what's going on with the euro ?
- Thread starter gov
- Start date
Paulwirral
Active member
I once changed at 1.49 !
Smart money would be on the Euro dropping further.
If they embark on quantitative easing (printing money) which is a distinct possibility, then it'll certainly drop further.
I'm loving it for how cheap travel is becoming and property maintenance, taxes, etc., but not the value of property. Still that doesn't matter until sale time, so happy days
If they embark on quantitative easing (printing money) which is a distinct possibility, then it'll certainly drop further.
I'm loving it for how cheap travel is becoming and property maintenance, taxes, etc., but not the value of property. Still that doesn't matter until sale time, so happy days
Yes, the Swiss central bank was buying large tranches of euros in order to maintain the peg of 1.2 once they (completely unexpectedly) withdrew from the peg the exchanges went crazy - add in the Greece election uncertainty and the likelihood of QE and the euro could well fall a fair bit furthercossied said:
l i dream of the 1.55/1.60 returning , but if we sold up id much prefer it at parity I have a trip booked to France this year, the Euro is falling like a lead balloon.
So when / what rate do you buy at? 1.30?
So when / what rate do you buy at? 1.30?
DumfriesDik said:
Anyone who knew the answer to that would be a multi millionaire.
There's no reason for it to rise right now, but if it does you were too late. If not too early.
Just buy when you need IT.
Paulwirral
Active member
cj10jeeper said:
Exactly this , unless your buying property or a very expensive car , the real world difference in exchange rates is probably a few extra beers
mad4slalom
Senior member
I suspect the penny has finally dropped and they have realised that one size dont fit all, what is it? you cant fool all of the people all of the time . :|
get out fast & get into pork bellies 
some will have made money but it looks like its declining to me I shall be off to Spain beginning of March going to take a look at some apartments near Murcia that the banks are selling off
at 60% below original prices so i suppose this helps if it keeps going this way.
Still not sure about buying though the way things are over there but will have a look and see :!:
What would existing owners of property in Spain recommend about buying.
or :thumbsdown:
at 60% below original prices so i suppose this helps if it keeps going this way.
Still not sure about buying though the way things are over there but will have a look and see :!:
What would existing owners of property in Spain recommend about buying.
or :thumbsdown:Similar threads
