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Now a good time or wait a few weeks to see how/if the Greece situation has an impact?
How many? Over a million?
Do you want to carry all your holiday cash round with you?
What will a 10% shift do to your holiday budget?
If any one gives a cast iron answer then back them and put your house on it 😉
Yes…a million…how did you guess? 😉
If anybody could answer that question there wouldn't be this mess... 😉
No-one knows, it's all guess work. I've bought half what I want for 3 months in Europe this summer onto a caxton fx card so i've fixed the rate but not got to carry the cash around. I'm hedging my bets on the rest, if it starts to get sorted and fall i'll buy the rest.
Whatever happens we're all better off biking in the alps this summer compared to the past few!
I'd wager that there will be a Grexit soon and the Euro will dip lowest around about that time, then recover once everyone realises that the world didn't implode.
Remarkably stable all things considered. Probably means that ST downside is limited and buy at 1.41
We are hedging and buying half today, and half in a month
I've bought mine. But I giot them all in one go, largely because I;m going to Italy and it's insanely expensive enough as it is without having to incur ridiculous debit and credit card costs.
M&S (using my M&S credit card) @ 1.39 last week.
Any unspent (hah!) can either sit in the drawer until the next holiday or I'll do a deal with one of you....
Hit 1.44 today, which is the highest since 2007.
Where did you get 1.44 from and how much did you have to buy i.e did you get a better rate for a large buy
1.44 is the inter bank rate, us mere mortals get a bit less. I dont think it will get much better than 1.48 or worse than 1.40 in the next few weeks, so if its 1.44 now, unless you are buying millions as others said it aint going to make much of a difference.