Where's the dollar headed?
Discussion
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
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

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.
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.
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