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  • FIRST POST
    • daymouse
    • By daymouse 7th Oct 16, 10:33 AM
    • 48Posts
    • 1Thanks
    daymouse
    How much worse can the Dollar get!??
    • #1
    • 7th Oct 16, 10:33 AM
    How much worse can the Dollar get!?? 7th Oct 16 at 10:33 AM
    Wasn’t sure where to come for some currency buying advice!

    We’re off to New York beginning of Dec and gutted I didn’t sort the currency out pre Brexit. It’s now even worse and doesn’t show any sign of improving with it getting worse day by day Caxton selling to day for 1.2179!!

    Suppose does anyone have good knowledge if it will increase back up? Even 1.3 would be good for me!

    I’m tempted to buy all we need approx. $2500 dollars for the holiday now with the buy back guarantee which costs £4.99 so if it increases I can sell back and rebuy at the higher rate.
Page 1
    • *j*
    • By *j* 7th Oct 16, 12:49 PM
    • 224 Posts
    • 123 Thanks
    *j*
    • #2
    • 7th Oct 16, 12:49 PM
    • #2
    • 7th Oct 16, 12:49 PM
    You want to know how low Sterling can go?

    Just wait a few days. I've been putting off buying dollars for the past month and that advice has consistently been correct!
    • daymouse
    • By daymouse 7th Oct 16, 1:20 PM
    • 48 Posts
    • 1 Thanks
    daymouse
    • #3
    • 7th Oct 16, 1:20 PM
    • #3
    • 7th Oct 16, 1:20 PM
    Yeah,

    Do you think its going to increase again?

    Dont need to buy until the end of Nov so theres still time.
    • *j*
    • By *j* 7th Oct 16, 3:34 PM
    • 224 Posts
    • 123 Thanks
    *j*
    • #4
    • 7th Oct 16, 3:34 PM
    • #4
    • 7th Oct 16, 3:34 PM
    Yeah,

    Do you think its going to increase again?

    Dont need to buy until the end of Nov so theres still time.
    Originally posted by daymouse
    That's what I thought when it was about 1.33 towards the beginning of September.

    I still have until the end of next week....plenty of time!
    • daymouse
    • By daymouse 7th Oct 16, 3:43 PM
    • 48 Posts
    • 1 Thanks
    daymouse
    • #5
    • 7th Oct 16, 3:43 PM
    • #5
    • 7th Oct 16, 3:43 PM
    Well i hope it comes up for you!

    I had a work out and we're looking at a $160 difference between 1.21 and 1.30 for the amount we want
    • Voyager2002
    • By Voyager2002 7th Oct 16, 3:54 PM
    • 11,017 Posts
    • 7,371 Thanks
    Voyager2002
    • #6
    • 7th Oct 16, 3:54 PM
    • #6
    • 7th Oct 16, 3:54 PM
    So long as Theresa May keeps her mouth shut the pound should rise again. I would expect it to be back up a bit by the middle of next week, so long as nothing else happens. Of course, if she were to leave government we might see the pound at 1.60 or higher!
    • Cardew
    • By Cardew 7th Oct 16, 5:09 PM
    • 26,059 Posts
    • 12,529 Thanks
    Cardew
    • #7
    • 7th Oct 16, 5:09 PM
    • #7
    • 7th Oct 16, 5:09 PM
    So long as Theresa May keeps her mouth shut the pound should rise again. I would expect it to be back up a bit by the middle of next week, so long as nothing else happens. Of course, if she were to leave government we might see the pound at 1.60 or higher!
    Originally posted by Voyager2002
    Would that be with her successor scrapping BREXIT??
    • pogofish
    • By pogofish 7th Oct 16, 10:19 PM
    • 6,235 Posts
    • 6,135 Thanks
    pogofish
    • #8
    • 7th Oct 16, 10:19 PM
    • #8
    • 7th Oct 16, 10:19 PM
    Wasn’t sure where to come for some currency buying advice!

    We’re off to New York beginning of Dec and gutted I didn’t sort the currency out pre Brexit. It’s now even worse and doesn’t show any sign of improving with it getting worse day by day Caxton selling to day for 1.2179!!

    Suppose does anyone have good knowledge if it will increase back up? Even 1.3 would be good for me!

    I’m tempted to buy all we need approx. $2500 dollars for the holiday now with the buy back guarantee which costs £4.99 so if it increases I can sell back and rebuy at the higher rate.
    Originally posted by daymouse
    Maybe first explain why would you be wanting to use a company that went bust in 2010, leaving a lot of people in the lurch?

    The Flights Currency and Car Hire board is the place to get current advice!
    • phatbear
    • By phatbear 8th Oct 16, 11:36 AM
    • 3,301 Posts
    • 2,947 Thanks
    phatbear
    • #9
    • 8th Oct 16, 11:36 AM
    • #9
    • 8th Oct 16, 11:36 AM
    The $ will get to $1.53 on the 11th nov.














    Probably, however i could be wrong and if I had access to such info i would be a lot richer than i am right now
    Live each day like its your last because one day you'll be right
    • iltisman
    • By iltisman 10th Oct 16, 4:09 PM
    • 2,056 Posts
    • 2,209 Thanks
    iltisman
    I think the Pound could fall to $0.85 at which point the BOE would panic and stop printing money and put up interest rates.
    It's only my cheerfulness that keeps me going
    • bryanb
    • By bryanb 10th Oct 16, 4:13 PM
    • 4,796 Posts
    • 3,501 Thanks
    bryanb
    The dollar seems fine, it's the pound that has problems.
    This is an open forum, anyone can post and I just did !
    • Voyager2002
    • By Voyager2002 13th Oct 16, 9:17 AM
    • 11,017 Posts
    • 7,371 Thanks
    Voyager2002
    Would that be with her successor scrapping BREXIT??
    Originally posted by Cardew
    That would certainly help, but any kind of decent leadership would go a long way towards calming the markets. The problem at the moment is that the people in charge so obviously (a) care about political grand-standing rather than the economy and (b) show no sign of understanding anything about how the economy works.
    • Voyager2002
    • By Voyager2002 13th Oct 16, 9:20 AM
    • 11,017 Posts
    • 7,371 Thanks
    Voyager2002
    I think the Pound could fall to $0.85 at which point the BOE would panic and stop printing money and put up interest rates.
    Originally posted by iltisman
    Which would plunge us into recession and so after a dead-cat bounce to say $0.95 we would be looking at the pound becoming two to the dollar!
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