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Cyprus Eastern Forum Index » Exchange Money & Rates » Pound hits 1.36!! Goto page Previous  1, 2
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Post: #21   PostPosted: Sat Mar 14, 2015 2:58 pm Reply with quote
Joined: 24 Aug 2006
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Location: Luton/Kapparis

The rate seems to have dropped a bit. Do I change tomorrow or see how next week goes? Do any of you money people have advice
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Post: #22   PostPosted: Sun Mar 15, 2015 9:37 am Reply with quote
Joined: 25 Nov 2014
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1.4014 still available on CF, seems to have settled there for the moment, still a few things in the air as to whether it will go up or down, ie, whether Greece will exit the euro, QE by the ECB . I will be hanging fire for a couple of days to see what happens, managed to get 1.4149 last week and hope to achieve that or even better it if possible.
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Post: #23   PostPosted: Sun Mar 15, 2015 9:42 am Reply with quote
Joined: 16 Apr 2007
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Location: Vrysoulles, Cyprus/Wales UK

This is an interesting snippet .....

The ongoing uncertainty of the Greek talks is causing instability and European Commission President Jean-Claude Juncker has criticised the slow pace of progress in talks over Greece’s debt.

The Greek issue which has been in the headlines for the past few months has caused the Euro to lose strength and the problems with Eurozone inflation are continuing.

ECB President Mario Draghi is due to address the markets on Monday afternoon which is likely to cause volatility for Sterling Euro exchange rates.

Tuesday is arguably the most important day for GBPEUR rates with the release of both Eurozone inflation as well as unemployment data.

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Pound hits 1.36!! 
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