EXCHANGE RATE
#17
BE Enthusiast




Joined: Nov 2007
Posts: 453
From: Brisbane









It's a pain for me - my UK state pension is paid into my Aus bank every 4 weeks and over the last couple of months it's gone down and down, this month I got about $120 less!
#18
South Yarra Sheila






Joined: Apr 2007
Posts: 1,078











Still it works both ways and when it improves you could be quids in
(not much help now tho I know)
#19
Banned




Joined: Aug 2007
Posts: 375











Rising petrol prices pushed the UK inflation rate to 2.1%
Not far out eh? Not bad for a guess
#20
South Yarra Sheila






Joined: Apr 2007
Posts: 1,078











http://news.bbc.co.uk/1/hi/business/7092144.stm
Rising petrol prices pushed the UK inflation rate to 2.1%
Not far out eh? Not bad for a guess
Rising petrol prices pushed the UK inflation rate to 2.1%
Not far out eh? Not bad for a guess

#22
and I thought it was only me sad enough sat here infront of the computer with hifx trading screen on watching $. We moving in 2 weeks OMG
so biting nails waiting for it to creep up towards 2.40 which will settle for
so biting nails waiting for it to creep up towards 2.40 which will settle for
#23
oh and a buyer for our house even better than that!
#24
South Yarra Sheila






Joined: Apr 2007
Posts: 1,078











The hifx screen stresses me out-up one second, down the next, up a bit, down a bit more etc etc aargh
#25
Thread Starter
Just Joined

Joined: Apr 2007
Posts: 28

it seems to have dropped from yesterday, just dont know what to do, we have sold our house , money waiting to be transferd please go up up up
#27
Just Joined
Joined: Nov 2007
Posts: 11

The general consensus seems to be that the interest rate in the UK will either stay the same or drop slightly, meaning you will probbaly get less Aussie dollars for your money. The US dollar is bound to fall further but it's not clear how tied in the Aussie dollar is to this. Nobody seems to have a clear answer including all the exchange companies.
We were is the same situation, trying to decide when to transfer. We were very lucky as we got 2.43 on transferring our house proceeds, just after all the sub-prime nonsense gave the US$ a kicking. The difference in the rates compared to a few weeks earlier was the value of a new car!
My advice would be go for anything over 2.30 in the current climate and then DON'T keep looking at the rates after that as it will just stress you out! Good luck...
We were is the same situation, trying to decide when to transfer. We were very lucky as we got 2.43 on transferring our house proceeds, just after all the sub-prime nonsense gave the US$ a kicking. The difference in the rates compared to a few weeks earlier was the value of a new car!
My advice would be go for anything over 2.30 in the current climate and then DON'T keep looking at the rates after that as it will just stress you out! Good luck...
#28
South Yarra Sheila






Joined: Apr 2007
Posts: 1,078











The general consensus seems to be that the interest rate in the UK will either stay the same or drop slightly, meaning you will probbaly get less Aussie dollars for your money. The US dollar is bound to fall further but it's not clear how tied in the Aussie dollar is to this. Nobody seems to have a clear answer including all the exchange companies.
We were is the same situation, trying to decide when to transfer. We were very lucky as we got 2.43 on transferring our house proceeds, just after all the sub-prime nonsense gave the US$ a kicking. The difference in the rates compared to a few weeks earlier was the value of a new car!
My advice would be go for anything over 2.30 in the current climate and then DON'T keep looking at the rates after that as it will just stress you out! Good luck...
We were is the same situation, trying to decide when to transfer. We were very lucky as we got 2.43 on transferring our house proceeds, just after all the sub-prime nonsense gave the US$ a kicking. The difference in the rates compared to a few weeks earlier was the value of a new car!
My advice would be go for anything over 2.30 in the current climate and then DON'T keep looking at the rates after that as it will just stress you out! Good luck...
he keeps thinking it will get better
#29
Thread Starter
Just Joined

Joined: Apr 2007
Posts: 28

Same here nearly done the deed yesterday, this is doin my head in, think if it gets back to what it was yesterday we will send, AND NEVER LOOK AT EXCHANGE RATES EVER EVER EVER AGAIN



