THE DOLLAR - AGAIN!!

[Elaine62]

Now thinking about buying some TCs before I go (8 weeks on Fridya) and see that it is going up a little.

Any ideas if the election here will make a difference? Should I wait until after 5 May or is it better to buy it now?

Any thoughts?

Elaine

[trevlad]

i am personally gonna hang on. labour stay - thats good stable. cons get in - thats good?? different set of liars

who knows

[msnsmile2]

[Jo]

Why not buy half now and half later - then you won't kick yourself if it goes the wrong way.[msnsmile][msnsad]

[Katys Grandad]

It's more a case of a weak dollar reflecting the US economy than the strength of sterling. I don't see the election result having any impact. Nice to see the £/$ nudging over £1.90 again though.

[amy]

On the finance programmes on Tv they are projecting $2 to the £ before the end of the year. But when you are talking in the relative small amounts of holiday spends its neither hear nor there to what it is now.

[andrewmckay5]

Trouble is Paul they were projecting that in March 2004 and October (ish) 2004.
Quite right though where holiday spending cash is involved it is neither here nor there; as I've tried to explain to my Mum several times when she has given me her £200 to change up[msnsmile2]
andrew
PS how long till you close?

<blockquote id="quote" class="ffs">quote:Originally posted by amy
On the finance programmes on Tv they are projecting $2 to the £ before the end of the year. But when you are talking in the relative small amounts of holiday spends its neither hear nor there to what it is now.

[/quote]

[ravtino]

On paper it looks good at nudging 1.90 but the post office is still just over 1.80

[Snapper]

The bottom line Elaine is that nobody knows. Everyone has an opinion but nobody knows. Even the currency dealers down in London who will be dealing the dollar at 8am tomorrow morning don't know.

Best advice, buy your TCs now and then don't look at the exchange rate again. Spend the time looking forward to what you are going to do first when you land in Florida rather than worrying about the exchange rate.

[flyrr100]

Get them while they're cheap. It's swings and roundabouts. This time next year it'll be back to $1.20 to the pound.
(And about time too! It's our turn to have some cheap vacations!)

[Calamity Jane]

Just going slightly off tangent on this subject.... to all owners, if the dollar rate went as low as what flyrr100 mentioned, would you then set your US rates accordingly or would you keep them as they already are?? I dont use a currency convertor, I just have set rates.

Just a thought.