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Search: Posts Made By: mrken30
Showing results 1 to 25 of 75
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Forum: The Trailer Park
Jan 23rd 2018, 3:01 pm
Replies: 340
Views: 29,266
Posted By mrken30

Re: The £/$ fall to 1.33 in the wake of the referendum.

and from a USD/GBP perspective it's good that the dollar has fallen a little.
Forum: The Trailer Park
Nov 16th 2017, 6:03 pm
Replies: 340
Views: 29,266
Posted By mrken30

Re: The £/$ fall to 1.33 in the wake of the referendum.

I wish I knew the answer. The exchange rate has not really moved for 18 months and the Brexit negotiations are not going that well IMO. However I think a hard Brexit may have already been factored...
Forum: The Trailer Park
Sep 14th 2017, 7:51 pm
Replies: 340
Views: 29,266
Posted By mrken30

Re: The £/$ fall to 1.33 in the wake of the referendum.

The 8% fall in the dollar this year has helped a bit. I am surprised commodities, such as oil, have not increased more.

Dollar's Fall from Grace Fuels Emerging-Markets Boom...
Forum: The Trailer Park
Aug 4th 2017, 7:28 pm
Replies: 340
Views: 29,266
Posted By mrken30

Re: The £/$ fall to 1.33 in the wake of the referendum.

The big one was yorkie bars

Are chocolate bars really getting smaller? - BT (http://home.bt.com/lifestyle/are-chocolate-bars-really-getting-smaller-11364011167393)
Forum: The Trailer Park
Aug 3rd 2017, 9:36 pm
Replies: 340
Views: 29,266
Posted By mrken30

Re: The £/$ fall to 1.33 in the wake of the referendum.

Cost of food in the United Kingdom increased 2.30 percent in June of 2017 over the same month in the previous year. Food Inflation in the United Kingdom averaged 2.53 percent from 1989 until 2017,...
Forum: The Trailer Park
Aug 3rd 2017, 7:50 pm
Replies: 340
Views: 29,266
Posted By mrken30

Re: The £/$ fall to 1.33 in the wake of the referendum.

I think the UK has to import a lot more goods than the US.
Forum: The Trailer Park
Aug 2nd 2017, 6:28 pm
Replies: 340
Views: 29,266
Posted By mrken30

Re: The £/$ fall to 1.33 in the wake of the referendum.

Exactly , according to the NY (Fake) Times. https://www.nytimes.com/2017/08/01/business/dealbook/dow-22000-stock-markets-dollar-value.html?smid=fb-share
Forum: The Trailer Park
Aug 2nd 2017, 1:53 pm
Replies: 340
Views: 29,266
Posted By mrken30

Re: The £/$ fall to 1.33 in the wake of the referendum.

The dollar has had it's worst run for 6 years. Thank you Mr Trump.

The dollar is doing something it hasn't done in 6 years. Here's what it means, Business News - AsiaOne...
Forum: The Trailer Park
Jun 13th 2017, 11:07 pm
Replies: 340
Views: 29,266
Posted By mrken30

Re: The £/$ fall to 1.33 in the wake of the referendum.

Both the US and the UK are taking actions which are resulting in the devaluation of both currencies. Hence my theory on why the GBP/USD exchange rate probably won't change much over the next 2 years...
Forum: The Trailer Park
Jun 12th 2017, 4:09 am
Replies: 340
Views: 29,266
Posted By mrken30

Re: The £/$ fall to 1.33 in the wake of the referendum.

Considering the mess the Government is in, the pound has hardly moved. Compare this with Brexit , where it fell over 10%.
Forum: The Trailer Park
Jun 11th 2017, 1:30 pm
Replies: 340
Views: 29,266
Posted By mrken30

Re: The £/$ fall to 1.33 in the wake of the referendum.

Averages can sometimes be misleading, for example , Warren Buffet walks into a room of pre-schoolers. Everyone in that room is a millionaire on average. The economic and political climate has changed...
Forum: The Trailer Park
Jun 9th 2017, 4:05 pm
Replies: 340
Views: 29,266
Posted By mrken30

Re: The £/$ fall to 1.33 in the wake of the referendum.

