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The pound's fortunes will be tied closely to expectations of a first rate hike from the long-standing record low of 0.5%. And they in turn will be tied to the progress of the UK's economic recovery and the course of inflation data.
Most economists and the markets are pricing in a small rate hike late in the year - but unexpectedly high growth and / or inflation could see a move before then.
The eurozone debt crisis is a double-edged sword for sterling: it will keep the euro weak but also dampens European demand for UK exports and therefore endangers the British economic recovery.
It would also disturb the financial markets and continue the flight of investors to the safety of the dollar. But a third round of quantitative easing from the Fed would limit the dollar's strength.
In a survey of City analysts by Hargreaves Lansdowne, forecasts for the pound at the end of 2011 ranged from €1.05 to €1.35, with the majority predicting the pound would rise above €1.25.
Versus the dollar, forecasts ranged from $1.40 to $1.80, with 36% predicting the pound will make progress above US$1.60 and an equal proportion expecting sterling to slip back below US$1.50. The remaining 27% predict sterling will stay in the $1.50-$1.60 range.
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Posts I've Made
In Topic: Bt10M Worth Pirated Products Seized In Bangkok MBK, Indra Square Raid
2011-01-13 22:25:06
hayden5650, on 2011-01-13 09:07:06, said:
There is nothing wrong with counterfeit goods. It's good competition for the real goods, helping force the legitimate goods' prices lower.
So the knock off Game Boy Charger that killed a 12 year old girl in Pattaya last year is OK
In Topic: Uk Visa Problems...Fiance Under 21
2010-08-09 20:27:03
7by7, on 2010-08-06 03:53:20, said:
Firstly, if she is in the UK as a visitor she cannot apply for any sort of extension or settlement in the UK; she will have to return to Thailand to apply.
Secondly, I'm afraid the rules are very clear. For settlement as a spouse, partner or fiance both parties must be over 21. Whether human rights considerations would be a way round this I doubt. However, you should seek professional advice on this. For an OISC adviser in your area, see Adviser Finder, or speak to a solicitor who is experienced in immigration and/or human rights matters. Your local CAB may be able to guide you too.
Secondly, I'm afraid the rules are very clear. For settlement as a spouse, partner or fiance both parties must be over 21. Whether human rights considerations would be a way round this I doubt. However, you should seek professional advice on this. For an OISC adviser in your area, see Adviser Finder, or speak to a solicitor who is experienced in immigration and/or human rights matters. Your local CAB may be able to guide you too.
Quite right human rights and UK Immigration Law are contridications thank goodness - as any personal situation can be given a human rights slant. That is why the rules are there, and when applied evenly mitigate inconsistancy.
