Calm before the euro storm – exporters watch out

Posted on 15 Mar 2013 by Tim Brown

David Huggett, currency consultant at Global Reach Partners, warns exporters that the currency markets are heading for a rocky road and the value of the euro is predicted to fall sharply.

“The media has been dominated with news about depreciation of the pound against major currencies for a few weeks. It’s a saga which has been fuelled by talk of UK’s triple dip recession and triple AA downgrade. And if you believe everything you read, it’s not going to change for a while. For manufacturers who…

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