Buy my holiday Euros now?

[911motorsport]

Now we've started down the printing 'new' money road;

Booked my holiday for July. Would it be a good idea to buy my Euros now?

[Harry Flashman]

If I knew the answer, I'd be a multi-millionaire by July.

[Sarkmeister]

Im off to Europe in July and slightly tempted to do this as well. Really hoping someone comes forward with a good reason to (or not to) do this.......

[911motorsport]

Where's all the so called financial experts when you need them for something really important

this is my spending money we're talking about here!

[Ikemi]

I'm off to Italy in a fortnight and I'm not entirely sure whether to purchase Euros from the Post Office or hope for a better exchange rate from an ATM machine when I'm in the country!

[andy-xr]

I wouldnt say a Eunos is just for holidays, but it's your money

[s2art]

The stains are showing within the eurozone, so its only a matter of time before something breaks. The question is, do you feel lucky?

[jagracer]

I think you should have bought them last Friday. I'm going to Belgium for a few days in July and although I usually pay most things by credit card while abroad I have a race to pay for up front in Euros so I'll take a chance and wait as long as possible before paying.

[911motorsport]

umm

[Sarkmeister]

Im tempted to buy half now, and half later.....

[911motorsport]

Sarkmeister said:

Im tempted to buy half now, and half later.....

[DSM2]

Sarkmeister said:

Im tempted to buy half now, and half later.....

That's the way to do it!

[BOR]

It's stupid for the ill-informed to speculate on these things, but it is fun, so here goes.

I think GBP/€ is now in a trading range between 1.05 - 1.15 . I have no evidence to back this up, but it seems like it is now bouncing up and down depending on who has the worst news each day.

Plenty of bad news still coming out of europe.

Quantative easing is something completely new to me, well, most of us I presume, and I assume europe will also follow this path to a greater or lesser extent than UK.

[Puggit]

Pound isn't doing so well today, down to 1.09 from a peak of 1.15 in recent days.

As per above, I believe the Euro washing will be out to dry soon for all to see - my totally non-expert advice is to wait. As I have a mortgage in Euros, but paid in pounds, I'm keeping a close eye, but not showing my hand yet...

[jagracer]

BOR said:

It's stupid for the ill-informed to speculate on these things, but it is fun, so here goes.

The ill informed can't do any worse than the fk up the well informed seem to have made in recent months.

[mybrainhurts]

Euro's overvalued, shortly to collapse...

Wait...

[sone]

mybrainhurts said:

Euro's overvalued, shortly to collapse...

Wait...

Agreed on this, what's the best way to make some money out of it tho?.

[GingerWizard]

Wait. It won't get any worse, but MIGHT get a whole lot better. I get paid in Euros and sterling, depending on where i am working and the feeling is that the euro is massivly over valued at the moment.

I would wait any how.....

[siscar]

I'd wait - anything could happen but it looks more likely that the euro will weaken and not strengthen

[Ry_B]

I'm also going away to Europe (Spain) in June time. Thanks for the advise, will wait a bit longerthen