Mainly due to the US housing market, so I'm heading over there in October, should I buy my dollar now, or do you think it'll weaken further?
The dollar is entering an oversold area, resistance was about $2.030 and,yes this was broken yesterday. However the dollar could still weaken further , perhaps as far as $2.100. Personally I would buy at $2.030 before a peak and corresponding reversal happens. Reversals can be vicious but it is your decision. I have just realised you may be describing the euro! Anyway the current rate is about $1.38 with resistance about $1.3750 I do not expect the euro to continue with the same strenght as the pound so buy your dollars now.
Thats a tough call as the fiscal year ends in October, but I haven't heard another call by the US Treasury for any fiscal adjustments. Its actually weak because of our productivity ratio not because of the housing market. We buy more than we produce. I would say use your credit cards and don't worry about cash as much until you are getting ready to leave. You get a better exchange rate when you use your credit cards. Just make sure you call your credit card companies to see what their policies are.
Experience
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