Hi, hope this question is ok here…
I want to buy some shares listed on Nasdaq in $, but currently only have £ available in my account with my broker. The broker will exchange £ for $ (at a cost).
I’m debating whether to wait hoping the exchange rate will improve, at the risk of the US shares increasing in the meantime - is there any good place to refer to for predictions on forex? Or is there a good way I could exchange £ into another currency, then into $ for a better rate.
Thanks.