lovestotravel
Senior Member
- Joined
- Sep 18, 2008
- Posts
- 7,039
so trying to judge the best time!
Another "Dubai scare" could send the markets tumbling for more than 24 hours I think...
Interest rates probably rising today, but the markets will probably take that into account already.
If anything holding off will be best, but the Dubai scare was out of nowhere and who knows what else may pop out at any time.
The peak was £0.57 and it's currently £0.55
So if you were to move $10,000 it's only $200 in it..
I need to move some more money to the USA before Xmas but will be waiting about 2 weeks, I think she can hit 0.93 in about two weeks.
At the end of the day it all depends how much you are moving really. I try to be nice to people who are fretting over converting $500 Aussie into US Dollars and the $10 difference if they had of converted about a week or so ago.... This is of course just before they go off and spend $4 on a cup of coffee from the cafe... :shock: