Euro (€) Currency Thread

Baldur

Luke90 wrote: »

As of today where is the best place to change POUNDS to EURO's?

Thomas Cook? or another outlet?

Try the Travel Money Maximiser - if you are in London, collection from Thomas Exchange (not Thomas Cook) appears to offer the best rate today at 1.1660.

inspector_monkfish

1.1680 trading in the markets now

billykeats

What's made it do that as it was looking so promising?

inspector_monkfish

there were some comments from a Bank of England economists that didn't sit too well with GBP. Got sold off against USD and EUR as well as other currencies.

There is also a refi auction tomorrow in Euro. which is also affecting the rate in -ve way for GBP. I'll see if I can dig out some official info.

It will bounce back though.

1.1665 at mom

inspector_monkfish

Here you go.......

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10:21 23Jun09 EUR/GBP: 0.8565 Offers Tested as Ascent Continues

[09:20 EUR/GBP: 0.8565 Offers Tested as Ascent Continues] London, June 23.

EUR/GBP has just tested 0.8565 offers as the cross continues to benefit from ECB 1-year refi auction-related buzz (the result of the auction is due at 09:15GMT tomorrow).

BoE Chief Economist Spencer Dale"s Reuters-reported comment that "buying gilts from foreign investors can have beneficial impact through weaker FX rate", as he defended the effectiveness of QE (<TGM42331>), has also helped to buoy EUR/GBP. 0.8476-0.8508 was today"s Asian session range. 0.8400 was yesterday"s six-month low.

Doshwaster

Simstwins wrote: »

I do hope so, I've been holding off buying my euros to pay for the holiday apartment this summer - I'm rather hoping it gets to 1.2 before the end of July!

Hopefully it will get there for the start of July. I'm off to Spain in 2 weeks.

muchacho

Doshwaster wrote: »

Hopefully it will get there for the start of July. I'm off to Spain in 2 weeks.

Ditto... well, a week on Saturday.

Simstwins

muchacho wrote: »

Ditto... well, a week on Saturday.

Well it sounds that we all need it to keep improving then so we can all buy extra jugs of Sangria to help the poor Spanish economy from collapsing:beer:

billykeats

That's provided they haven't put the prices of Sangria up to combat the collapse in teh economy

leew

quick question guys? what rate do you get if you get money out abroad using a Nationwide card in a bank's ATM?

we are off to Greece on Sunday and was wondering this, also where is the best rate on the high street to get a small amount of Euro's to 'tide' us over while we find a ATM?

Thanks in advance.