FabSwingers.com forum: Will the £ crash?

By *ara J OP TV/TS
over a year ago

Bristol East

I'm going to Spain for a holiday on December 15.

Do you think I should stock up now on €s, or wait until Parliament rejects the draft agreement with the EU and the £ goes through the floor?

I tend to buy quite a lot of cigarettes with my €s.

I would welcome your advice, naughty swingers.

(And no, giving up smoking is not an option

)

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By (user no longer on site)
over a year ago

"I'm going to Spain for a holiday on December 15.

Do you think I should stock up now on €s, or wait until Parliament rejects the draft agreement with the EU and the £ goes through the floor?

I tend to buy quite a lot of cigarettes with my €s.

I would welcome your advice, naughty swingers.

(And no, giving up smoking is not an option

)

go to dunelm and purchase as many buttons as you can afford

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By *oo hotCouple
over a year ago

North West

"I'm going to Spain for a holiday on December 15.

Do you think I should stock up now on €s, or wait until Parliament rejects the draft agreement with the EU and the £ goes through the floor?

I tend to buy quite a lot of cigarettes with my €s.

I would welcome your advice, naughty swingers.

(And no, giving up smoking is not an option

)

Tough call. Way too many variables but I am not sure that the GBP can fall much lower with only Brexit related fears as I am certain most of the fear is already priced in. Despite yesterdays drama, it only dropped 1.5% on the day and last time I looked this morning, it had rallied a little.

I am doing exactly the opposite, trying to time the repatriation of a large sum of $USD that I bought in 2007.

I think with continued bad news the GBP could drop below Euro1.1 especially if there is a Leadership battle, or it could rally to almost Euro 1.2 if she hangs in there and starts getting a bit of public support.

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By (user no longer on site)
over a year ago

Being the worlds worst currency speculator I have just bought my Bulgarian Lev for my January skiing trip. No doubt I am completely wrong and my friends and colleagues who are also going will sit that like cheshire cats enjoying Rates which mean that once again they can enjoy pints for less than £ 2 again

whilst I will still be stuck on £ 2.30 a pint. We shall see eh. One can but put ones money where ones mouth is, and this is a good example.

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By *xplicitlyricsMan
over a year ago

south dublin

Markets hate uncertainty. If theres a clear path forward the pound should stabilise. If theres a vote of no confidence and it passes then we're in uncertain territory and it might take another hit.

So depends entirely on what you think will happen next.

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By (user no longer on site)
over a year ago

"I'm going to Spain for a holiday on December 15.

Do you think I should stock up now on €s, or wait until Parliament rejects the draft agreement with the EU and the £ goes through the floor?

I tend to buy quite a lot of cigarettes with my €s.

I would welcome your advice, naughty swingers.

(And no, giving up smoking is not an option

)

Well it's hard to say. We have our UK account with a bank who make no charges on foreign transactions - so we get as close as you can to the commercial rate!

Having said that it doesn't answer your question - depending on how much your going to take but I would get 50% now and gamble on the other 50%.

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By *mmabluTV/TS
over a year ago

upton wirral

"I'm going to Spain for a holiday on December 15.

Do you think I should stock up now on €s, or wait until Parliament rejects the draft agreement with the EU and the £ goes through the floor?

I tend to buy quite a lot of cigarettes with my €s.

I would welcome your advice, naughty swingers.

(And no, giving up smoking is not an option

)

"
I would think best to change them as soon as possible,may sink a lot more before it goes up again

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By *plpxp2Couple
over a year ago

Middlesbrough

Market timing is anyones guess, perhaps the main thing is ensuring you get the best available rate possible. Using the tool on Martin Lewis site £100 would get you €114.61 at the best rate and €100.25 at the worst.

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By *ara J OP TV/TS
over a year ago

Bristol East

I am guessing that if the UK Parliament effectively opts for No Deal, the € will sink a bit, too. Not as much as the £. But it will take a hit too.

Swings and roundabouts.

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By *avidnsa69Man
over a year ago

Essex

"I am guessing that if the UK Parliament effectively opts for No Deal, the € will sink a bit, too. Not as much as the £. But it will take a hit too.

Swings and roundabouts."

The mid market rate is currently 1.123. On Wednesday it was 1.151 (buoyed by news that a deal was done-ish). Unless something positive happens, I can't see anything but a drop. I'm glad I transferred some money to my Spanish account on Wednesday!

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