£1 = $2.40 Fantastic
#16
Re: £1 = $2.40 Fantastic
I exchanged at 2.39 and was happy with that, to be honest just do it as you never know what will happen, yeah you might win a little, but equally could lose a little, anything over 2.35 in my opinion is a good exchange rate...
#17
Re: £1 = $2.40 Fantastic
Nic
#18
Forum Regular
Joined: Oct 2006
Location: Hertfordshire now in Melbourne
Posts: 228
Re: £1 = $2.40 Fantastic
Advice pls, we have only registered an account with moneycorp, not sure if this is a good exchange broker or not really, but if we were to register with another broker, can you simply do this or does it take days to set-up an agreement. Any advice appreciated.
Thanks
Russ
Thanks
Russ
#19
Re: £1 = $2.40 Fantastic
I just found this forcast on the web...
Daily FX
Australian Dollar Technical Outlook
Monday October 6, 12:21 pm ET
By Jamie Saettele, Senior Currency Strategist [email protected]
The AUDUSD is in free fall. Based upon wave structure, the free fall may continue. .7822 may be the top of a small second wave.
As long as price is below there, expectations are for the decline to continue until chart support at .7012 and a Fibonacci extension at .6467.
Sounds great... But I haven't got a clue what he's talking about
it is this planet thou!
Daily FX
Australian Dollar Technical Outlook
Monday October 6, 12:21 pm ET
By Jamie Saettele, Senior Currency Strategist [email protected]
The AUDUSD is in free fall. Based upon wave structure, the free fall may continue. .7822 may be the top of a small second wave.
As long as price is below there, expectations are for the decline to continue until chart support at .7012 and a Fibonacci extension at .6467.
Sounds great... But I haven't got a clue what he's talking about
it is this planet thou!
#20
At home in Qld
Joined: Feb 2007
Location: Bribie Island, Qld
Posts: 60
Re: £1 = $2.40 Fantastic
Advice pls, we have only registered an account with moneycorp, not sure if this is a good exchange broker or not really, but if we were to register with another broker, can you simply do this or does it take days to set-up an agreement. Any advice appreciated.
Thanks
Russ
Thanks
Russ
HTH
Nina
#21
BE Enthusiast
Joined: Feb 2006
Location: UK to Sydney Feb 06
Posts: 738
Re: £1 = $2.40 Fantastic
My worry at the moment is that my money in the UK (GBP 12,000) is currently "guaranteed" if the bank it's in goes under... there's no such guarantee over here in Australia so I'm a tad reluctant to bring the money over when we don't have an imminent "use" for it.
#22
Re: £1 = $2.40 Fantastic
I hear you, but we want to move our entire house equity, and we stand to make a lot of $ if we move at the right time! I understand that we might lose by not acting as well, that's what's making me nervous. At the end of the day, relocating to Oz is an expensive business, and every penny counts!
Nic
Nic
Also more potential to save money with good property, furnishing and car choices.
#23
Re: £1 = $2.40 Fantastic
Just walked in the door after a weekend in Dubai. Estate agent calls to confirm my house buyer has offered another £20k for our house and wants to move very quickly then the money broker calls me to tell Aud is at 2.40 Lets av some of that, Fantastic Moving getting cheaper by the day. Pinch me someone. Noosa here we come 27th November.
I'm very near to Noosa...if you need a hand with anything when you arrive, let me know
Good luck with the move.
#25
Forum Regular
Thread Starter
Joined: Aug 2008
Posts: 46
Re: £1 = $2.40 Fantastic
I jumped in both feet ordered £100k for december Hope Ive got the money by then got $2.3969 I'm happy could have gone the other way $2.02 not so long ago and I,ve been doing my sums on 2.15 so I'm happy.Thanks for the offer Sallie/ sarah I'll keep that in mind. I used Globalexchange.com have used them before gave a good rate and service.
#26
Forum Regular
Thread Starter
Joined: Aug 2008
Posts: 46
Re: £1 = $2.40 Fantastic
You can put the money in a ausi bank account in england in $aud Migratingbank.com you then get the same protection or check at your own bank about opening a currancy account
#27
BE Enthusiast
Joined: Oct 2007
Location: Southampton
Posts: 685
Re: £1 = $2.40 Fantastic
I've done it Pre-fixed the funds for the end of the month at 2.4 yippeeee
Thought I had better do it now otherwise it will just be my luck and tomorrow it will drop to 2.1
Thought I had better do it now otherwise it will just be my luck and tomorrow it will drop to 2.1
#28
Forum Regular
Joined: Oct 2006
Location: Hertfordshire now in Melbourne
Posts: 228
Re: £1 = $2.40 Fantastic
hi, does pre-fixed the funds mean you have purchased the funds now at 2.40, but dont have to pay the broker until end of the month..
I bet you sleep better now, Ive got a limit order placed at 2.47, but dont think this will be achieved, so might have to revise this figure during the week. Its so difficult to know what to do for the best.. especially after I exchange some funds we required back in july when it was sh.t !!!!
good luck to everyone.
Russ
I bet you sleep better now, Ive got a limit order placed at 2.47, but dont think this will be achieved, so might have to revise this figure during the week. Its so difficult to know what to do for the best.. especially after I exchange some funds we required back in july when it was sh.t !!!!
good luck to everyone.
Russ
#29
BE Enthusiast
Joined: Aug 2006
Posts: 757
Re: £1 = $2.40 Fantastic
hi, does pre-fixed the funds mean you have purchased the funds now at 2.40, but dont have to pay the broker until end of the month..
I bet you sleep better now, Ive got a limit order placed at 2.47, but dont think this will be achieved, so might have to revise this figure during the week. Its so difficult to know what to do for the best.. especially after I exchange some funds we required back in july when it was sh.t !!!!
good luck to everyone.
Russ
I bet you sleep better now, Ive got a limit order placed at 2.47, but dont think this will be achieved, so might have to revise this figure during the week. Its so difficult to know what to do for the best.. especially after I exchange some funds we required back in july when it was sh.t !!!!
good luck to everyone.
Russ
#30
Re: £1 = $2.40 Fantastic
OH determined to wait a bit longer...hope this doesn't end in tears.
I'm trying to get him to consider a ERG or at least a limit order but it'll take a week to convince him yet. Lets hope he's right
I'm trying to get him to consider a ERG or at least a limit order but it'll take a week to convince him yet. Lets hope he's right