Cashing out of Euros
Discussion
Hi all, I'm looking for thoughts. We have just sold a house in France and getting paid into a French bank account, the funds should clear over the next few days.
I'm thinking about when to convert from Euros to £, especially with the QE announcement today. Would you convert ASAP or wait a little while to see if the Euro strengthens.
It isn't a massive amount, about 120k Euro, but still a few % movement can make quite a big difference.
Thanks
I'm thinking about when to convert from Euros to £, especially with the QE announcement today. Would you convert ASAP or wait a little while to see if the Euro strengthens.
It isn't a massive amount, about 120k Euro, but still a few % movement can make quite a big difference.
Thanks
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