Exchange Rate Woe
#1
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Exchange Rate Woe
Bad couple of days on the markets, re-election of Bush the fool, HBOS saying 1.1% off house prices and no interest rate rise have done no favours to the £ versus AUD this week.
A low of 2.4288 today, Down 8% from the summer highs. Pretty much back to where is was in March.
With no more interest rate action between now and Feb I don't see the position improving.
A low of 2.4288 today, Down 8% from the summer highs. Pretty much back to where is was in March.
With no more interest rate action between now and Feb I don't see the position improving.
#2
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Joined: Aug 2002
Posts: 7,613
Re: Exchange Rate Woe
Originally Posted by steveyp
Bad couple of days on the markets, re-election of Bush the fool, HBOS saying 1.1% off house prices and no interest rate rise have done no favours to the £ versus AUD this week.
A low of 2.4288 today, Down 8% from the summer highs. Pretty much back to where is was in March.
With no more interest rate action between now and Feb I don't see the position improving.
A low of 2.4288 today, Down 8% from the summer highs. Pretty much back to where is was in March.
With no more interest rate action between now and Feb I don't see the position improving.
Yippeeeee!! WELL DONE!!!
#4
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Re: Exchange Rate Woe
Originally Posted by Fremantleraider
Currently 2.47 Aus for one GBP
#5
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Re: Exchange Rate Woe
Originally Posted by steveyp
Where did you find 2.47?
What will make you happy? a move to Oz? I don't think so...you guys will always find something to whinge about! You have to change your attitude to life to be truly happy - oh and by the way, if the rate is not over 2.50 to the pound before xmas, I'll eat my sporran - trust me!(for what it's worth!!!!) ha ha!
#6
Re: Exchange Rate Woe
Originally Posted by kingofcats2005
You rich people do my head in...never happy, no matter what life throws at you. Start living life and you'll soon throw aside such trivial concerns such as a poor exchange rate!
What will make you happy? a move to Oz? I don't think so...you guys will always find something to whinge about! You have to change your attitude to life to be truly happy - oh and by the way, if the rate is not over 2.50 to the pound before xmas, I'll eat my sporran - trust me!(for what it's worth!!!!) ha ha!
What will make you happy? a move to Oz? I don't think so...you guys will always find something to whinge about! You have to change your attitude to life to be truly happy - oh and by the way, if the rate is not over 2.50 to the pound before xmas, I'll eat my sporran - trust me!(for what it's worth!!!!) ha ha!
OzTennis
#7
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Re: Exchange Rate Woe
Originally Posted by OzTennis
Are you going to post the sporran eating photos on here?
OzTennis
OzTennis
However, should I be wrong ( no chance mate of this happening) then I'll post the photos on here gladly.
Please will you all stop whingeing - go fishing or have a round of golf or something - whatever you rich guys do and remember to enjoy life a bit more - YOU CAN'T TAKE IT WITH YOU!!!!!!!!!!!!!!!!!!!!!
#8
Re: Exchange Rate Woe
Originally Posted by Fremantleraider
Currently 2.47 Aus for one GBP
http://newsvote.bbc.co.uk/1/shared/f...hree_month.stm
#9
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Re: Exchange Rate Woe
Originally Posted by worzel
2.4323 per BBC.co.uk this morning. It was almost 2.60 at the start of September
http://newsvote.bbc.co.uk/1/shared/f...hree_month.stm
http://newsvote.bbc.co.uk/1/shared/f...hree_month.stm
and it was 3 to the pound a few years ago too!
If only I hadn't wasted money on that rubiks cube in the 80's then I'd have more to exchange...why haven't I been eating pasta for the last 10 years?...think of the money I would have saved?! And all that wasted money on wine and beer and holidays...just think of the waste! Just think- how many dollars have we frittered away? ....Life's just not worth living...
Ok - what are you going to spend it all on? What are your plans? What are your dreams? What have you achieved today...? What are your plans for tomorrow?
Take a tip from me - go fishing and forget about the exchange rate and other such trivial matters.
Dave
#10
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Re: Exchange Rate Woe
Originally Posted by kingofcats2005
You rich people do my head in...never happy, no matter what life throws at you. Start living life and you'll soon throw aside such trivial concerns such as a poor exchange rate!
