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Euro (€) Currency Thread

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Comments

  • loveunit
    loveunit Posts: 44 Forumite
    nice comeback today.. are the markets closed tomorrow and or monday?
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  • Teahfc
    Teahfc Posts: 1,468 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    loveunit wrote: »
    nice comeback today.. are the markets closed tomorrow and or monday?

    :beer: yes they are.
    "Man invented language to satisfy his deep need to complain."


    ''Money can't buy you happiness but it does bring you a more pleasant form of misery.''
  • waynehayes
    waynehayes Posts: 427 Forumite
    How about the Asian markets?
  • TuftyMatt
    TuftyMatt Posts: 174 Forumite
    A good night for the pound in the Far East.

    Fully expect the rally to continue towards 1.2 with a few blips along the way. I go away in late May and expect 1.14 from Caxton FX.

    As the Inspector says Euroland is in a mess and the pound is slowly going back to a level it should have been for most of the Winter IMHO.
    It's far better to be penny wise than pound foolish.

    :beer:
  • loveunit
    loveunit Posts: 44 Forumite
    @tuftymatt - are you saying you only expect it to go up .02 in the next month and a bit?

    I know it's hard to put a date on things, but how long do you reckon until 1.2?

    cheers...
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • TuftyMatt
    TuftyMatt Posts: 174 Forumite
    Loveunit,

    1.14 is what I expect to get on my pre loaded card.

    To get this I would expect the headline rate to be around 1.16 / 17.

    For those going away a bit later than me then I would expect 1.2 to be reached so therfore giving around 1.17 / 1.18 in your pocket.

    This is still a long way down from the 1.25ish rate you could get to spend last Summer but I do think we are some way off from being there again.
    It's far better to be penny wise than pound foolish.

    :beer:
  • loveunit
    loveunit Posts: 44 Forumite
    what made the Euro so strong today? - can't be the weather, it's terrible!
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • waynehayes
    waynehayes Posts: 427 Forumite
    loveunit wrote: »
    what made the Euro so strong today? - can't be the weather, it's terrible!

    Dunno, but the £ has done bounced back to €1.116 overnight. The Asian markets do seem to like the pound,
  • inspector_monkfish
    inspector_monkfish Posts: 9,276 Forumite
    edited 14 April 2009 at 8:28AM
    loveunit wrote: »
    nice comeback today.. are the markets closed tomorrow and or monday?

    Only in UK and Europe.
    Most of the rest of the World were still open for business.

    looks like it was pretty quiet though
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  • Touched 1.1166 around 6.00 this morning

    currently trading around 1.1155
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