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forward ordering

forward ordering

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Old Aug 6th 2004, 6:41 pm
  #1  
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was thinking of forward ordering my $$$$$$ for when it reaches 2.60.

whats your views on it hitting that over the next couple of weeks???????
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Old Aug 6th 2004, 6:56 pm
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Should hit that target no worries........we brought on a forward contract , with HIFX about 6mths ago , got $2.40 and at the time thought that was a good rate considering the pound had been in free fall for the previous 12mths, and was looking at being 2 to 1.


all the best plum


ps go for it......if i'd had known about forward contracts 2yrs ago would have taken one out then , when it was 3 to 1..
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Old Aug 6th 2004, 6:59 pm
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Hi

just been looking at the HIFX spot rate for the last few days and it's been going over that!

I bought mine when the rate was falling a few weeks ago.
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