Europe concerned over sterling slide

Discussion in 'Forex' started by ASusilovic, Apr 8, 2009.

  1. The pound’s slide against the euro has begun to trigger concerns on the continent that the UK is seeking to gain a competitive advantage over its European Union partners, the FT reported. Sterling has fallen by more than 25 per cent on a trade-weighted basis since the autumn of 2007, raising the question as to whether Britain is letting its currency fall to help its exporters at a time when the eurozone is falling more deeply into recession.

    I am not concerned ! I ask myself why we have not yet reached 1,0000 EUR / GBP ?? Pound should be hammered into abyss ! :confused:
  2. Been looking at properties in the Greek Isles - they're all priced in sterling.

    I've been wanting to buy one there for a while. It's looking good. Down with the Pound!