Not sure where to post this but I think the fluctuation over the last few months brings it into the remit of this forum!
When sterling went down as low as 97c, people were saying it was only a matter of time before parity - then it went the other way and is now hovering around 91c - Can someone clariify how the relative interest rates BoE v ECB moves impact on the currency exchange rates - I am looking to convert to sterling for a largish investment and I am trying to anticipate as much as I can
Thanks
When sterling went down as low as 97c, people were saying it was only a matter of time before parity - then it went the other way and is now hovering around 91c - Can someone clariify how the relative interest rates BoE v ECB moves impact on the currency exchange rates - I am looking to convert to sterling for a largish investment and I am trying to anticipate as much as I can
Thanks