£ vs euro vs $

[slipstream 1985]

why recently has the £ been rising against the $ yet falling against euro. would ahve thought it would either be the other way round or balanced againt thedollar but rising against the euro which with basket cases like greece, spain , portugal and ireland in it.

[DrYazz]

slipstream 1985 said:

why recently has the £ been rising against the $ yet falling against euro. would ahve thought it would either be the other way round or balanced againt thedollar but rising against the euro which with basket cases like greece, spain , portugal and ireland in it.

A subject close to my heart.

The rate is/ was around EUR 1.1400 dead to the £ at COB 06-Oct-2010, but was 1.20 only a month ago and as high as 1.24 over the summer.

Most of my salary is in EUR, so the strong Euro versus the pound is almost like 'free money'.

I can only hope the pound gets weaker still. All I am hearing is ........KERCCHING.

Edited by DrYazz on Wednesday 6th October 22:49

[fido]

US - massive QE programme, Japan - zero interest rates. Well i suppose the Euro is the slowest in the rush to the bottom.

[GlenMH]

You should try being paid in JPY

Salary baselined @ 202JPY/GPB and the rate is currently 131ish and has been as low as 122....