Latest euro rate

Started by turkeyfoot, April 01, 2021, 09:38:27 AM

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turkeyfoot

Hi
Its creeping up

Best online rate 1.1508

Geoff
It is better to remain silent and be thought a fool, than  to speak up and remove all doubt.

Greenbeans

Got 1.14 at Hays travel last week, in shop.


GaryS

Got 1.145€ at Sainsburys using nectar card for better rate last week.

turkeyfoot

Hi
On line rates still stick at at 1.156
See the ''experts'' view


This morning the latest inflation data has been released.

UK inflation has come in at 8.7% - much higher than elsewhere.

By comparison, US inflation is down to 4.0% and the Eurozone down to 6.1%.

The Pound's strength in recent months is because the Bank of England is going to have to remain very tight with monetary policy.

Tomorrow the Bank of England meets again and another interest rate hike is almost a done deal.

But there's only so much the UK economy can take.

So the outlook for the Pound is less certain over the coming months.

Last week the Pound hit a 14-month high against the US Dollar and a 10-month high against the Euro.

It's a run that may be hard to sustain.

Over time, the UK is likely to get in sync with its peers and the Pound's advantage will end.

The message is it's still a good time for buyers of Euros or Dollars.


Geoff
It is better to remain silent and be thought a fool, than  to speak up and remove all doubt.

turkeyfoot

Hi
Its creeping up slightly
1.1602 on line

Geoff
It is better to remain silent and be thought a fool, than  to speak up and remove all doubt.

Truth

I got mine a few weeks back at 1.145 so expect it to keep on rising now 🤣🤣
Wolverhampton Wanderers, pride of The Midlands......

soniaP

Tesco always good as they will price match. That is where we got ours 4 weeks ago for our holiday.  In our area Ramsdens tend to be the cheapest and they price matched  it.

turkeyfoot

Hi

Bought 50% of our holiday money at, as near as dam it , 1.17.
Todays best rate is 1.1549

Hopefully after the now expected BoE interest rate increase in August, the exchange rate it will increase a little more.

Geoff
It is better to remain silent and be thought a fool, than  to speak up and remove all doubt.

turkeyfoot

Hi
It is time to to start looking at the current rates. Have started to rise a little.
Todays best on line rate is 1.161

Geoff
It is better to remain silent and be thought a fool, than  to speak up and remove all doubt.

Truth

Who's that with Geoff?  Got mine off FairFX at just under 1.148 last week and its gone down since then.
Wolverhampton Wanderers, pride of The Midlands......

ron

ron

turkeyfoot

Quote from: Truth on April 14, 2024, 10:27:49 AM
Who's that with Geoff?  Got mine off FairFX at just under 1.148 last week and its gone down since then.
Hi
Covent Garden FX
Geoff
It is better to remain silent and be thought a fool, than  to speak up and remove all doubt.

Truth

1.153 today. Good rate. I changed £1700 to go to Portugal in May. I'd have had a  couple of extra beers if I'd used this lot 🤣
Wolverhampton Wanderers, pride of The Midlands......

turkeyfoot

It is better to remain silent and be thought a fool, than  to speak up and remove all doubt.


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