GBP to SKK - Fundamental Outlook?

S

squaregains

Junior member
Messages
39
Likes
1
Been transferring over GBP to SKK over the last few months to fuel an investment. In that time the SKK has appreciated a fair bit but I an wondering if this has been overdone and if a reversal is due w.r.t GBP to SKK.

Thoughts from a fundamental and technical POV welcomed….
z
 
squaregains said:
Been transferring over GBP to SKK over the last few months to fuel an investment. In that time the SKK has appreciated a fair bit but I an wondering if this has been overdone and if a reversal is due w.r.t GBP to SKK.

Thoughts from a fundamental and technical POV welcomed….
z
Click to expand...

SKK is unlikely to move versus the euro as they are about to join the euro so are looking to fix the rate about where it is. So really its a view on the strength of the GBP vs the Euro, which I dont have a strong view on right now, its come a long way recently.
 
GJ,

Sweden joining the EEA? This is news to me. When was this announced? Was there a referendum?

Grant.
 
Portomar,

I think I'm the one that needs correction (the inevitable sordid jokes and innuendo will not be necessary, thank you).

Grant.
 
thanks for the reponses - btw the conversion rate gets fixed at the next EU ECOFIN meeting on July 8th expectations are for 32.50
 
You must log in or register to reply here.

Similar threads

I
GBP/EURO Futures
Replies
4
Views
4K
Canadian
C
DannyBly
Gbp/usd
Replies
1
Views
1K
grantx
G
L
USD/GBP exchange rate exposure
Replies
0
Views
2K
landy5678
L
A
FREE GBP USD SIGNALS and technical analysis Published: Saturday, 25 November 2017 14:
Replies
0
Views
1K
Athar dewidar
A
S
fundamentals... where to even start
Replies
10
Views
3K
new_trader
new_trader
Top