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Post Info TOPIC: Keep an eye on the Euro


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Keep an eye on the Euro


With Greece, Spain and Portugal struggling badly, the Euro continues to decrease in value against the dollar.  Today, its down to $1.33 to the Euro, its lowest level in 10 months.

If Greece's government defaults, I suspect the Euro will continue its downward trend...making it a little cheaper to travel in Ireland this summer. 

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Zstep,

Thanks for your posting. I have been keeping an eye on the euro as well as the pound since that is used in No. Ireland. Today the pound is only 10 pence more than the euro. That makes Northern Ireland an excellent deal.

I remember about 15 years ago when the Irish punt was equal with the dollar. If that happens again with either the pound or euro I'm getting a bunch for future trips.

Michele



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Veteran Member

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Today the Euro has dropped to its lowest level in almost 2 years, $1.30 to 1E.  GBP is down to $1.51 to 1 as well.

Summer travellers, keep your eyes on this as it could affect when you should pay for certain things like hotel rooms or if you change money early or not.

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Latest take / projections:

http://finance.yahoo.com/news/European-debt-woes-drive-euro-apf-365307123.html?x=0&.v=8

It should be noted that as I add this, the Euro is trading (after hours) at 1 to $1.2973 and the Pound is at 1 to $1.5136.

Bob

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Bob

Help Us to Help You.  The more you tell us about your plans (dates, interests, budget), the better we can tailor our advice to suit!

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