What will make you happy? a move to Oz? I don't think so...you guys will always find something to whinge about! You have to change your attitude to life to be truly happy - oh and by the way, if the rate is not over 2.50 to the pound before xmas, I'll eat my sporran - trust me!(for what it's worth!!!!) ha ha!
What will make you happy? a move to Oz? I don't think so...you guys will always find something to whinge about! You have to change your attitude to life to be truly happy - oh and by the way, if the rate is not over 2.50 to the pound before xmas, I'll eat my sporran - trust me!(for what it's worth!!!!) ha ha!
However I am not loosing my senses or joining a hippy commune, an 8% move in rates matters a lot.
Who said I wasnt happy?, who said I was rich and who says I wasnt living my life?
2.50 by christmas? I will bring the salt and pepper....
#11
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Re: Exchange Rate Woe
Originally Posted by steveyp
I take your point re life change and attitude and a more relaxed less money-centric life is what I want.
However I am not loosing my senses or joining a hippy commune, an 8% move in rates matters a lot.
Who said I wasnt happy?, who said I was rich and who says I wasnt living my life?
2.50 by christmas? I will bring the salt and pepper....
However I am not loosing my senses or joining a hippy commune, an 8% move in rates matters a lot.
Who said I wasnt happy?, who said I was rich and who says I wasnt living my life?
2.50 by christmas? I will bring the salt and pepper....
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humble pie????
#12
Arriving in GC 12th Jan
Joined: Mar 2004
Location: essex, england
Posts: 309
Re: Exchange Rate Woe
Originally Posted by kingofcats2005
Take a tip from me - go fishing and forget about the exchange rate and other such trivial matters.
Dave
Dave
Some of us who have young families and haven't had the fortune of cashing in on sky high house prices need to get the best value exchange rate that they can. You on the other hand obviously have so much money that it's not important. I've worked hard over the last 5 years to build up a small amount of savings and I like many others need to make that go as far as possible, so to us the exchange rate is important. However, we can't change or affect the exchange rate so I agree that we shouldn't let it stress us out.
So you can go fishing and completly forget about the exchange rates even when you come to exchange your millions, and I'll go football and keep a track of the exchange rates and change my savings when I think I'll get the best rates for my pounds.
#13
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Re: Exchange Rate Woe
Originally Posted by kingofcats2005
Sound good to me but it will hit it...what are you going to eat.....................
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humble pie????
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humble pie????
what will I be eating? Whatever the cook and the butler can throw together I guess.
#14
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Posts: n/a
Re: Exchange Rate Woe
Originally Posted by steveyp
Love it if you were right I too want 2.50 or better,
what will I be eating? Whatever the cook and the butler can throw together I guess.
what will I be eating? Whatever the cook and the butler can throw together I guess.
We'll be lucky to take a grand with us so will be getting work quickly
Life is what you make it
We'll make it
Will all of you
Dave
#15
Re: Exchange Rate Woe
Originally Posted by kingofcats2005
Zzzzzzzzzzzzzzzzzzzzzz!
and it was 3 to the pound a few years ago too!
If only I hadn't wasted money on that rubiks cube in the 80's then I'd have more to exchange...why haven't I been eating pasta for the last 10 years?...think of the money I would have saved?! And all that wasted money on wine and beer and holidays...just think of the waste! Just think- how many dollars have we frittered away? ....Life's just not worth living...
Ok - what are you going to spend it all on? What are your plans? What are your dreams? What have you achieved today...? What are your plans for tomorrow?
Take a tip from me - go fishing and forget about the exchange rate and other such trivial matters.
Dave
and it was 3 to the pound a few years ago too!
If only I hadn't wasted money on that rubiks cube in the 80's then I'd have more to exchange...why haven't I been eating pasta for the last 10 years?...think of the money I would have saved?! And all that wasted money on wine and beer and holidays...just think of the waste! Just think- how many dollars have we frittered away? ....Life's just not worth living...
Ok - what are you going to spend it all on? What are your plans? What are your dreams? What have you achieved today...? What are your plans for tomorrow?
Take a tip from me - go fishing and forget about the exchange rate and other such trivial matters.
Dave
Somebody asked a question and I helped them out. That is what we do on this forum. If you don't want to read it then don't read it!!!