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Euro to end as Greece exit nears?

May 18, 2012 by Peter Lavelle, Pure FX Leave a Comment

Here is my latest update of the British pound to euro exchange rate, covering the 11th to 18th May 2012. This is intended as a brief guide to what’s affected the exchange rate this past week as well as what might happen next, to help you decide if now’s the best time to change currencies. Pound to euro: -0.72% decrease on the week (from 1.254 to 1.245) +2.33% increase on the month (from 1.217 to 1.245) This past week: 1. Right-wing UK newspapers including The Telegraph and Daily Express have been openly discussing this week the possibility that the euro might soon end, as economists put the odds of Greece leaving the euro at 50.0% and above. 2. The pound has lost a cent against … [Read more...] about Euro to end as Greece exit nears?

Filed Under: Expats, Spain News Tagged With: currencies, currency exchange, euro crisis, eurozone, gbo-eur, greece, pount to euro, purefx, spain banks

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