Exchange Rate......... Heads Up
#1
An Australian Citizen !!
Thread Starter
Joined: Aug 2004
Location: Terrigal - NSW Central Coast since June 2005
Posts: 1,237
Exchange Rate......... Heads Up
Hi
I know there is a recent thread on this, but for those of you who have to make their FX transaction decisions at this time, keep a close eye on the Exchange Rate this weekend.
It is currently $2.4146 and hasn't reached this level for some time. Bloomberg analysts are expecting it to drop back down again pretty smartish so you may be wise to get in at this rate while you can. You will, of course, as always, lose a couple of cents off that mid-market rate as the dealer's bunce.
Having an account open with a FX company which allows you to deal online would be useful - those companies requiring dealings over the phone may now be closed for the weekend!
............. but then, what do I know!
Happy hunting
Jim
I know there is a recent thread on this, but for those of you who have to make their FX transaction decisions at this time, keep a close eye on the Exchange Rate this weekend.
It is currently $2.4146 and hasn't reached this level for some time. Bloomberg analysts are expecting it to drop back down again pretty smartish so you may be wise to get in at this rate while you can. You will, of course, as always, lose a couple of cents off that mid-market rate as the dealer's bunce.
Having an account open with a FX company which allows you to deal online would be useful - those companies requiring dealings over the phone may now be closed for the weekend!
............. but then, what do I know!
Happy hunting
Jim
#2
Re: Exchange Rate......... Heads Up
Hi Jim
Just my luck, we don't get our hands on the money from our house until Monday week so will be keeping a close eye, it may be 2.50 by then!
We've got a Moneycorp account and are about to open an HIFX so that we can play one off against the other.
Wll let you know how we get on.
Cheers
AnitaB
Just my luck, we don't get our hands on the money from our house until Monday week so will be keeping a close eye, it may be 2.50 by then!
We've got a Moneycorp account and are about to open an HIFX so that we can play one off against the other.
Wll let you know how we get on.
Cheers
AnitaB
#3
An Australian Citizen !!
Thread Starter
Joined: Aug 2004
Location: Terrigal - NSW Central Coast since June 2005
Posts: 1,237
Re: Exchange Rate......... Heads Up
Originally Posted by AnitaB
Hi Jim
Just my luck, we don't get our hands on the money from our house until Monday week so will be keeping a close eye, it may be 2.50 by then!
We've got a Moneycorp account and are about to open an HIFX so that we can play one off against the other.
Wll let you know how we get on.
Cheers
AnitaB
Just my luck, we don't get our hands on the money from our house until Monday week so will be keeping a close eye, it may be 2.50 by then!
We've got a Moneycorp account and are about to open an HIFX so that we can play one off against the other.
Wll let you know how we get on.
Cheers
AnitaB
Jim
#4
BE Forum Addict
Joined: May 2005
Location: Bunbury WA
Posts: 1,844
Re: Exchange Rate......... Heads Up
[QUOTE=AnitaB]Hi Jim
Just my luck, we don't get our hands on the money from our house until Monday week so will be keeping a close eye, it may be 2.50 by then!
We've got a Moneycorp account and are about to open an HIFX so that we can play one off against the other.
Wll let you know how we get on.
Cheers
HIFX where great with us, they rang us 2 month before we left UK and told us to change our money as it was 2.55, so we did.
If we had not we would have got 2.23 when we left. We came over set up bank account and got our money 4 days later.
Good luck
Just my luck, we don't get our hands on the money from our house until Monday week so will be keeping a close eye, it may be 2.50 by then!
We've got a Moneycorp account and are about to open an HIFX so that we can play one off against the other.
Wll let you know how we get on.
Cheers
HIFX where great with us, they rang us 2 month before we left UK and told us to change our money as it was 2.55, so we did.
If we had not we would have got 2.23 when we left. We came over set up bank account and got our money 4 days later.
