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Exchange rate is going up

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Old Mar 2nd 2005, 3:30 am
  #1  
joveazey
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Default Exchange rate is going up

It looks like it's going back up. It's 2.44on Bloomberg at the moment. Is anyone waiting to exchange ? What's the plan ????


Jo
 
Old Mar 2nd 2005, 3:36 am
  #2  
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Default Re: Exchange rate is going up

Originally Posted by joveazey
It looks like it's going back up. It's 2.44on Bloomberg at the moment. Is anyone waiting to exchange ? What's the plan ????


Jo
Good timing - I'm thinking of transfering cash in the next 2 - 3 weeks!

Yippee, keep it coming!! Wouldn't it be great if it rose back to the heady heights of $2.7?

Rob
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Old Mar 2nd 2005, 3:38 am
  #3  
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Default Re: Exchange rate is going up

Originally Posted by samnrob2
Good timing - I'm thinking of transfering cash in the next 2 - 3 weeks!

Yippee, keep it coming!! Wouldn't it be great if it rose back to the heady heights of $2.7?

Rob

£2.66 would be nice

Mark
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Old Mar 2nd 2005, 3:42 am
  #4  
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Default Re: Exchange rate is going up

Originally Posted by samnrob2
Good timing - I'm thinking of transfering cash in the next 2 - 3 weeks!

Yippee, keep it coming!! Wouldn't it be great if it rose back to the heady heights of $2.7?

Rob
When we were over there in May/June 2000 it was $3.50 to the pound!!
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Old Mar 2nd 2005, 3:43 am
  #5  
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Default Re: Exchange rate is going up

Originally Posted by markeh
£2.66 would be nice

Mark
2.66... 2.7... I'm not picky! Anything above what it is now would be spot on!
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Old Mar 2nd 2005, 3:44 am
  #6  
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Default Re: Exchange rate is going up

Don't even mention 2.7 I might wet my pants !! :scared:

I was daring to hope for 2.5 or even 2.55 ???

JO
 
Old Mar 2nd 2005, 3:47 am
  #7  
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Default Re: Exchange rate is going up

Originally Posted by joveazey
Don't even mention 2.7 I might wet my pants !! :scared:

I was daring to hope for 2.5 or even 2.55 ???

JO
I'm past the pants-wetting stage, I'm almost touching cloth!

I'm easily pleased! Christ if it gets to 3.5??????? lol It'll be like a lottery win.

I'll be upgrading the 21" TV to supersonic 60" plasma with a built in lager dispenser!!!

Rob
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Old Mar 2nd 2005, 3:57 am
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Default Re: Exchange rate is going up

Originally Posted by samnrob2
I'm past the pants-wetting stage, I'm almost touching cloth!

I'm easily pleased! Christ if it gets to 3.5??????? lol It'll be like a lottery win.

I'll be upgrading the 21" TV to supersonic 60" plasma with a built in lager dispenser!!!

Rob

Check out the following:

http://fx.sauder.ubc.ca/plot.html

It's a handy little device for plotting historical exchange rates - you can work out the long term average and you can see the kind of time scale you should work on if you want to see real changes in the fx.

Try to extend the time horizon so that you can look at the long term trend (over 5 years would probably be a good start). Make sure you change the 'Choose Time Horizon' to reflect the exact time span rather than 91 days.

Happy plotting! (and if anyone can extrapolate the curves accurately let me know and I'll give you a share of my investment!)
http://fx.sauder.ubc.ca/plot.html
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Old Mar 2nd 2005, 4:11 am
  #9  
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Default Re: Exchange rate is going up

Originally Posted by markeh
£2.66 would be nice

Mark
don't you mean $2.66? £2.66 would be terrible. :-)
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Old Mar 2nd 2005, 4:36 am
  #10  
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Default Re: Exchange rate is going up

Originally Posted by gajjitt
don't you mean $2.66? £2.66 would be terrible. :-)

I thinkit's all a waiting game

Bye
Mark
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