“Seismic change” is under way which may lead to 20% surge in USD

padington

Generali wrote: »

I don't claim to know where currencies are going but I'd be surprised to see the US Dollar fall vs the Euro from here and there is a good chance it will appreciate substantially. Likewise the quid vs the Euro.

A bloody great reason to buy London property if you're a European. Christ think about it, if the Europeans were eager for London property whilst we had QE, it's a red flag to the bull now they have it, especially because EU QE will help the city of London directly also.

The Greeks might move here lock stock and barrel.

Non nom nom.

Bubbles has got real competition from his own motherland all of us a sudden. He better get his Hermes skates on.

worldtraveller

Touched USD1.4699/GBP1.00 today, which is the strongest USD level against GBP in nearly 5 years.

Loughton_Monkey

Generali wrote: »

I don't claim to know where currencies are going but I'd be surprised to see the US Dollar fall vs the Euro from here and there is a good chance it will appreciate substantially. Likewise the quid vs the Euro.

You're in this sort of business aren't you?

It's nothing to do with anything like undervaluation, Japan, trade flows, elections or shale gas.

It's much more to do with the little back room-boys in the bank. They've been rumbled on so many scams like Libor that they've had to resort to basic insider trading and market fixing. They have to earn their obscene bonuses somehow.