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buying euros: now o...
 

[Closed] buying euros: now or wait?

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[#3974325]

any armchair economists want to call it?

buy now or wait until august?


 
Posted : 14/05/2012 7:13 pm
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I would hang slack for a couple of weeks, watch what happens in Greece, France and Spain. Greece could implode if they cannot form a government and agree to austerity measures. Spain has the potential to get messy with 25% unemployment. Where France goes with a new president will also be interesting if he does not embrace euro fiscal restraint. I'm only interested as I'm paid a split of sterling/euros, things are getting better for me as the euro struggles.


 
Posted : 14/05/2012 7:30 pm
 br
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Based on how I never carry more than £100/E100/$100 in cash and always use my CC's, its not really worth worrying about it - your holiday will be either dearer or cheaper.


 
Posted : 14/05/2012 7:41 pm
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I doubt it,all make a vast difference for holiday spending quantities

But ...... I need about £1K worth
My plan is to buy if it hits 1.25 or 1.20 at Fairfax


 
Posted : 14/05/2012 7:42 pm