I was referring more to expats in general who TM had forgotten about.
Forum: The Trailer Park
Jun 9th 2017, 4:03 pm
Replies: 340
Views: 29,266
Posted By mrken30

Re: The £/$ fall to 1.33 in the wake of the referendum.

But you forget, a lot of things are still priced at when the dollar was $2 to £. Legoland was £32 a day, in CA it is $80 a day.
Forum: The Trailer Park
Jun 9th 2017, 3:46 pm
Replies: 340
Views: 29,266
Posted By mrken30

Re: The £/$ fall to 1.33 in the wake of the referendum.

And they hadn't gone up in price, paid £1 for a 6 pack in Tesco
Forum: The Trailer Park
Jun 9th 2017, 3:03 pm
Replies: 340
Views: 29,266
Posted By mrken30

Re: The £/$ fall to 1.33 in the wake of the referendum.

Compared to a year ago, the exchange rate is much better.

Think of the extra Monster Munch you'll be able to buy.
Forum: The Trailer Park
Jun 9th 2017, 2:54 pm
Replies: 340
Views: 29,266
Posted By mrken30

Re: The £/$ fall to 1.33 in the wake of the referendum.

It's stable at $1.27 ish. I believe it will hang around this rate for the next few years. I don't see much changing with the current Government.
Forum: The Trailer Park
Apr 28th 2017, 9:02 pm
Replies: 340
Views: 29,266
Posted By mrken30

Re: The £/$ fall to 1.33 in the wake of the referendum.

You know she called the election just before holiday season so they could get a better deal on buying their holiday money
Forum: The Trailer Park
Apr 28th 2017, 6:14 pm
Replies: 340
Views: 29,266
Posted By mrken30

Re: The £/$ fall to 1.33 in the wake of the referendum.

Up since the mention of an election. Be interesting to see what happens if May doesn't get elected.
Forum: The Trailer Park
Apr 28th 2017, 5:58 pm
Replies: 340
Views: 29,266
Posted By mrken30

Re: The £/$ fall to 1.33 in the wake of the referendum.

The GBP/USD exchange rate finally got back up to $1.30 today
Forum: The Trailer Park
Jan 24th 2017, 6:34 pm
Replies: 340
Views: 29,266
Posted By mrken30

Re: The £/$ fall to 1.33 in the wake of the referendum.

and if you had asked someone in 1980 if zero or negative interest rates would cause deflation, I'm sure most would have looked at you as if you were crazy, you can't have negative interest rates.
...
Forum: The Trailer Park
Jan 17th 2017, 6:50 pm
Replies: 340
Views: 29,266
Posted By mrken30

Re: The £/$ fall to 1.33 in the wake of the referendum.

You don't think they would try reversing quantitative easing first?
Forum: The Trailer Park
Jan 17th 2017, 6:14 pm
Replies: 340
Views: 29,266
Posted By mrken30

Re: The £/$ fall to 1.33 in the wake of the referendum.

I always thought Soros played a big part in bringing down the pound back then.
Forum: The Trailer Park
Jan 17th 2017, 4:28 pm
Replies: 340
Views: 29,266
Posted By mrken30

Re: The £/$ fall to 1.33 in the wake of the referendum.

Tom Stevenson, investment director for personal investing at Fidelity International, says: “Inflation is back with a vengeance. The weakening pound continues to drive prices higher and today’s CPI...
Forum: The Trailer Park
Jan 15th 2017, 7:34 pm
Replies: 340
Views: 29,266
Posted By mrken30

Re: The £/$ fall to 1.33 in the wake of the referendum.

Now below 1.199 today, still going down. It makes it easier to move back to the UK if I ever decide to by making house prices cheaper.
Forum: The Trailer Park
Oct 14th 2016, 3:33 pm
Replies: 340
Views: 29,266
Posted By mrken30

Re: The £/$ fall to 1.33 in the wake of the referendum.

Just thought I'd checkup where sterling was in the Big Mac index, Britain is still above South Korea which is good.
Showing results 1 to 25 of 75
 
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