Reply To: Exchange rates



From a forecast report I read RBS are expecting EUR/GBP to top out close to here, but the bad news is it doesnt see GBP going back to levels we saw in last few years in fact they are predicting 0.74 as a low well into 2009. Markets always have a habit of overshooting so we may see close to 0.8 (1.25) before we see a top. But I have seen other predictions of 0.85 ( 1.1765).
I think anyone trying to sell property may well be better trying to attract other Northern Europeans that don’t have exchange risk when buying.