1.93's A$ to the Pound!!!
#586
Forum Regular



Joined: Jan 2009
Posts: 146












What is going on in the UK these days? IS there any plan by BoE to raise interest rate? Or re-open the coal mine shut down by Maggie? That would help the pound or even stage a reversal of fortune.

#587

UK unemployment numbers released today were reasonable and better than expected...doesn't seem to have given the pound a life though.

#588

http://www.thisismoney.co.uk/exchange-rates
Everything you wanted to know about why the pounds in the shi&&er and will stay there but you were afraid to ask.
Although personally why sell $16billion of state assets when you can just print more money AGAIN
Everything you wanted to know about why the pounds in the shi&&er and will stay there but you were afraid to ask.
Although personally why sell $16billion of state assets when you can just print more money AGAIN


#589
Banned







Joined: Aug 2009
Posts: 2,733












We're off in January and our savings are going to furnish house and buy car, so can't bide time
. Honestly think £ will go to AU$1.60 at some point in the near future. Not that we have a great amount of cash but our expected around 23/24 thousand AU$ is now looking more like AU18k or even less.
Might have to have a re-think with what to do with savings and how to finance car etc, but far too busy with other stuff at present

Might have to have a re-think with what to do with savings and how to finance car etc, but far too busy with other stuff at present


#590
Banned










Joined: Aug 2008
Posts: 22,348












http://www.thisismoney.co.uk/exchange-rates
Everything you wanted to know about why the pounds in the shi&&er and will stay there but you were afraid to ask.
Although personally why sell $16billion of state assets when you can just print more money AGAIN
Everything you wanted to know about why the pounds in the shi&&er and will stay there but you were afraid to ask.
Although personally why sell $16billion of state assets when you can just print more money AGAIN


Also interesting reading is the older "This is no time for us to join euro" link.

#591
Account Closed










Joined: Jul 2006
Posts: 14,188


Now 1.74 and still sliding.

#596

They have been round this sort of mark the last few days, I thought they were finally stabilising for a bit at least at about 1.75 - until I read this - http://www.smh.com.au/business/rba-h...ml?autostart=1 - which will probably only push them down further

#597

They have been round this sort of mark the last few days, I thought they were finally stabilising for a bit at least at about 1.75 - until I read this - http://www.smh.com.au/business/rba-h...ml?autostart=1 - which will probably only push them down further

#598
Lost in BE Cyberspace










Joined: Oct 2008
Location: Perth
Posts: 6,761












Have just purchased GBP 4,000 at a cost of A$7141.58,or 0.5601,which i found to be a pretty decent rate.
There is a fairly recent development for downloading currencey called a Travel Money Card where money can be put in when rate is high and can be done in the currencey of six nations to date and expanding to include others.
Will add more as and when rate increases. Can have more than one currencey on a card as well.
There is a fairly recent development for downloading currencey called a Travel Money Card where money can be put in when rate is high and can be done in the currencey of six nations to date and expanding to include others.
Will add more as and when rate increases. Can have more than one currencey on a card as well.

#599
BE Enthusiast





Thread Starter
Joined: Jun 2008
Posts: 730












look at the £ go this morning up nearly 3cents!
that's 4 in two days!
If you selling aussie dollar and buying pounds it's now or never!!!
Don't miss out like the aussie buyers did last Oct waiting for better rates than 2.60 you know what happened!
Stockmarkets creating a new bubble and CIT bank potentially bankrupt soon - last Oct could replay yet!?
that's 4 in two days!
If you selling aussie dollar and buying pounds it's now or never!!!
Don't miss out like the aussie buyers did last Oct waiting for better rates than 2.60 you know what happened!
Stockmarkets creating a new bubble and CIT bank potentially bankrupt soon - last Oct could replay yet!?


#600
BE Enthusiast




Joined: Nov 2004
Location: Murrumbeena, Melbourne
Posts: 380











look at the £ go this morning up nearly 3cents!
that's 4 in two days!
If you selling aussie dollar and buying pounds it's now or never!!!
Don't miss out like the aussie buyers did last Oct waiting for better rates than 2.60 you know what happened!
Stockmarkets creating a new bubble and CIT bank potentially bankrupt soon - last Oct could replay yet!?
that's 4 in two days!
If you selling aussie dollar and buying pounds it's now or never!!!
Don't miss out like the aussie buyers did last Oct waiting for better rates than 2.60 you know what happened!
Stockmarkets creating a new bubble and CIT bank potentially bankrupt soon - last Oct could replay yet!?

