JC888
2022-07-15

EURO is near parity with U.S. dollar: How to take advantage of the exchange rate

https://www.cnbc.com/2022/07/12/euro-and-us-dollar-near-parity-heres-what-that-means-for-travelers.html

Precursor - please read linked article and form your own opinion first ok. Tks.

Upon reading, the first thing that came to mind is - does it apply to EURO - SGD exchange?  

If it does, imagine the savings to be had, holidaying in Europe minus VAT, especially if you are talkg about luxury shoppg for your 1 or 2 designer's pieces... Yummm...

Or perhaps that skiing trip that has been put on hold for the past 2 years? 

With the protracted war betw u know whom - will this over stretch situation further worsen EU n UK economies overtime? Does that mean even more reason to holiday in Europe??

On second thoughts only 2 factors detering 

(1) remote possibility of the conflict leaking into neighbouring countries 

(2) contracting Monkey Pox as a result of Holly in EU. IKR. Pay for a holiday and bring home additional "bonus". Will travel insurance cover that?? Need to research the fine prints..

What about you? Sufficiently piqued to consider a holiday in Euro yet?

Matching song? Holiday by the icon Madonna, her trademark encore song in her earlier concerts. Dunno? YouTube it.. Infectious.. erhhh wrong choice of word ya.. LOL

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Comments

  • JohnMitchell
    2022-07-15
    JohnMitchell
    EU will have more issues in the winter. They suffer everytime
  • ElvisMarner
    2022-07-18
    ElvisMarner
    looking forward to your next post.
  • ElvisMarner
    2022-07-18
    ElvisMarner
    Thanks for sharing. What you said makes sense.
  • JohnnyYoung
    2022-07-15
    JohnnyYoung
    Euro is now lower than USD.... Sad
  • pkcruns
    2022-07-15
    pkcruns
    ok
  • Whiteowl88
    2022-07-15
    Whiteowl88
    Ok
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