Archive for French Property

Are we over the worst? Sterling rises sharply

April 14, 2009 at 8:07 pm · Filed under French Property

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Sterling jumped to a five week high versus the euro today boosted by rising equity markets, as the ‘unrealistically’ high single currency continued to devalue - just as we suggested earlier this year.

The pound rose from an opening level of 1.1108 euros to 1.1236 euros - it is the first time in 5 weeks that the currency has traded above 1.12 euros.

More on this story here.

With a prevaling wind and a downhill ride - perhaps the worst is over for UK buyers in France.

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