Reply to: Advice Please

[tractor]

...

Instead of asking here, the OP should ask Merv, our man at the BoE. Whatever he tells you, do the opposite as he has never got a prediction right in living memory.

[TheFaQQer]

Read a clever chap the other day saying by autumn it will be 1.30 to the pound, and I can't see it recovering in the short term. Id hold fire.

That's what they were saying on Radio 2 on Tuesday, but to slide to 1.30 sooner than the Autumn.

Chances of the Greeks staying in the Euro are slim, which is going to drive it down further. Analysts give it 4/5 chance that they will leave; 3/5 chance that they will be forced out; 2/5 chance that they will stay in.

I'm waiting until just before my French holiday in the summer to buy.

[Old Hack]

Read a clever chap the other day saying by autumn it will be 1.30 to the pound, and I can't see it recovering in the short term. Id hold fire.

[darmstadt]

I can recommend this place, apparently Adolf used to use it...

[Platypus]

EMH

Emergency Medical Hologram ...

[scooby]

How did it go? When do you know the result? Do you expect to earn much more money from the extra gigs you can go for?

No idea, but EMH was one of the questions! 2mths for results. Im hoping the MBA (when finally finished...) will help me add a £1 or £2 per day, but i think it will carry more weight in the permie world...

[BrilloPad]

Had my corporate finance exam on Saturday, thats the only reason I know it!!

How did it go? When do you know the result? Do you expect to earn much more money from the extra gigs you can go for?

[scooby]

You learn something new every day with CUK - I had to look that up :-

Efficient-market hypothesis - Wikipedia, the free encyclopedia

Personally I believe that if you dont know there is a fool in the market then you are the fool in the market.

Had my corporate finance exam on Saturday, thats the only reason I know it!!

[Lockhouse]

Can you find out where I can get best rates to exchange £ to Euro please?

Thanks.

Thomas Exchange Global (if you're in London)

[BrilloPad]

EMH

You learn something new every day with CUK - I had to look that up :-

Efficient-market hypothesis - Wikipedia, the free encyclopedia

Personally I believe that if you dont know there is a fool in the market then you are the fool in the market.

[BrilloPad]

BBC News - Pound at 1.20 euros for tourists

Pound at 1.20 euros for tourists

Chris Towner, at specialist foreign currency firm HiFx, predicted that the pound should strengthen further.

"It is at very tempting levels, but sterling is still undervalued against the euro," he said.

"It should reach 1 euro 27, or 1 euro 28, in the coming months."

[scooby]

In theory markets already contain all the information so you will not gain or lose. But you are only talking about 3 weeks which is nothing really. In my opinion the Euro will now fall for the next few months until it splits (I reckon the Northern countries will leave).

Personally I would wait 2 weeks then buy. But I am usually wrong.

EMH

[Old Greg]

Also check out the post office, they have scaled rates depending on how much you change so the more you change the better the rate is. I am sure many other places are the same but I was in there the other day and they mentioned it.

Can you find out where I can get best rates to exchange £ to Euro please?

Thanks.

[fullyautomatix]

I really think you are over worrying yourself for just 2K. If the worst happens and Euro gets hammered completely you will only lose 2K.

Now if you are a day trader in foreign currency and constantly hedge tons of money you should be sitting there analysing the Euro election trends and guessing the long term effect of socialism in Euro zone.

[northernladuk]

Also check out the post office, they have scaled rates depending on how much you change so the more you change the better the rate is. I am sure many other places are the same but I was in there the other day and they mentioned it.