Will the EX Rate ever go back up?

Yes we are out on Saturday, hoping it might go up a bit more.  So fingers crossed.

Pat

It looks like sterling is going to lose more value unfortunately, according to an article (currency war looms) I just read on; expatsinspin .org, the prediction is it will go down to 1.10. I regret not changing my sterling to euro, I was hoping it would go up !!

Just published the following article in today's newsletter. 

The Pound and Euro Face Uncertain Times

I'm still confused though

Justin

More doom and gloom folks, sorry .

Well, Xe are now quoting 1.13.8, so still a downward trend. Watching the news last night about the impending currency wars with the Dollar, Euro, Yuan and Yen means a potentially shaky future now. Had hoped it would have gone up a little bit so that I could buy an extra chorizo when out nextt week .

I told my friend that is coming with me to wait until in Spain to get his currency from the ATM with his Nationwide card, but he went into Thomas Cook and got 1.15 during the week!! Wish i'd done that now .

Mark

I've recently been sent a replacement Nationwide FlexAccount Card and learned that as well as being charged for withdrawals abroad from 1st November, I can no longer use the new card outside the UK.

Nationwide is now in the process of restricting "free" use of their cards only to savers who pay a monthly sum into their accounts.

However, I have a Visa card which I sometimes use  and repay in full when the bill comes in, the rate quoted yesterday was 1.15. 

The website for this is: 

http://www.visaeurope.com/en/cardholders/exchange_rates.aspx

CAM Bank are also offering prompt, free transfers from our UK Bank account to their account in Spain and also offer a favourable rate.

Hope this info is useful.

If there was ever a day when you could confidently predict that that the pound would rise aganst the euro it was today, the euro zone in crisis talks with both Ireland and Greece.

Of course you've guessed it, the pounds down over half a percent at 1.1746 interbank.

WHY!!!

Will the euro continue to increase, at 1.205 as of close yesterday. Anyone got a crystal ball?

 1.135 today. What a roller coaster ride this currency lark is .

Mark

 It's just over 6 months since you last posted about this, markfish, and, guess what?  It was 1.138 then.  Oh for the heady days of January when it was 1.20.  However, either next week or the week after will be the ECB and BOE decision on interest rates which may see it jump up or collapse.  

(But don't listen to me, I'm the one who had an endowment policy and bought property to build up a fund for my old age - guess what?  Old age is here but the fund isn't).

At least it's consistently crap then Bob 

Mark

Looks like eurozone interest rates are going up sooner than expected.  Not great news if you have a mortgage in Spain...

I've been taking advantage of the exchange rate recently to get shot of most of my euros.