?

vwilson

Awww thank you. Yes I did ta ... am home again now mind. How about you? What did you do (apart from posting on here)?

V

propertyfag

I know this maybe hard for you and the masses to believe, but I literally just popped on here for about 20mins :)

And believe it or not, my stats actually showed that there were active users on here, so I thought I would post some fresh content.

I was out xmas eve partying and xmas day was with the family. It was as good as xmas could have been. I haven't drunk all xmas, which has been kinda' nice.

propertyfag

I'm thinking of opening a euro-account and buying a few euros. I want instant access though and it needs to be a free service.

Anyone else having similar thoughts?

vwilson

Bit late for that isn't it?

Give it a couple of months and start buying dollars?


V

propertyfag

Dollars is starting to gather some strength again...

Not much strength, but it isn't as weak as it was...