Euro (€) Currency Thread

Eager_Saver

Hi Inspector Monkfish, when you said:

its all going to correct itself in a big big way

Do you think we'll see the GBP back at it's level of last october against the euro (~ 1.30) or even above?

inspector_monkfish

Eager_Saver wrote: »

Hi Inspector Monkfish, when you said:



Do you think we'll see the GBP back at it's level of last october against the euro (~ 1.30) or even above?

its possible
but by no means nailed on....

verona_2

Looks like it's on it's way back down again from yesterday. It just can't reach to that 1.15 mark.

inspector_monkfish

verona wrote: »

Looks like it's on it's way back down again from yesterday. It just can't reach to that 1.15 mark.

its been climbing steadily since 1.1285 at 9.00am today
currently trading at 1.1315

inspector_monkfish

1.1350 trading now

Loopy_Lobes

All looking good ahead of tomorrows EU interest rate figures.

mobby-2554

inspector monkfish would it be best to change my money today or wait until tomorrow?

Kingsd316

inspector_monkfish wrote: »

1.1350 trading now

Is this the Bank rate or tourist rate cause i can only find 1.1150

inspector_monkfish

Kingsd316 wrote: »

Is this the Bank rate or tourist rate cause i can only find 1.1150

thats the interbank forex market trading price


now at 1.1322

inspector_monkfish

mobby-2554 wrote: »

inspector monkfish would it be best to change my money today or wait until tomorrow?

depends if you are happy with the rate you can get right now

you can wait until tomorrow if you want, but if we do get some kind of upward spike straight after the ECB announcement, you have to ask firstly, will it filter through immediately to where you intend to change up, and secondly, will it really make THAT much difference, to where the price is today for the amount you want to change up?

and also, remember, if the markets don't like what happens, from a GBP point of view, we could also see a tumble tomorrow.....