Jump to content
House Price Crash Forum
Sign in to follow this  
Quicken

Gbp Versus Usd In 2H 2011

Recommended Posts

Hi all,

I have been wondering about GBP versus USD currency movements. We both have ZIRP, they QE'd more than us, our credit rating is better, and supposedly we are a safe haven (I know, I know). Put another way, the US is in as much trouble as us. So why is the GBP roughly 20% down on the USD since July 2008? Any chance of a correction?

Q

Share this post


Link to post
Share on other sites

I thought that before 2008 it was overpriced and had fallen to reflect it's long running true value against the dollar.

You're probably right. Unanimous votes so far for the bottom option. I was hoping a GBP bounce vs the dollar might produce a PM buying opportunity (I have none atm).

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.