Cyprus-Forum.com

[Z4]

Sterling has began its long awaited recovery in earnest both against the Euro and against the US $ .
The Stg / Euro rate at this moment , that's the MMR stands at 1.135 .Shouldn't be long , and in time for the tourist season , for stg to climb up to the 1.20 mark . Hope.

The legend Milti and his predictions, priceless!!!

[miltiades]

Sterling has began its long awaited recovery in earnest both against the Euro and against the US $ .
The Stg / Euro rate at this moment , that's the MMR stands at 1.135 .Shouldn't be long , and in time for the tourist season , for stg to climb up to the 1.20 mark . Hope.

The legend Milti and his predictions, priceless!!!

Since most of my stock either comes from China or Europe I naturally want to see sterling rise . Our BoE interest rate at half of one percent can only go up , I know that mortgage payers have benefited but believe me NOT ONE SINGLE SMALL BUSINESS HAS SEEN ANY BENEFIT FROM THE RATE REDUCTION SINCE IT HAS NOR FILTERED THROUGH.
I want to see our industry , the Hospitality which includes Restaurants Hotels , Public houses recover , I want to see people start enjoying their money , or their borrowed money from the Credit card sharks once again.

Sterling has had a bad run and its high time it rises to its proper level .

When I hear some financial wizards telling the public that a low pound helps our exporting companies I ask my self which bloody exports , our cars , our computers , mobile phones , or perhaps our TVs and sound systems !! We make none , they are all imported , what we used to be very good at was Insurance and Banking , not any more !
I almost forgot , our wonderful speed cameras , all made in China !!!

[Z4]

Sterling has began its long awaited recovery in earnest both against the Euro and against the US $ .
The Stg / Euro rate at this moment , that's the MMR stands at 1.135 .Shouldn't be long , and in time for the tourist season , for stg to climb up to the 1.20 mark . Hope.

The legend Milti and his predictions, priceless!!!

Since most of my stock either comes from China or Europe I naturally want to see sterling rise . Our BoE interest rate at half of one percent can only go up , I know that mortgage payers have benefited but believe me NOT ONE SINGLE SMALL BUSINESS HAS SEEN ANY BENEFIT FROM THE RATE REDUCTION SINCE IT HAS NOR FILTERED THROUGH.
I want to see our industry , the Hospitality which includes Restaurants Hotels , Public houses recover , I want to see people start enjoying their money , or their borrowed money from the Credit card sharks once again.

Sterling has had a bad run and its high time it rises to its proper level .

When I hear some financial wizards telling the public that a low pound helps our exporting companies I ask my self which bloody exports , our cars , our computers , mobile phones , or perhaps our TVs and sound systems !! We make none , they are all imported , what we used to be very good at was Insurance and Banking , not any more !
I almost forgot , our wonderful speed cameras , all made in China !!!

Ditto Milti

Me too.

Our economy (UK) was poor before this lot started now it's even worst and has taken a right battering. If you think of the potteries in Stoke they have lost a major player, our car industry has gone, in-fact I am struggling to think of one product we export... Answers on a postcard please!!!

I would like the Sterling to gain on Euro for my mortgage over there as when I took her out she was very nice to me and was giving me 1.48

Craigbeck is in the same position too - he is having to sell his property due to crappy £. I think we will see a whole different picture in 6 months.

What was £ to Euro at start of the year???

[Svetlana]

Hi Z4

You asked about the exchange arte at the begining of the year:
1.04 mid point on 2 January, peaked at 1.145 on 9 February and now 1.124 according to my chart.

Lana

[miltiades]

Hi Z4

You asked about the exchange arte at the begining of the year:
1.04 mid point on 2 January, peaked at 1.145 on 9 February and now 1.124 according to my chart.

Lana

Here is what Stg traded against the Euro in the last 3 years on Jan the 2nd.
2006 1.46
2007 1.48
2008 1.34

Lana has already told us the Jan 09 rate .

[Raymanoff]

See past rates, today's rates etc: http://www.oanda.com/convert/classic

[Z4]

I use www.xe.com for realtime updates...

[miltiades]

I use www.xe.com for realtime updates...

The most accurate , most businesses rely on that but also when dealing ie paying for goods in Euro , I rely on www.fxpayments.americanexpress.com
you must be registered for this service since any transactions are taken from your account by direct debit.

[Z4]

1.13716

At time of the post!

[Z4]

The answer to my question is NO!

Sterling is 5hite! Now 1.10 and falling......

Brown and his Gofer have ruined things again...