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  • Hedging/purchase Euros
  • andyrm
    Free Member

    Hi all,

    Looking to make a decent size purchase in Euros, seen a few people on here recommending companies to hedge via – but can’t find the thread.

    Who’s good at the moment?

    Cheers!

    Trimix
    Free Member

    Greek people will be desperate to sell you Euros.

    DiscJockey
    Free Member

    exchange rate is looking nice again 🙂

    offthebrakes
    Free Member

    I gave some advice on this thread a few weeks ago – might have been the one you were thinking of.

    Stoner
    Free Member

    YOu will need a Euro denominated account.

    Barclays will let you have one for free, attached to your existing current account. They obviously want to fleece you by offering a really crap rate when you move funds from your sterling current account to you Euro account – dodge that by sending the money via transferwise to your Euro account.

    I recently had a sizeable Euro purchase so moved chunks of sterling into my euro account over the course of 2 months so as to minimise timing risks.

    With the rates where they are now, I might hedge a bit more as Id expect the rate to soften again after the general election if anything other than a conservative majority is the result 😉

Viewing 5 posts - 1 through 5 (of 5 total)

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