Quote:
Originally Posted by martyh
All this is proving good for the pound though ,so all the summer holiday makers will be going abroad taking their money with them and spending it abroad instead of in this country
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At least there'll be all those who'll be coming here for the Olympics, Jubillee celebrations etc.
---------- Post added at 14:40 ---------- Previous post was at 14:36 ----------
Quote:
Originally Posted by Chris
It looks as if the Euro's jump to the 80 pence-plus level coincided with the crash of 2008. Do we have any money market experts to explain why that would be? Was the Euro initially perceived as a safer port in the storm?
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NOT a currency expert (sadly never had enough of it to become one
) but I'm sure it was and I don't think the realities of what was going on in Greece, Spain, Portugal, Ireland etc. were fully appreciated at that time.