Latest euro rate

[Truth]

Its dropped today as I went in to buy !  🤣 . I'm keeping my powder dry for now

[billyd]

The Post Office rate is 1.1888 euros/pound today

[turkeyfoot]

Hi
There are plenty of UK events coming out this week.

On Wednesday morning we have the latest inflation reading.

This will be followed by Rachel Reeves' Spring Statement at Wednesday lunchtime, with more spending cuts expected.

Then on Friday, we have Retail Sales for February.

All big numbers, all this week.

There are plenty of UK events coming out this week.

On Wednesday morning we have the latest inflation reading.

This will be followed by Rachel Reeves' Spring Statement at Wednesday lunchtime, with more spending cuts expected.

Then on Friday, we have Retail Sales for February.

All big numbers, all this week.

The tough talk about tariffs will keep things interesting too.

Will the exchange rate move up or down?

Geoff

[turkeyfoot]

Hi
There are plenty of UK events coming out this week.

On Wednesday morning we have the latest inflation reading.

This will be followed by Rachel Reeves' Spring Statement at Wednesday lunchtime, with more spending cuts expected.

Then on Friday, we have Retail Sales for February.

All big numbers, all this week.

There are plenty of UK events coming out this week.

On Wednesday morning we have the latest inflation reading.

This will be followed by Rachel Reeves' Spring Statement at Wednesday lunchtime, with more spending cuts expected.

Then on Friday, we have Retail Sales for February.

All big numbers, all this week.

The tough talk about tariffs will keep things interesting too.

Will the exchange rate move up or down?

Geoff

The rate dropped to 1.16 ish after the tarrifs were announced by Trump, from 1.18 ish the day before

Geoff

[turkeyfoot]

Hi

Some interesting trends happening...

The Pound has made solid gains against the Euro rising to 5-week highs.1.1716 today

These trends are essentially a reversal of what happened in March and early April.

It's pretty much being driven by trade deals and a corresponding shift in risk appetite.

The US-UK trade deal has benefited the Pound with President Trump saying the UK is a 'great friend of the United States. (Time will tell lol )

The Euro has been a big loser recently, not only falling against the Pound but also against the Dollar

As investors are feeling more optimistic, the big institutional money is flowing out of the Euro and back into the US Dollar and Pound.

The level the Pound looks more vulnerable though.
On Thursday this week,  the latest UK GDP data will be announced. It's expected to show the economy has stalled to 0.0% growth ie no growth at all. Not good

This  could trigger the Bank of England to cut rates further, which would be Pound negative. Although there seems to  a division within the BOE is this the right time for another rate cut as inflation is expected to rise again

Geoff

[Eggy]

Bugger all that Geoff. You sound like a Conservative politician!
(Or is it a Nigel Farage lookalike?)

Just tell us what exchange rate you see.

Obviously I jest with you as I am a nice guy really.

I'm looking at £500 giving us e591 at the moment.

Cheers
Negg

[turkeyfoot]

Bugger all that Geoff. You sound like a Conservative politician!
(Or is it a Nigel Farage lookalike?)

Just tell us what exchange rate you see.

Obviously I jest with you as I am a nice guy really.

I'm looking at £500 giving us e591 at the moment.

Cheers
Negg

Hi

582.50 at the moment with John Lewis

Geoff

[Eggy]

Well that's John Lewis for you.! I expect you have to pay extra for a carrier bag!!
Negg

[Erja]

Just had a look at Post Office exchange rates and they offer 1 GBP - 1.1642 EUR today

[Vauxhall girl]

Hi

Some interesting trends happening...

The Pound has made solid gains against the Euro rising to 5-week highs.1.1716 today

These trends are essentially a reversal of what happened in March and early April.

It's pretty much being driven by trade deals and a corresponding shift in risk appetite.

The US-UK trade deal has benefited the Pound with President Trump saying the UK is a 'great friend of the United States. (Time will tell lol )

The Euro has been a big loser recently, not only falling against the Pound but also against the Dollar

As investors are feeling more optimistic, the big institutional money is flowing out of the Euro and back into the US Dollar and Pound.

The level the Pound looks more vulnerable though.
On Thursday this week,  the latest UK GDP data will be announced. It's expected to show the economy has stalled to 0.0% growth ie no growth at all. Not good

This  could trigger the Bank of England to cut rates further, which would be Pound negative. Although there seems to  a division within the BOE is this the right time for another rate cut as inflation is expected to rise again

Geoff
Hope it continues to increase ready for hols
VG

[Truth]

All everyone needs to do to get the best rate going is watch this space !  What I will do is every time I order Euros I'll post here that I have and what rate I got . Then you simply have to wait for two weeks from that point to buy and the rate will have shot up , it really is that simple !!!!   😂😂😂😂

[turkeyfoot]

Hi
A good little run for the Pound.
Todays best online rate 1.1814

Will buy 50% of my requirements today.

Geoff

[lin n jim]

We ordered ours last week from sainsburys got 1.17


Lin

[soniaP]

Well second time we have ordered euros online from the post office to collect at our local post office and second time we have been let down.

The first time we arranged collection was a couple of years ago and we turned up at the post office and they had a sign on the door saying they were closed due to staff shortages. This was a Saturday and we were going to Corfu on the Monday. We ended up collecting them on the Monday morning before going to the airport.

This year we thought they had a good rate which runs out today so ordered some Wednesday night to collect from yesterday and within 7 days. My husband went to collect them this morning and queued for 25 minutes only to be told they did not have enough euros and to go back on Tuesday.  Good job it is 3 weeks until we go but we won't be ordering from the post office again. 

[Vauxhall girl]

Well second time we have ordered euros online from the post office to collect at our local post office and second time we have been let down.

The first time we arranged collection was a couple of years ago and we turned up at the post office and they had a sign on the door saying they were closed due to staff shortages. This was a Saturday and we were going to Corfu on the Monday. We ended up collecting them on the Monday morning before going to the airport.

This year we thought they had a good rate which runs out today so ordered some Wednesday night to collect from yesterday and within 7 days. My husband went to collect them this morning and queued for 25 minutes only to be told they did not have enough euros and to go back on Tuesday.  Good job it is 3 weeks until we go but we won't be ordering from the post office again. 

Hi

Proberly better to have it delivered direct to home address

VG