USD - GBP Grexit Movement
USD - GBP Grexit Movement
Author
Discussion

oilydan

Original Poster:

2,030 posts

301 months

Thursday 18th June 2015
quotequote all
What is the PH opinion on the effect on the USD to GBP exchange rate if we see the Greeks heading out of the Euro?

There has been a steady shift over the past few weeks - in the wrong direction for me paid in USD and transferring to the UK.

How much salary am I going to lose, if any, and why do you think it will move in any direction, if you think it will?

contango

2,394 posts

284 months

Thursday 18th June 2015
quotequote all
If you don't have a real view, follow what most corporates do and just hedge your payment flow with a forward or 1/2 of the position if you still want some exposure.