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EXCHANGE RATE

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Old Nov 12th 2007 | 2:03 am
  #16  
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Default Re: EXCHANGE RATE

Originally Posted by Speargun
Sorry means basically that the pound should become a bit stronger against the dollar this week ..(how I read it - hopefully!)..think weve got a long wait to get up to 240 though!
But as we've come up around 10 cents in the last week another 6 cents not impossible
 
Old Nov 12th 2007 | 2:12 am
  #17  
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Default Re: EXCHANGE RATE

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!
 
Old Nov 12th 2007 | 2:25 am
  #18  
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Default Re: EXCHANGE RATE

Originally Posted by Eastend Girl
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!
Urgh that is annoying-poor you Still it works both ways and when it improves you could be quids in (not much help now tho I know)
 
Old Nov 12th 2007 | 9:44 pm
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Default Re: EXCHANGE RATE

Originally Posted by Sooty and Sweep
UK Inflation figures released tommorrow, if they are +2% then it will put upward pressure on interest rates here in the UK, so obviously make sterling more attractive to the currency investors!
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
 
Old Nov 12th 2007 | 9:50 pm
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Default Re: EXCHANGE RATE

Originally Posted by Sooty and Sweep
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
See you do know what you're talking about!
 
Old Nov 12th 2007 | 9:55 pm
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Default Re: EXCHANGE RATE

Originally Posted by JoolsB
See you do know what you're talking about!
I think Sweep would probably disagree with you there, she says, "what you do know, nobody else wants to know", and "what you don't know, you should know". Can't do wrong for right?
 
Old Nov 12th 2007 | 10:03 pm
  #22  
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Default Re: EXCHANGE RATE

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
 
Old Nov 12th 2007 | 10:15 pm
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Default Re: EXCHANGE RATE

Originally Posted by tillysmum
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
fingers crossed!!! 2.50 would be even better oh and a buyer for our house even better than that!
 
Old Nov 12th 2007 | 10:15 pm
  #24  
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Default Re: EXCHANGE RATE

Originally Posted by tillysmum
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
Thats what we would be happy with too-come on £ go up go up go up!!!

The hifx screen stresses me out-up one second, down the next, up a bit, down a bit more etc etc aargh
 
Old Nov 12th 2007 | 10:36 pm
  #25  
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Default Re: EXCHANGE RATE

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
 
Old Nov 12th 2007 | 10:47 pm
  #26  
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Default Re: EXCHANGE RATE

Originally Posted by nufc
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
Same as us-its just so annoying!
 
Old Nov 12th 2007 | 10:53 pm
  #27  
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Exclamation Re: EXCHANGE RATE

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...
 
Old Nov 12th 2007 | 10:56 pm
  #28  
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Default Re: EXCHANGE RATE

Originally Posted by cczmark
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...
i almost exchanged at 2.34 yesterday but OH said no-same as he did when it was 2.44 at start of september he keeps thinking it will get better
 
Old Nov 12th 2007 | 11:12 pm
  #29  
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Default Re: EXCHANGE RATE

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
 
Old Nov 12th 2007 | 11:18 pm
  #30  
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Default Re: EXCHANGE RATE

its about 2.30 now..
 


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