18 September 2013

The fx pros and cons

While we are on the subject of financial matters, if you are thinking of a winter holiday in the Florida sun or of a skiing holiday in Europe, now may be the time to consider buying foreign currency.  The pound is now worth over 1.59 dollars or over 1.19 euros (see here), in both cases higher than it has been since last winter.

Unless, of course, you think that the pound sterling may rise further ...


No comments: