Euro to usd, usd to gbp
Hi everyone, would just like to start a discussion on exchange rates and how it affects your business.
Barclay's have released their estimates for 12 month, that they think the EURO to USD exchange rate will drop to 1.10 (currently very low at 1.25)
For me this means, everyting will cost me more as now my products become more expensive, and pretty much, eats all my profit. Unless i start charging more, but i cannot see other users going this, as they may buy directly in USd or other currencies....
This is an open discussion and would love to hear what you guys think! |