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GBP EUR - drdanny_l
Thursday, 21/01/10 14:17
Hey Adam how r u? :)
At last found u in the forum.
What do u think about tendencies of EUR and GBP relative to other currencies?
Hey man - Adam
 1
Friday, 22/01/10 01:33
How is it going?

Hope you are taking it slow :)

About the EUR GBP question, you are going to have to be more specific on that. Meaning the Euro against what?

Anway if you are talking in general, western Europe is still weighing on the Euro ( Mainly greece). The pound is holding up due to inflation problems, but in my opinion there is no chance they will be able to raise rates. That is why its stuck in a massive range.

I think things will stay stagnant up until the Fed's rate decision next week. Until then keep in mind that on the both the pairs we could receive a minor bounce, esspecially after the massive drop.

If you have any further questions feel free to ask

Adam
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