Author Archive

Afghan war effects on buying and selling sterling

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With the rising death toll of British Soldiers in Afghanistan and helicopter shortages being the blame, it looks like the government are set to increase and upgrade the rescue equipment, as well they should. However, these essential plans, along with the damage of war in general, may lead to the decline of sterling as billions of pounds are taken out of the British Economy. Therefore it may seem a worthwhile investment to look toward forward contract for sterling currency exchanges.

Sterling to be hit swine flu

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I have been looking at ther effect of swine flu on buying euros and I think if the UK is hit really badly by this pandemic then the value of sterling may drop as the economy gets affected and people get scared. So if I was buying dollars or buying euros at the moment I would be probably trying to do it quite quickly.