Favourable rates....£ at $2.32
Aug 8th 2005, 9:56 am
#1
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Favourable rates....£ at $2.32
Note sure whether been posted already today but £ doing quite well according to MoneyCorp (i know nothing about this kinda thing). The pound seems to be doing quite well at the moment have just spoken to MoneyCorp and they feel that now would be good time to get rid as they are expecting another cut in the £ later on in the year and a strengething pound.
Had a watch on at 2.35 and told bit optimistic, although possible today....
Moneycorp offered rate of 2.3050 but as soon as I told them was going to check out HIFX changed it to 2.31. Hope this helps guys.
Had a watch on at 2.35 and told bit optimistic, although possible today....
Moneycorp offered rate of 2.3050 but as soon as I told them was going to check out HIFX changed it to 2.31. Hope this helps guys.
Aug 8th 2005, 10:09 am
#2
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Re: Favourable rates....£ at $2.32
Just hit $2.3306......
If you go to http://www.hifx.co.uk/members/charts.asp and click on Instrument and GBPAUD you can get up to date info for anyone interested.
If you go to http://www.hifx.co.uk/members/charts.asp and click on Instrument and GBPAUD you can get up to date info for anyone interested.
Aug 8th 2005, 10:39 am
#3
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Joined: Dec 2004
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Re: Favourable rates....£ at $2.32
Still holding out but must make a decision soon!! Argh.
The secret (having done it once) is never to look at the exchange rate again after you have committed your cash!
The secret (having done it once) is never to look at the exchange rate again after you have committed your cash!
Aug 8th 2005, 10:46 am
#4
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Location: Mt Eliza, Mornington Peninsula
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Re: Favourable rates....£ at $2.32
Hi
Were still holding out too! The problem is we exchange some last xmas at 2.5432 and anything else just dont compare!!
Still Im glad its improving and I cant be too greedy!
Irene
Were still holding out too! The problem is we exchange some last xmas at 2.5432 and anything else just dont compare!!
Still Im glad its improving and I cant be too greedy!
Irene
Aug 8th 2005, 10:47 am
#5
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Location: The Shoalhaven, New South Wales, Australia
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Re: Favourable rates....£ at $2.32
Originally Posted by The Jones Family
Still holding out but must make a decision soon!! Argh.
The secret (having done it once) is never to look at the exchange rate again after you have committed your cash!
The secret (having done it once) is never to look at the exchange rate again after you have committed your cash!
Aug 8th 2005, 11:28 am
#6
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Joined: Oct 2004
Location: Carramar, Perth
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Re: Favourable rates....£ at $2.32
I got $2.30 last week. Fortunately I only paid in £100!!! I just wanted to activate my CBA transfer account and check it was all working.
Aug 8th 2005, 11:35 am
#7
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Re: Favourable rates....£ at $2.32
Originally Posted by The Jones Family
Still holding out but must make a decision soon!! Argh.
The secret (having done it once) is never to look at the exchange rate again after you have committed your cash!
The secret (having done it once) is never to look at the exchange rate again after you have committed your cash!
Aug 9th 2005, 9:50 am
#8
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Posts: 236
Re: Favourable rates....£ at $2.32
2.35 coming into sight, let's hope the trend continues...
Aug 9th 2005, 9:59 am
#9
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Re: Favourable rates....£ at $2.32
Aug 9th 2005, 2:46 pm
#10
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Re: Favourable rates....£ at $2.32
It is up to $2.34 on HIFX
Aug 9th 2005, 3:55 pm
#11
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Aug 9th 2005, 3:58 pm
#12
Joined: Jun 2004
Posts: 1,606
Re: Favourable rates....£ at $2.32
Originally Posted by Amazulu
just hit 2.35088 on www.xe.com.
So is this trend set to continue? Might we get back up to 2.5 or dare I hope, even higher? Any financial whizz-kids care to comment?
Aug 9th 2005, 10:23 pm
#13
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Joined: Apr 2005
Posts: 236
Re: Favourable rates....£ at $2.32
Some views on today's move in exchange rates here => http://www.theaustralian.news.com.au...5E1702,00.html
It now appears the next move in Oz interest rates will be down, and this is being factored into currency expectations.
It now appears the next move in Oz interest rates will be down, and this is being factored into currency expectations.
Aug 9th 2005, 11:27 pm
#14
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Location: Brisbane
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Re: Favourable rates....£ at $2.32
2.5+ would be nice, especially just before I pay my $100K capital investment bond.
Aug 10th 2005, 9:20 am
#15
A former regular of BE
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Location: Carramar, Perth
Posts: 6,241
Re: Favourable rates....£ at $2.32
Originally Posted by Storini
Some views on today's move in exchange rates here => http://www.theaustralian.news.com.au...5E1702,00.html
It now appears the next move in Oz interest rates will be down, and this is being factored into currency expectations.
It now appears the next move in Oz interest rates will be down, and this is being factored into currency expectations.
These things tend to be cyclical and I think it could rise a few cents more soon.
Personally if it got to 2.40 I would be happy to convert at that rate. I just wish I had the house sold a few months ago when I wrote on here that the then rate of 2.55 was a decent rate and worth locking into.