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Re: Euro down to $1.17
[Re: jaxon60]
#34487
01/29/2015 11:30 AM
01/29/2015 11:30 AM
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Joined: Feb 2010
Posts: 192 Columbia, SC, USA
DandM29212
Traveler
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Traveler
Joined: Feb 2010
Posts: 192
Columbia, SC, USA
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While it has dropped to 1.135 as of today over the past two weeks of this post (3%), it does seem to have strengthened over the past few days, up from 1.124 or so. Forecasts for the next several months remain downward to the 1.1 range, but one should consider or wonder if we've hit a bottom.
(Gee, combined with the recent volatility of airfares, a trip to SXM requires either an economics doctorate or a crystal ball! )
Seems prudent for Americans to consider prepaying half or maybe all of their upcoming Euro-based vacations and locking in at least some of the current savings.
Lots of the currency forecasts online are old enough to be irrelevant. While everyone knows you can't predict the future or even 5 minutes from now, does anyone have an online source they consider in their opinion or experience to be insightful, credible, or "generally reliable"?
Any other current (1/29) thoughts?
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