Is the pound set to make a comeback against the Euro?

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littlescoot
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Postby littlescoot » Sat Jan 07, 2012 11:39 am

The other analogy that traders frequently used to describe the Pound is;

When your drunk at the end of the night, you'll take the least ugly bird back home when faced with just a parade of ugly sisters!!


Those currency traders can be so sexist at times....


Bear in mind though, if she' drunk too she' s probably thinking the same! :wink:

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Postby qwerty » Sat Jan 07, 2012 12:09 pm

littlescoot wrote:
Bear in mind though, if she' drunk too she' s probably thinking the same! :wink:


:lol: :lol: Touche.... :lol:

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Postby banjo » Sat Jan 07, 2012 9:06 pm

The pound is coming back but only because the Euro has almost gone to pot. Take note BG and keep the leva.

8) 8)

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Postby Simonita » Sat Jan 07, 2012 10:19 pm

banjo wrote:The pound is coming back but only because the Euro has almost gone to pot. Take note BG and keep the leva.

8) 8)


Well the £ has taken 16 months to get back to where it was 16 months ago. Hooray! It now just needs to add another 60 stots to get back to where it was before the recession. At current rates this should take about 20 years...... But still the Daily Mail tells us that is the Euro not the £ that is in crisis. Don't forget now! :D :D

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Postby rainbowwarrior » Sun Jan 08, 2012 11:22 am

i remember the hangovers from when it were 2.98 levas to the pound oh to go back to those days.

banjo my friend it does not matter a statinky if BULGARIA is EUR or leva they are affixed so when euro goes down leva goes down = PARTYYYY!!!!!

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banjo
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Postby banjo » Sun Jan 08, 2012 4:05 pm

So why has Bulgaria not adopted the Euro yet. ?.

sensible answers only please.

8) 8) 8)

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Postby Liliana » Sun Jan 08, 2012 4:07 pm

Because.... it's been refused by the EU?!?!

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Postby banjo » Sun Jan 08, 2012 4:22 pm

Sorry but why has the EU refused ?. 8) 8)

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Postby Hippyboy » Sun Jan 08, 2012 6:09 pm

Er well , technically they haven't been refused , like all countries wishing to join the Euro , they have to meet certain quite stringent fiscal criteria first , before being allowed to join ; something which most Eurozone countries actually failed to do , but were still allowed in anyway (wonder why they've got problems now) . Secondly the EU can't decide anything on whether Bulgaria joins the Euro or not , it's up to the Eurozone countries , and maybe the ECB (not actually sure what influence they have in the matter) . Thirdly , Bulgaria has somewhat cooled on its rush to join the Euro , and for the time being is happy to wait to see how things play out (officially they're not happy with the proposed tax-allignment rules) Things are rarely as simple as they seem , Tim .

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Postby spantrout » Sun Jan 08, 2012 6:15 pm

the longer BG waits the better,

now they just have to find a way out of being pegged to the euro!!!!!!


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