# Euro is weakening...Perhaps more Brits will invade Spain now?

- Type: wall
- Canonical path: /wall/11427-euro-is-weakening-perhaps-more-brits-will-invade-spain-now
- Canonical URL: https://aspanishlife.com/wall/11427-euro-is-weakening-perhaps-more-brits-will-invade-spain-now

Hi Guys,
 
  I am new to the site, kindly recommended to me by Ian at Daydream Villas. I am a currency trader and I deal with alot of British clients moving to Spain. Their move involves a currency transfer of sterling to euro's and with the way that rate has behaved over the last few years this has been quite poor value for alot of people moving into Europe. 
 
  Now with the imminenet implosion/split up of the Eurozone, when I say imminent of course this will take years to phase out, we are going to see a much more sensible value on GBP-EURO. Currently trading at 1.20 and looking like climbing even higher again. This in theory should see alot more Brits moving to Spain as they now see properties that they looked at 6 months ago are now all of a sudden 7% cheaper through an improved exchange rate.
 
  I know there is so much more to teh debate but what would you guys prefer...Euro or the old pesata?
 
 pdavey@internationalfx.com
 www.internationalfx.com
 UK 02030058918