08 June 2010

Collapse of the Euro?

Sterling jumped to an 18 month high against the euro yestrday as fresh worries about the eurozone’s financial stability.

The pound jumped nearly 1.5 cents from €1.2042 in morning trading to €1.2177 by mid afternoon.

Against the dollar, sterling was relatively strong, rising from $1.4387 at the open of London trading to peak at $1.4555.

Maybe it's a good time to buy some property in Euro's?

No comments: