Going to several European countries in Spring and early Summer. With the exchange rate riding reasonably high should I buy Euros now or wait a bit longer? It's likely the BoE will put up exchange rates on Thursday so that will quell the markets enthusiasm and people will start buying sterling, however, it's possible that's already in reflected in the current exhange price.
Thoughts anyone?
Ok, the answer is ..dang, crystal ball is broken again.
In message , Dave Parker writes
Do you really mean that?
Yes! Just look at all the media attention being given to the meeting next Thursday. All plc's give out negative information several days before official publication so when it is released the impact is lessoned. Why should UK plc be any different?
In message , Dave Parker writes
II meant the 'exchange' rates bit. Didnt you really mean 'Interest' rates?
Oh yes - whoops! Of course, I meant interest rates! [Turns, puts tail between legs and walks away slightly blushing!]
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