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By (user no longer on site) OP
over a year ago
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We have just had a warning about the exchange rate. They are predicting a parity level as we move closer to the vote. They are suggesting change now. Just thought I'd share this for those who are coming this summer. |
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"We have just had a warning about the exchange rate. They are predicting a parity level as we move closer to the vote. They are suggesting change now. Just thought I'd share this for those who are coming this summer."
. A bit of a difference compared to the. 1.40 rate last summer. Not quite the type of news you want to see when reading the Sunday papers .
The only good news is that if you are invested in companies with a strong export market, their share price may go up. |
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By (user no longer on site)
over a year ago
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In my view It's too late to buy Euros now to save yourself pain. Most of the risk has now been 'priced in'.
There might be a big, temporary jump in Sterling if the vote goes in favour of Europe.
The next Euro crash is only a matter of time (Italy or Greece) but it wont be in time for this summer at the Cap. |
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