Do you think the British Pound will sink to the even mark with the US Dollar, £1.00 = $1.00?
How much further will the British Pound slide in comparison to the United States Dollar, and do you think it will go as low as even parity with the American Greenback sometime in the near future?
Extra tags:
- british pound mark,1 00 in british pounds,how is the pound doing against the us dollar,hows british pound doing,hows british pound doing?,is the us dollar and british pound even?,mark will sink us,sink usa,the future og british pound,what value will the pound have 12 months,what will happen to the british pound,what will the gbp be worth against the dollar in future months,what will the pound do in the future,when will dollar and pound be 1:1,when will the dollar even with the british pound,will british pound join EMU?,how is the british pound doing,how do you mark the pound against the dollar,gbp stronger in future,british pound future comparing to the euro
Related posts:
- USA dollar V British pound? How is the USA dollar doing against the British pound? Over the past 12 months and more importantly…..currently….. what is the strength of the USA...
- How is the USA dollar doing against the British pound? Over the past 12 months and more importantly…..currently….. what is the strength of the USA dollar against the British pound? Has the USA dollar become...
- What would have to happen in the USA economy for the US Dollar to gain in value compared to the British Pound? This might seem like a simple question to many of you economics students, but I never took an economics course; therefore, I am a novice...
- What would it take to strengthen the US Dollar to the British Pound, and do you see any signs of the..? Dollar bouncing back to the Pound in the near future? For years and years it seemed the British Pound was worth about .50 to .70....
- The British pound, why is it worth more than the Euro? I just got back from a 15 day trip to Ireland. I knew that the American dollar was worth less than the euro. I did...
Tagged with: British • british pound • comparison • dollar • greenback • parity • pound • slide • United States • united states dollar
Filed under: Currencies
Yep, the pounds about had its day. Probably for the best, old queeny looks more haggard with every reprint…
It’s impossible to tell, it all depends on demand. If people lose faith in the pound it could sink lower, or if people try and manipulate things to make it fall it could possibly happen. The only reason they would do that is so the Euro will get stronger. Keep in mind though that if the pound sinks dramatically, the dollar probably will also sink. It’s not like the dollar stays the same forever. The US dollar is already sinking compared to the Euro.
When Sterling reaches parity with the Euro, we wont join the single currency as we’ll lose out. It makes sense to wait for a resurgent pound, then cash in our chips if it comes to that. Also, British Euros would STILL have the damn queen on them, that was decided as our national currency mark long ago.
Nope! US is in a worse state economically, meaning even if UK pound is falling, the dollar would be falling as well. It may continue to fall, yes but it would never be in a 1:1 ratio with the dollar. Plus the UK most probably would not change to using Euros, even if they have almost the same value now. The pound is expected to rise, sometime in the nearer future, it is way to strong for that.
Even if the GBP fails, it won’t be as bad as USD.
The EUR is coming closer to the GBP rate, and thus once it surpasses it’s better that they join by having EUR too.