Prospects of Pound vs Euro

mok95

I will be emigrating to Spain shortly, and have some savings that I will need to convert into Euro.

Interested in hearing people's opinions on whether the Euro is going to weaken or strengthen against the pound between now and the summer.

Thanks in advance!

opinions4u

It's a little bit like trying to establish which football team is the best.

Grimsby or Darlington?

sabretoothtigger

Do half now and half when you go seems fair enough. I dont see Sterling as being particularly strong vs any currency myself

There is so much potential turmoil no one can answer this question, ask George soros


Today euro has done ok, I saw this occurring because it had hit rock bottom. Markets never move in straight lines.

Hard to say if it'll continue down vs the dollar or sterling. I dont quite understand why people are so negative on it


http://img29.imageshack.us/img29/9404/img12741387822315879958.gif

The longer term trend takes precedent and Euro has been rising for a few years however this now appears broken and since 08 we have tendency for Euro to depreciate vs sterling however expectations have bottomed for now it looks like