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oil price drop

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news-legend | 21:37 Tue 05th Aug 2008 | News
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Do you think that the drop in the price of oil to below $119 a barrel will have a positive effect on the pound and therefore on the exchange rate with the euro?

Or will the pond continue to drop against the euro below its all time low of 1.21 ?
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Question Author
Will the draining of the pound pond mean that the uk will suffer its worst ever recession ?
Hello non-legend,

Thank you for your post. We welcome questions from new posters in the news section. i am sure you will be welcomed with open arms, and I am positively sure you will leave a vastly enlightened person.

In answer to your question, maybe.
Gromit,

You are being very TradeWithMe-esq this evening. Are you OK?
Question Author
lol hes bumped his head lol
lol he hasn't bumped his head lol

D H L ?

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