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Old 6th January 2009, 01:58 PM
sabio sabio is offline
Join Date: Aug 2008
Posts: 72
Exclamation Euro versus pound

Recently the Euro was valued at 97.5 pence.

However, now it looks as if it is the Euro's turn to come under pressure. The ECB are getting concerned about deflation and are talking of interest rate cuts.

This news has made the Euro nose-dive, currently at 91.5p.

Let's hope for all the pensioners over here that it gets back to about 70p.
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