Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Sterling how low can it go?

  • 25-02-2016 11:35am
    #1
    Grecco
    Closed Accounts Posts: 1,007 ✭✭✭


    Any thoughts welcome, currently at 79.2p = 1yoyo
    I know the brexit issue is weighing down on it but surely this is now priced in. I`m looking at an entry point here to buy sterling but will wait another while to see if the 80p mark is crossed


Comments

  • #2
    Flatzie_poo
    Registered Users, Registered Users 2 Posts: 562 ✭✭✭Flatzie_poo


    Grecco wrote: »
    Any thoughts welcome, currently at 79.2p = 1yoyo
    I know the brexit issue is weighing down on it but surly this is now priced in. I`m looking at an entry point here to buy sterling but will wait another while to see if the 80p mark is crossed

    It's not priced in... and don't call me Surly :D

    However, I do expect a jittery market to cause a small drop pre-referendum, with a post referendum rally... I'm assuming they vote top stay in the EU here obviously.

    Why do you think it's priced in?


  • #3
    ei9go
    Registered Users, Registered Users 2 Posts: 1,035 ✭✭✭ei9go


    I could easily see at least another 5% drop in sterling with the referendum coming.

    85p to Euro sooner rather than later ?


  • #4
    Grecco
    Closed Accounts Posts: 1,007 ✭✭✭Grecco


    Well I don`t know if its priced in but I feel the market is always ahead of any decision.
    What do the currency traders think?


Advertisement