Hi guys
First off apologies if this is in the wrong section. I am off to Florida in September (I know - still a LONG way off) and I am wondering wether it is a good time to buy dollars or not. I know it is impossible to determine what exaclty will happen in the financial world but I was in Ulster Bank last Friday and they were selling dollars at $1.35 to €1. I was in PTSB today and they quotes $1.31 to €1. Again I know you can't compare these figures too much as they are different banks and will have different figures but it seems as though the value is dropping. Do you guys think they will continue to drop and therefore starting picking up dollars soon or do you think they will go back up and therefore take the risk and wait?
Thanks for the help
First off apologies if this is in the wrong section. I am off to Florida in September (I know - still a LONG way off) and I am wondering wether it is a good time to buy dollars or not. I know it is impossible to determine what exaclty will happen in the financial world but I was in Ulster Bank last Friday and they were selling dollars at $1.35 to €1. I was in PTSB today and they quotes $1.31 to €1. Again I know you can't compare these figures too much as they are different banks and will have different figures but it seems as though the value is dropping. Do you guys think they will continue to drop and therefore starting picking up dollars soon or do you think they will go back up and therefore take the risk and wait?
Thanks for the help