Thursday, May 28, 2009
Pound beginning to bounce back?
Just seen today that the pound has hit a seven month high against the dollar.
It's also trading at €1.15 which is the best it's been for a while.
My father-in-law and I were talking about investments last week and I said that if I had the guts I would chance my arm at currency trading as I think it may hit €1.30 later this year.
Sadly I chanced the wrong arm and bought some Land Securities shares which promptly fell by 25% the next day....ho hum.