Will the British Pound ever be as strong as it was September 2007?

Question

War of the currencies?

Early autumn last year, the British currency was sharp as a blade!

Then the Euro started getting back in the game, the Canadian Dollar got into the show, the US Dollar tanked but STILL barely lost ground on the pound.

The biggest show off was Canadian Dollar against the Pound, right? You may wanna start importing your stuff to Canada, eh?

When will the Pound go back up there?

Answer 1

Who knows? All currencies and economies fluctuate. It's what they do. Not sure how things will shake out, it seems everyone is headed for a downturn globally. Food shortages may be the tipping point for some countries rather than currency strength. Countries that are importers rather than exporters will be in trouble. Many things affect value.

The US dollar is actually (last I checked) rising against the Euro - but still not great.