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

shopaholic84

I'm really stuck as to what to do about the dollar at the mo. My OH and i fly to America for Christmas on the 22nd December, really not sure when to buy my currency. The dollar is really bad at the mo, but do i run the risk, and wait incase it goes up? i really don't know. xx

inmypocketnottheirs

shopaholic84 wrote: »

I'm really stuck as to what to do about the dollar at the mo. My OH and i fly to America for Christmas on the 22nd December, really not sure when to buy my currency. The dollar is really bad at the mo, but do i run the risk, and wait incase it goes up? i really don't know. xx

The only thing you can do in reality is hedge your bets. Buy half now and half again when you travel.

I am not at all qualified to advise, but my feeling is the dollar is going to strengthen more against the pound before it drops back down to a more reasonable level.

andyroberts1967

It looks as though the pound is making a little bit of a comeback this morning so far - it's up nearly 3 cents at nearly $1.50. Fingers crossed it'll continue a steady rise!

garratt83_2

I'm going to get some when it goes to $1.50 in the shops, then the rest nearer the time. Think it will recover to about $1.60 by about Feb.

Cheers

Blink_Eden

Blink_Eden wrote: »

I have no financial experience, but I am curious as to if the rate will go up a bit tomorrow follow this "Meeting of leaders" thing that happened over the weekend.

If only I had followed my hunch - could have saved £20-30 on my tickets.

Some you win, some you lose.

vernall

do travellers cheques have any expiry?i have some left from when i got back last week.....no point in changing back at the moment seeing as the £-$ is so low.am sure i will be going back sometime next year so may hang onto them or can i just go into the post office and change them for US dollars?would they charge a fee for this or do a straight swap for the same amount of $s

andyroberts1967

vernall wrote: »

do travellers cheques have any expiry?i have some left from when i got back last week.....no point in changing back at the moment seeing as the £-$ is so low.am sure i will be going back sometime next year so may hang onto them or can i just go into the post office and change them for US dollars?would they charge a fee for this or do a straight swap for the same amount of $s

If they're dollar travellers cheques, wouldn't it be better to change them back now to pounds?? As the pound is weak I think you'd get more back that way wouldn't you??

steveo3002

just a quick question about the online money ordering sites listed on the first page

can i request all smaller notes ? i dont really want a stack on $100 bills

Froggitt

Crown sent me a nice selection of brand new notes - tens to hundreds.

glenandemm

hi guys been reading all the comments on here and im going to florida for six weeks at the end of april,i didnt think the pound would drop that low as the last two years ive been its always been around the 2 dollars mark,anyway am i right in thinking that i'd be best waiting untill just before i go when i should change my pounds because im thinking it will go down a little more but it may pick up by the time im going away?
also whats the best sites to watch or give guides on which way the currencies are gonna go,cheers guys