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Investing in sterling

  • 29-12-2008 5:36pm
    #1
    ranger4
    Registered Users, Registered Users 2 Posts: 1,370 ✭✭✭


    Is anyone buying sterling with euros at present or could we see a better rate with possible parity with the euro withinn the first quarter of 09? I Was concidering buying sterling to hold untill price had came back to 70-80 stg-1euro range before i sell, could sterling recover against euro by 09 end or does sterlings decline look set to continue possibly staying in same trading range for a prelong period of time.


Comments

  • #2
    Time Magazine
    Registered Users, Registered Users 2 Posts: 8,452 ✭✭✭Time Magazine


    ranger4 wrote: »
    I Was concidering buying sterling ... does sterlings decline look set to continue possibly staying in same trading range for a prelong period of time.
    Ranger, you should have good research done on what is going to happen to the Sterling/Euro exchange rate before you consider speculating.

    Don't touch it with a barge pole unless you know what you're doing.


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