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The annoying thing, for me at least, is to see the ACTUAL parity rate on GMTV in the mornings.

When I was getting 1.4, the parity rate was 1.53!!!

There's no wonder the banks etc DON'T want the Euro. They must make billions a year just on exchange.

Alcazar

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Dave and Olive, ah that you had a crystal ball that worked. Are you really telling me that I will have a financially rosey time ahead. I've seen too many fluctuations with these things to do more than be thankful that I've been gaining a bit over the last year, which offsets against my future poor exchange rates. I'm far too an old hand to imagine anything different.


The trouble is that it may be good at the moment, but you really have no way of knowing that it won't get better still for you, and worse for me.

 

 

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  • 2 weeks later...
This gets to be a real pain. I earn in both $ and £, so i'm always attempting to get the best € rate. Needless to say my $ are staying in my carib account for the time being and the same for most of my £ income. With exchange rates, tax and account interest it seems better to keep cash out of the Euro for the moment.

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Well, the result of the election may cause the exchange rate to do... something.  But then, so might France's constitution vote at the end of May. It could be an interesting month. As to what to do...  Get my bank ready to do what I tell it, I suppose. That'd be a first.
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I'm another regular $/£/€ juggler. As I understand it, the euro/pound issues are dwarfed by global oil price and US deficit concerns. I would say the £/€ rate is going to be********d around almost randomly in the crossfire of this for the next few months until this settles and any attempt to guess is pointless. I have heard talk of a massive dollar fall if the US deficit is not cut...

On a positive note shopping in the US is great right now :-)
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