dacarzi

A friend and I are ordering from Total Cycing in Ireland. Every time I check the site the prices have changed. Apparentlyly their software is sensitive to small currency fluctuations. I think that I may be able to use these flucuatiosn to my advantage if we wait until Jan. 20 the Obama inauguration. The stock market fluctuates with politiacl events. Any ideas on this strategy?

botto 

there is no strategy, and your notion about sudden change on january 20th is a hoot.

markyore

Total Cycling is based in Northern Ireland not the Republic. Therefore, you need to look at the dollar to pound rates not the dollar to euro rates. The pound is getting hammered in the last few weeks and has been devalued signifigantly.

FWIW, I've seen the euro to dollar go from 1.60 last june down to 1.25 a couple of monthas ago and now its around 1.34.

These fluctuations are very dificult to predict and I wouldn't bet on Obamas inauguration resulting in the dollar gaining in strength just yet.

SushiJoe

A hoot and a holler?

coasting 

if you know which way forex markets will move on a specific day you will be getting a nobel prize. leverage up and make a killing

Daytrip

It changes every day. The USD-British Pound has been fluctuating within a 4% range for the past couple of months. I'm waiting for an Ultegra Groupset to get back into stock at Chainreactioncycles.com, and the price changes from a low of $480 to around $500. I can pretty much guarantee you that the dollar will weaken significantly as soon as the parts come in.

enjoi07

yea i have been watching sram rival go from $572 last week to $600 this week!

Daytrip

Colonel Kurtz: Do you think my methods are unsound?
Captain Willard: I don't see any method at all.

DaveSSS 

If you have a reliable crystal ball, you're all set. The exchange rate is not changing all that much from day to day, at the present time and you can't control the exact day that total cycling decides to charge you. I've found Ribble to have better prices for most items. Just be sure to subtract the 15% VAT before comparing. Shiny Bike is good too.

https://www.xe.com/ucc/

jamiewilson3

Currency traders have their little connection booths in their apartments, so that they can trade 24 hours a day. "Riding the wave" of trying to take advantage of currency futures is a crap shoot. Until recent years, European currencies tended to go up in value during the summer travel months, so if you planned to go over there, it was usually to your benefit to buy the currency in early spring. I have not seen that pattern in a few years. Reason....probably a lot of things that are beyond my complete understanding.

scirocco

This is on a par with Armstrong having "discovered" higher cadence as a means to demolish his opponents.