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Old 05-18-2015, 05:31 PM   #41
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Yeah - darn it! And we leave for France soon. Stay down, stay down Euro!!!!
I agree! Darn it.

We head out in a month - and have a whole bunch of "balances due" on lodgings in the next 4-6 weeks. I'd love to see it down to 1.05ish again.
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Old 05-18-2015, 06:23 PM   #42
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Well the Euro backed off a little today.

I'd be happy enough with around 1.10 and I hope it heads back down there. Just don't want to see it creep much higher.
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Old 05-19-2015, 09:36 AM   #43
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Big drop in the Euro yesterday and today. Knock on wood! (I don't want to jinx anything.)
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Old 05-19-2015, 10:23 AM   #44
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If the Euro rises against the dollar our International stocks will benefit more then the extra cost of our September Europe trip. So I'm not worried either way. Bought back our International allocation May 1, so the currency worked in our favor (this time).
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Old 05-19-2015, 11:50 AM   #45
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If the Euro rises against the dollar our International stocks will benefit more then the extra cost of our September Europe trip. So I'm not worried either way. Bought back our International allocation May 1, so the currency worked in our favor (this time).
It's just the timing though. I won't be selling any of my foreign holdings over the next month. I don't mind if they temporarily drop while I enjoy lower exchange rate during my Europe travels.

I rebalanced adding to my international mutual funds at the beginning of the year, after the tough 2014. And they are my strongest performers YTD in spite of the strong dollar!
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Old 05-19-2015, 02:12 PM   #46
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It's just the timing though. I won't be selling any of my foreign holdings over the next month. I don't mind if they temporarily drop while I enjoy lower exchange rate during my Europe travels.

I rebalanced adding to my international mutual funds at the beginning of the year, after the tough 2014. And they are my strongest performers YTD in spite of the strong dollar!
OK, I'll dial in a brief Euro decline just for you! Enjoy your trip.
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Old 05-19-2015, 04:44 PM   #47
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OK, I'll dial in a brief Euro decline just for you! Enjoy your trip.
Oh, thank you! Much appreciated!!!
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Old 05-19-2015, 09:14 PM   #48
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The US$ sure is on a tear, and probably has a bit more room to rise against the Euro. Parity approaches. All good things come to an end, however, and that rate will not remain forever. I'd like to lock it in for future travel plans, say a year or so from now. What is the best way to exchange a couple of $K into Euros for this purpose? Everbank sells 12 month Euro CDs, but their fees and exchange rates aren't clear, and the currency gain would be taxable income. I'm wondering if there is a way to lock in the rate now, and be able to use it in some future date without any future need to reconvert. Pre-paid debit cards, perhaps?
This puzzles me. If you buy your plane tickets, pre-pay hotels & trains & get US $ rate on rental car, all you haven't locked in is food & some tours - many of which can be pre-paid. Net, I don't see the issue.
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Old 05-19-2015, 11:43 PM   #49
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This puzzles me. If you buy your plane tickets, pre-pay hotels & trains & get US $ rate on rental car, all you haven't locked in is food & some tours - many of which can be pre-paid. Net, I don't see the issue.
I don't think his plans are specific enough to pre-pay for stuff.
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Old 05-20-2015, 06:21 AM   #50
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I don't think his plans are specific enough to pre-pay for stuff.
OK. But then why/how can you be so specific of locking in exchange on a non-specific trip?
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Old 05-21-2015, 11:52 PM   #51
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Yesterdays exchange rate was 1.115, so I'm not crying too much.
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Old 05-28-2015, 02:37 PM   #52
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Yesterdays exchange rate was 1.115, so I'm not crying too much.
Looks like it passed 1.09 and still has legs to run. Hope you still have some Euro expenses to pay..
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Old 05-28-2015, 02:46 PM   #53
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As someone travelling in a month... I'll take a decline of the Euro, please.

Most of our vacation rentals require balances to be paid on arrival. All of our meals and spending are yet to be paid. So a decline in the Euro will do me a lot of good... Like potentially thousands of dollars.
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Old 05-29-2015, 02:03 AM   #54
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1.09 and dropping!
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Old 05-29-2015, 05:58 AM   #55
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Have those who have recently booked travel noticed a drop in prices quoted in US dollars on hotels? How about air? Or are you booking hotels in Euro's and thus dependent on the exchange rate the day you place the charge on a CC?
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Old 05-29-2015, 02:41 PM   #56
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The exchange rate applies the day your credit card charge is posted. We don't look at prices quoted in USD, only prices quoted in Euros.
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