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.

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