US ($) Currency Thread 1 (closed - use thread 2)

Froggitt

We'd all be rich if we knew which way it was going to go.

Why not buy half now and half just before you go?

dzug1

jiteshchohan wrote: »

im thinking and hoping (and not too sure how many of you share this thought) that after the november elections, surely there will a little boost on the market which should give up a better exchange for the pound???

any views?

Well yes but wouldn't that have the opposite effect - a boost to the US economy strengthening the $$ and hence weakening the ££?

I've no idea which way it will go.

mutleythegooner

With Lehman Bros filing for bankruptcy and Merrill Lynch being taken over by Bank of America due to being in difficulties it has been a traumatic weekend for the US financial system. I expect the pound to show some improvement against the dollar as a result at least until the next bit of bad news over here!

Currently £1 = $1.795

mutleythegooner

This is the reason I don't work in finance, the pound is currently going down quicker than Jodie Marsh on a first date!

stopthespends

hi all

im a bit of a notive when it comes to buying curency.....i want £1000 of us dollars on hiogh street found 1.744..is that any good....thought about using travelex but am worried as havent ever brough money over the internet...is it ok?

thanks

osones

With the Lehman Brothers going under today, the Dollar has gone to 1.78 today (xe.com). I would buy some $ sharpish before it goes down again!!

4444405

I am travelling to NYC in December....

Do I wait to exchange some cash, or is now the best time with what has happened with the US stock market?

M&S exchange rate
1 GBP = 1.7411 US Dollar
Live Rates Mon, 15 Sep 2008 06:40:08 GMT

Baz_2

osones wrote: »

With the Lehman Brothers going under today, the Dollar has gone to 1.78 today (xe.com). I would buy some $ sharpish before it goes down again!!

It was up at $1.81 before the Lehman thing happened, so if it is $1.78 now it has gone down because of it. In fact it has gone down 3c in the last 3 hours for some reason.

Foe everyone asking about what is a good rate, read the maximiser thread. Its all in there how to get the best rate.

I used TEG for mine and didn't have a problem despite being just as worried about buying over the net as everyone else. It depends if you want to save a few $ or not. The highstreet rate is generally poor. You can get $1.77 online at the moment.

scooby32

Dont worry about travelex. used them for the first time and picked up at airport, no hastle, really easy and a much better than high street rate. we specified which pick up point and did pick up wellbefore holiday as was using airport for a business flight.

Bleg

This is against the rules of this forum. The moderator would soon be on to you