Unbelievable Jeff Posted 13 April, 2015 Share Posted 13 April, 2015 So I am off on holiday to Europe twice over the next 3 months, but I am unsure what to do with currency. Currently the pound is extremely strong, and is making the Euro good value, so do I hedge and buy a lot now in the chance that Special Ed and his buddies get in and the currency rate potentially drops, or do I stick with it and a potential increase if Smug Dave and his buddies stick around? Any opinions on this, or any traders with any insight into what may happen, would be appreciated. Link to comment Share on other sites More sharing options...
Whitey Grandad Posted 13 April, 2015 Share Posted 13 April, 2015 Before my last trip to the Caribbean I took out a Halifax Clarity credit card because it is supposed to have no fees or commission for foreign purchases and I have to say that I was pleasantly impressed with it. We spent a lot of money and all the deals seemed to be smack on the official exchange rates. I also have a bank account in Paris and for Euros I tend to use that and top the account up with transfers when the rate looks good. Whenever I use that card in the Eurozone there are no fees whatsoever but I would not recommend going this far just to save a few quid. Might be worth looking at this: http://www.moneysavingexpert.com/travel/cheap-travel-money And Mehball is right, where you change the money will probably make more difference than the rate you get. Link to comment Share on other sites More sharing options...
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