View Full Version : Dollar going strong: go to London now or wait awhile?
coolio
10-31-2008, 09:34 PM
I held off going to Europe (primarily London) this past summer because of the weak dollar. Now, it looks like it's getting stronger. Are we peaking now or do we have more to go?
John Law
11-01-2008, 10:11 AM
who knows? I have seen predictions that we could be headed for a 1:1 ratio again with the Euro, but so much depends on government decisions rather than things being indicated by the market. I certainly wouldn't include Japan in my trip right now, but London is starting to look a lot better. And Australia looks really good too.
aiki14
11-01-2008, 12:14 PM
who knows? I have seen predictions that we could be headed for a 1:1 ratio again with the Euro, but so much depends on government decisions rather than things being indicated by the market. I certainly wouldn't include Japan in my trip right now, but London is starting to look a lot better. And Australia looks really good too.
Japan is expensive in general, now it's 15% more expensive than when I was there in Nov '07. However if you're being paid in Yen it's a 15% raise. Plane tickets are discounted to Australia right now which is amazing as they were up as much as double the price I payed in January as recently as a Sept. The pound is also down significantly but I am not too sure the discount is going to increase much going forward, but I am more in doubt it'll get lower.
JV_Picker
11-02-2008, 02:08 PM
I looked at Virgin Atlantic, http://www.virginatlantic.com. A trip between most east coast cities and London costs as much as traveling between Baltimore and central Florida (I spent some time recently researching a hypothetical trip). That's absolutely sick. I'd take the trip ASAP.
I thought that England still used the pound as its primary currency. (In any case, it requires about $1.60 to match a pound, which represents a 20% drop since last August.)
Kathy Tayler
11-20-2008, 11:06 AM
Dollar is getting strength and declining revenue in the overseas business. Consumers are spending less, how long it will continue?
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