£ can only go up against €

scottishperson2

scotty1971 wrote: »

not asking for a prediction,just an opinion

You'd trust an opinion. OK - buy now, buy, buy, buy, buy.


No wait, wait, wait, wait, wait.

mcfisco

The government won't be keen on seeing the £ get too strong and hurt our exports
so I'd expect them to try and keep it down - at what level, I have no idea

I'd still hold off buying holiday money though, I reckon there's a few more cents in it yet, if it hits 1.30 or drops to 1.15 I'm buying for my Oct holiday earlier than my Sept plan

scotty1971

scottishperson2 wrote: »

You'd trust an opinion. OK - buy now, buy, buy, buy, buy.


No wait, wait, wait, wait, wait.

that sort of looks like something my six year old woud say

scotty1971

mcfisco wrote: »

The government won't be keen on seeing the £ get too strong and hurt our exports
so I'd expect them to try and keep it down - at what level, I have no idea

I'd still hold off buying holiday money though, I reckon there's a few more cents in it yet, if it hits 1.30 or drops to 1.15 I'm buying for my Oct holiday earlier than my Sept plan

that's what i call an opinion

budgetflyer

Theres pretty good value just now at 1.22. A couple of years back in Marbella , at one money exchange place I was offered 98c for my £1. I think the FX rate was around 1.08

mcfisco

mcfisco wrote: »

The government won't be keen on seeing the £ get too strong and hurt our exports
so I'd expect them to try and keep it down - at what level, I have no idea

I'd still hold off buying holiday money though, I reckon there's a few more cents in it yet, if it hits 1.30 or drops to 1.15 I'm buying for my Oct holiday earlier than my Sept plan

I've half changed my mind
Just bought £1000 worth @ 1.20 from FairFX - I'll stick to my plan with the other £1K I have available

zagfles

2010 wrote: »

You seem to forget we`re on the holiday money board not the investing and gambling boards.

The average family just wants to know whether to get their euros now or in a few weeks/months time.

Try and get things in proportion.

And no-one can tell them, !!!!!!. That's the point. Anyone who can is already a billionaire and won't be wasting time on MSE!

scotty1971

zagfles wrote: »

And no-one can tell them, !!!!!!. That's the point. Anyone who can is already a billionaire and won't be wasting time on MSE!

people only want othe peoples opinions nothing more

zagfles

scotty1971 wrote: »

people only want othe peoples opinions nothing more

OK, my opinion is rather than try to predict currency direction, concentrate on something which you can actually predict, for instance the charges you'll pay for your currency.

If you change cash in the UK you'll pay around 5% in commission (exchange rate markup), if you use the best credit/debit cards you'll probably pay under 0.5%.

On average that will always outweigh any guesses about currency direction.

scottishperson2

scotty1971 wrote: »

people only want othe peoples opinions nothing more

What does your 6 year old say, as their opinion is just as valid as anyone elses opinion, as is just as likely to be correct.

Opinion on here was to go with crown currency, and we know what happened then.