
Christine
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NO NO NO, on a personal level I don't want to loose money on exchange rates again, the reason we are heading north is because Euro is stronger than a weakening, and previously over valued £.
The devaluation of the euro is most likely to happen due to the strengthening USdollar, not STG,. Its a big world out there. Currency, like everything else is affected by demand and supply. and the Euro zone market place is far larger than one country, (ie UK), AND, I think you'll find some of the other currencies are pegged to the euro. We're just not fooling ourselves.....and I think you'll find the French, Spanish and Italians might be a tad insulted by saying the Euro is the old mark
Hi jake, I believe there are talks to come up with a second Bretton Woods agreement, but i still believe the US dollar will recover enough, lets face it it did go extremely under valued. But STG is not the way to go, at all....in my opinion |