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Travel Money

In view of today's announcement on Eurozone QE, does anyone have any considered opinion on its likely effect(over the next 6 months) on the exchange rate of £ versus Euro. Intuitively, I would have thought that the £ is likely to strengthen, but is this process something that re-bases over the few days after the announcement, or is it likely to be a gradual process? I am likely to need quite a lot of Euro's for travel this year, so when I buy them could make a considerable difference to the £s I end up with!cheers!
Peter

Comments

  • zippychick
    zippychick Posts: 9,328 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    Hi, we move threads if we think they’ll get more help elsewhere (please read the forum rule) so this post/thread has been moved to another board. If you have any questions about this policy please email [EMAIL="forumteam@moneysavingexpert.com"]forumteam@moneysavingexpert.com[/EMAIL].
    A little nonsense now and then is relished by the wisest men :cool:
    Norn Iron club member #380

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