Where's the dollar headed?
Where's the dollar headed?
Author
Discussion

JDMTim

Original Poster:

1,138 posts

251 months

Friday 31st October 2008
quotequote all
Travelling to the US in a couple of months and am slowly building up some spending money, i bought $600 at the end of september at a rate of 1.8..

Is it likely to return to that or get weaker before December or should i buy now at 1.6?

Cheers

PS. I know this has been asked alot but search is naffed frown

Scott328i

18,294 posts

231 months

Friday 31st October 2008
quotequote all
Look up crystal balls on ebay

I am also going next wednesday but nothing is a certain so buy when you feel is right.

I posted the same thread and got no answers

JDMTim

Original Poster:

1,138 posts

251 months

Friday 31st October 2008
quotequote all
Haha, i know, but my knowledge of markets, etc is lacking and wanted to make an educated guess rather than a stab in the dark.

I looked at some forecasts and they suggest the dollar will be back to 2.0 by Christmas (that's when i travel) so am in two minds whether or not to wait.

Bit of a gamble whatever i do, i can't see it getting any weaker though, so might give it a week or so before i make my mind up.