Sony has already passed on a huge price cut to EU/Others (in effect)

[Zlejedi]

I'd suspect that as with most of things produced in east Asia they pay to manufacturers in dollars. However this will still partially hurt them as a lot of their R&D costs and other manpower costs come in Yen.

And situation in UK is diffrent as they have much smaller prices than EU euro zone.
They pay 300 pounds for ps3 while rest of europe pay 400 euros. So while it was ok in times of pound to euro exchange ratio of 1,33 to 1 this isn't too good situation for them when pound is somewhere arounds 1.15 to 1 now.

I only hope it won't effect the pricing of games as I'm ordering almost all my console games in UK becouse it's cheaper than in Poland.