cookstar

iTrader: (6)

I'm getting married in the Euro zone in July, what are your predictions as to the exchange rate between now and then, as there is quite a bit of money involved I'm hoping and preying that the Euro will drop off a bit against the Pound between now and then.

What do you guys think will happen between now and then?

Dedrater

I can not really help Cookstar, but what I can say is.. Watching the people get lairy, Is not very pretty, I tell thee Walking through town is quite scary, And not very sensible either, A friend of a friend he got beaten, He looked the wrong way at a policeman, Would never have happened to Smeaton, An old Leodensian.

TopBanana

The pound has always done well in the run-up to elections.

scarey

dependes alot on the greek economy I think.

If you are lucky you might get 1.3 euro to the pound at best.

talking to our mainlane europe customers they do not think the euro will drop much, and a few even think it will get stronger!

Trout

iTrader: (1)

dpb

1.3 ? !

Mitchy260

1.2 if you are lucky.

AbbasSTI

iTrader: (37)

If I was you, I would get my euros asap, the euro was really strong and will most likely get back there, when is impossible to predict. Euro 1 for 1 against the pound will happen imho but when is probably a long way away. If your transfering big money don't use your bank, currenciesdirect and many other companies will give better rates,

alcazar

iTrader: (2)

Aye, avoid banks.
I usually trawl round the High Street, teling them I'm changing "over £1000" which results in a decent rate.
Even a rate plus of €0.01 results in an extra €1 for every £100 changed, so worth doing.

My guess? In my expereince of Euro watching over the last eight years, (since we bought the house in France), the rate ALWAYS drops away just before a holiday

TopBanana

I'm transferring some money from a Sterling account today, getting 1.135926 euros to the pound. Also a £25 transfer fee

davyboy

Industry experts don't know........

But the SN collective has the answer.

Now, can we start working on a cure for cancer?

scud8

iTrader: (1)

As another poster says, a lot depends on what happens with Greece. If they can get their house in order and bring their deficit down (and no more debts hidden by the previous government surface) then the Euro will probably strengthen. If Greek government bonds come under more pressure then it depends on whether Germany decide to sanction a bail out. If they do then I think the Euro will drop significantly - if they don't and Greece ends up dropping out, then the Euro could strengthen significantly.

It's all political, so I wouldn't like to have to bet either way. EU regulations say there should be no bail outs, but there is allowance for one if the crisis is caused by factors beyond a government's control - why is why the Greek government are claiming it is an attack by speculators and nothing to do with their ballooning deficit.