H
helpneeded
Guest
Anyone have any ideas about how the euro/sterling rate will move in the next 12 months. I will be transferring a large amount of euros into sterling in 12 months time. From looking every so often it seems that euro has traded between 66p and 68p for a long time. This seems to be unprecedented stability.
Factors which may weaken sterling in my opinion could be economic growth in eurozone, tony blair stepping down with resulting political instability and increasing eurozone interest rates. However, none of these have so far had any noticeable effect.
Does anyone have any ideas?
Factors which may weaken sterling in my opinion could be economic growth in eurozone, tony blair stepping down with resulting political instability and increasing eurozone interest rates. However, none of these have so far had any noticeable effect.
Does anyone have any ideas?