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Predictions for the Euro 2009

Readers Question: Buying a new property in Montengro215,000 Euros’s paid 30% at exchange 1.47 to pound August 2007 20% due in 2-3 months. 43 ,000 euros today exchange is bad news approx 1.23 to pound further 30% due around Nov -Dec 2008 20% on completion around April 20091.What are your predictions for the pound euro exchange rate at the time points above. June 08 – April 09? I would be reluctant to stipulate a figure for the Euro / Pound exchange rate, especially with so much resting on your decision. People do talk of…