Euro has hit 1.14 on the money markets tonight.
Still not tempted to visit a euro country , haven't been there for a holiday for years, places like Vietnam or Goa are such good value in comparison.
1.146 getting closer to 1.15 now, let keep on rising in time for when most people go away in the school hols.
Hope so I am keeping my fingers crossed the more spends the better!! .
1.15 is a resistance level if it breaks through 1.15 and then it will become a support level. So if gets above 1.15 its not likely to fall back.
Better be more when I go on august 9th, gonns take over a grand anyway and I am going half board, still gonna enjoy even if its a little more expensive, wont stop me going to my fave destination..
Euro has hit 1.15 today on the money markets, still not fully through the resistance and this attempt could fail but the next attemt would go through.
Can't think of a User name - I hope you're right. It's time things started to improve now.
1.154 tonight, fell back from 1.150 to 1.146 but on the second attept went through
Great stuff. Let's hope it's a good sign.
Hit 1.16 now, let it keep on going. I think when the £ does start to motor it will hit around 1.30, time scale is uncertian because traders will profit take and a fall back is likely before another push higher.
I will be keeping my fingers crossed for at least 1.20 for when I go away in July
Crown currencies are offering 1.1675 for august delivery.
Visa rate today is 1.16 too.
The £ is holding up nicely 1.164, it might not be much compared to the average 1.40 we used to have but a15% off everything you buy compared to a short time ago is a nice little bonus. My target price is 1.35 but time of the euro getting there is uncertain. One the euro gets to 1.35 it will be time evaluate its next move if it will keep the rally or it will drop back on profit taking, if it did drop back profit it won't anywhere as near as low what it is now, I would look for support at 1.30 and at 1.25 but then I will expect another push north to new highs. If the BOE starts to raise interest rates and it looks like rates are going to keep on rising expect a rapid move upwards.
tourist rates on teletex say 1.1271....they do seem to be slowly improving and am holding back hoping for futher improvements over the next 4 weeks.....are you lot quoting the bussiness rate.....in the past have gotten this on the high st if changing £500/600 and no commission......if getting off the net have to consider visa charge as same as drawing cash.......
Once rates start to rise the £ will shoot up, part of thisn weeks rise was on hope rates would go up.
Holiday brochures for summer 2010 will be released on 25 June 09
This is what some travel agents are now displaying in there shops
Slight recovery to 1.144 so hopefully after that drop we will see another rise.
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