Buy Euros !

[joggerjayne]

Surely only three things need to be said today ...

(1) Buy Euros

(2) Buy them right now

(3) Buy lots of them

1.20 + ... !!!

[Old_Geezer]

Is this a hot tip JJ ?
Should they be German Euros, or will any do ?

[joggerjayne]

Maybe not Greek !

The Euro is having a bit of a flap at the mo, and it's at 1.20 plus.

It's not so long ago that I was buying them at 1.03!

The exchange rate may go even further (if you're brave, and want to edge the margins), but it can't stay that high. The UK trade position is not good enough to keep GBP this strong against the Euro.

If you use Euros a lot, like me, or if you're going away any time and will need Euros, or if you just fancy a flutter ... even with commission and the difference between buy and sell rates, I think you'd struggle to lose out.

[New Judge]

You're quite right about the relative strength of Sterling, jayne.

But you need to factor into your "gamble" the very real risk to the currency as a whole when Greece officially goes skint (which some observers put at only a matter of weeks away). There will certainly be a period of severe instability following that event which may see the value of your investment taking a tumble!

[New Judge]

And by the way, Jayne, bear in mind that 1.20 is the bank exchange rate. You'll only get about 1.16 to 1.17 in the High Street.

[exdc]

test

[IMG]http://i43.tinypic.com/2ag82sk.gif[/IMG]

[exdc]

Sorry, was trying to post a pic of the Eur/Usd chart but obviously I do not know how !

[Squitty]

just take the excess bits off the ends

http://i43.tinypic.com/2ag82sk.gif

[exdc]

Thanks Squitty

[pilotlight]

Suitty, shouln't your post be in anneasqiths leader in Body and Soul ?

[pilotlight]

*Squitty

[murraymints]

JJ you need to find a boyfriend here ...less complicated..