Euro (€) Currency Thread

harryhound

That would be the Greek 3/5ths of the Island?

pcolman1

yes, Portaras

Kingsd316

Looking good, 1.18054 at the mo

pcolman1

yes looking good. we booked at when the travel exchange rate was 1.04, so already we've made a good saving.

A strange way to go about to be honest, it's the first villa holiday where this payment arrangement has happened. if we had paid up then I'd be a bit depressed looking at the rate now.

I just want to find out whether to pay the travel money exchange rate or pay through a card and benefit from the sterling exchange rate even though charges will be made.

inspector_monkfish

1.1815 trading

bigjoneh

trading at 1.1819

inspector, do you reckon this weeks expected inflation figures have already been factored in.

inspector_monkfish

bigjoneh wrote: »

trading at 1.1819

inspector, do you reckon this weeks expected inflation figures have already been factored in.

no, no-one knows what they are yet !!

bigjoneh

inspector_monkfish wrote: »

no, no-one knows what they are yet !!

Fair point! bit of a stupid question now i think about it.

inspector_monkfish

bigjoneh wrote: »

Fair point! bit of a stupid question now i think about it.

no worries.... i found this...

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[14:28 EUR/GBP: Consolidating Losses, UK Inflation Data Tomorrow] London, June 15.

EUR/GBP is currently trading 20 pips above the fresh six-month low of 0.8449 plumbed earlier this afternoon (BST), as it consolidates losses from 0.8867 (June 5 high). Contrasting optimism about the outlook for the UK economy and pessimism about the outlook for the German economy is helping weigh on the cross (the German economy is the largest in the EZ).

0.8473 (recovery rally high from 0.8449), 0.8482 (Friday"s floor), 0.8497 (Friday"s early Europe low) and 0.8511 (today"s Asian session base) are EUR/GBP resistance levels. Touted bear targets include 0.8400, 0.8350, 0.8300, 0.8225 (Nov 28 low) and 0.8000.

UK inflation figures for May will be unveiled at 08:30GMT tomorrow (Tuesday). These are expected to reveal that annualized CPI has fallen to 2.0%, from 2.3% in April.

inspector_monkfish

1.1802 trading