£ : Euro by Sept09 Predictions

[Welshbeef]

I need to be buying around E40k come Sept09 (knew this 2.5years ago however didnt bother to buy fwds).

So here we are today and the Euro is roughly 1.12/1.13 : £1 My question is what do the experts on here think ball park the ex rate will be in 8-9 months time?

[rude-boy]

No expert at all but I think £1:1.25 should be about right by then.

The one thing which it occurs to me is that Europe is in this up to it's neck as well, we've been hit soonest because of London's place in the financial markets. Meantime the Continentals have been doing their usual "We don't like it so we will ignore it/pretend it isn't happening until we get caught."

Edited by rude-boy on Monday 12th January 09:56

[Carl_Spackler]