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Old 15-12-2011, 11:57   #427
Hugh
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Re: Eurozone will collapse...

Quote:
Originally Posted by Chrysalis View Post
Good old bbc again.

I have just checked the year graph for the exchange rate.

Last year when the euro dropped the bbc got all excited like they are now.

On march the euro then got stronger and I cannot find any bbc news reports reporting this. So someone without checking into it would think it dropped last christmas and then dropped again further now, whilst whats actually happened is its now the same value as last march. I expect it to drop some more whilst the news agencies get all wet over it, but eventually when more interesting news happens it will recover again in the summer.
I googled on "bbc news march 2011 euro strengthens against pound"

and the first thing that came up was BBC -Euro strengthens after EU agrees Greece deal

I then googled on "bbc news march 2011 pound falls against euro" and this came up - BBC - Pound falls against dollar and euro on 'recession risk'

Didn't take much looking.....
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