Good luck
#5
Re: Exchange Rate......... Heads Up
You see, this is why I,m a plumber and not a dealer, I bought friday morning at 2.39 and today it's 2.44 so I have thrown away £1550, what a W*****R!
if it goes any higher I,ll cry
if it goes any higher I,ll cry
#6
Re: Exchange Rate......... Heads Up
We have just locked in a rate for half the money. Was really easy too. Had to get the OH to do it as im seriously not up on money matters. I just like spending it lol
#7
Re: Exchange Rate......... Heads Up
Originally Posted by paulf
You see, this is why I,m a plumber and not a dealer, I bought friday morning at 2.39 and today it's 2.44 so I have thrown away £1550, what a W*****R!
if it goes any higher I,ll cry
if it goes any higher I,ll cry
#8
Re: Exchange Rate......... Heads Up
Originally Posted by tucs
you said what i have been saying for ages about plumbers, well done for your honesty
#9
Re: Exchange Rate......... Heads Up
Originally Posted by tucs
you said what i have been saying for ages about plumbers, well done for your honesty
pays well though and the next load of customers will contribute to my losses nicely
#10
Re: Exchange Rate......... Heads Up
Originally Posted by paulf
No worries, I have told the same to my apprentices over the years
pays well though and the next load of customers will contribute to my losses nicely
pays well though and the next load of customers will contribute to my losses nicely
Ever heard of the expresion "cowboy builders bump up prices to rip off customers"
if you think you are digging a hole for yourself, throw away the shovel Paul .
#11
Re: Exchange Rate......... Heads Up
Originally Posted by tucs
Not while you are sitting on your arse playing with the computer they wont.
Ever heard of the expresion "cowboy builders bump up prices to rip off customers"
if you think you are digging a hole for yourself, throw away the shovel Paul .
Ever heard of the expresion "cowboy builders bump up prices to rip off customers"
if you think you are digging a hole for yourself, throw away the shovel Paul .
Plus I never said I was,nt a cowboy builder, infact I freely admit to charging HUGE amounts for my services been doing it for over twenty years now and getting fat on the profits after all who do you think pays for the CORGI registration? Me!! lol behave.
#12
Re: Exchange Rate......... Heads Up
Originally Posted by paulf
Tut, Tut Tucs, I am here till friday.
Plus I never said I was,nt a cowboy builder, infact I freely admit to charging HUGE amounts for my services been doing it for over twenty years now and getting fat on the profits after all who do you think pays for the CORGI registration? Me!! lol behave.
Plus I never said I was,nt a cowboy builder, infact I freely admit to charging HUGE amounts for my services been doing it for over twenty years now and getting fat on the profits after all who do you think pays for the CORGI registration? Me!! lol behave.
And if you only lost £1550 by changing up your money then my math shows you didnt change very much in the first place
Maybe you should rethink your business plan and get off of that fat arse of yours (your words)
Last edited by tucs; Mar 20th 2006 at 3:26 pm.
#13
Re: Exchange Rate......... Heads Up
Originally Posted by tucs
keep digging then, loads of money!!
And if you only lost £1550 by changing up your money then my math shows you didnt change very much in the first place
Maybe you should rethink your business plan and get off of that fat arse of yours (your words)
And if you only lost £1550 by changing up your money then my math shows you didnt change very much in the first place
Maybe you should rethink your business plan and get off of that fat arse of yours (your words)
As I said Tucs flying on Friday, Bought into a buisness in Qld about six months ago so dont have to work either
Going to Oz to kick back mate not graft.
Have Fun In sunny Meath mate, went there once, to see the Chili Peppers very nice
#14
Re: Exchange Rate......... Heads Up
Originally Posted by paulf
Never said it was Alot, but you assume as always, never said it was Everything either
As I said Tucs flying on Friday, Bought into a buisness in Qld about six months ago so dont have to work either
Going to Oz to kick back mate not graft.
Have Fun In sunny Meath mate, went there once, to see the Chili Peppers very nice
As I said Tucs flying on Friday, Bought into a buisness in Qld about six months ago so dont have to work either
Going to Oz to kick back mate not graft.
Have Fun In sunny Meath mate, went there once, to see the Chili Peppers very nice
enjoy the trip, and watch our for the storms
#15
Re: Exchange Rate......... Heads Up
Originally Posted by tucs
Slane Castle?
enjoy the trip, and watch our for the storms
enjoy the trip, and watch our for the storms