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Old Nov 25th 2008 | 7:34 am
  #181  
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Default Re: FX £ - $ AUD This week

been hitting 2.4 this evening! Interest rates due to be annouced again already next week so will be interesting!

Come on sterling!
 
Old Nov 25th 2008 | 9:11 am
  #182  
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Default Re: FX £ - $ AUD This week

Originally Posted by MrCro
been hitting 2.4 this evening! Interest rates due to be annouced again already next week so will be interesting!

Come on sterling!
Thats what I like to see up up and im away
 
Old Nov 26th 2008 | 9:10 am
  #183  
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Default Re: FX £ - $ AUD This week

spoke to traders today - they're pushing me to do deals now soon as poss "whilst £ is so steady"!

that normally means a rally on the £ is due and they expect to be inundated again and turning away business so trying to get as many out of the way before that happens.

Told them no thanks I'm happy to wait!

Interest rates announced here and Oz next week so will be interesting.
 
Old Nov 26th 2008 | 10:09 am
  #184  
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Default Re: FX £ - $ AUD This week

3rd 4th December another meeting set for BOE we may well see yet another interest rate drop .5 % fingers crossed.
 
Old Nov 26th 2008 | 8:02 pm
  #185  
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Default Re: FX £ - $ AUD This week

Get ready for another rollercoaster!!
 
Old Nov 26th 2008 | 10:07 pm
  #186  
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Default Re: FX £ - $ AUD This week

good Nationwide figures out showing housing market decreases slowed off.

awful data coming out of USA so £ getting stronger, Aus market so far behind us and the states so once they get to stage we have now been for a year (which should hit them in the new year as about a year behind) the $ should get battered like a Whitby haddock!

I have now set up my equity ready to invest on this rollacoaster. Put £100k together and worked out that every +/- 1cent to the £ equals about £430 profit! Each week there has been at least a 10c range and sometimes 20c! Which means even if a poor 5c range (half of whats's been happening) there is potential c£2000 return per week. That beats bank (especially when rates dropped again next week!)


I just need better rate for my first move back to $'s as rate now is lower than when I last bought £'s so would be down straight away.
 
Old Nov 26th 2008 | 11:18 pm
  #187  
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Default Re: FX £ - $ AUD This week

I'm depressed

I am running out of time, I want to see it go crazy next week I'm ready to buy, buy, buy
 
Old Nov 27th 2008 | 12:45 am
  #188  
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Default Re: FX £ - $ AUD This week

Originally Posted by lilsweets
I'm depressed

I am running out of time, I want to see it go crazy next week I'm ready to buy, buy, buy
Think positive & positive things will happen!!
Think crazy & crazy things will happen!!
 
Old Nov 27th 2008 | 12:55 am
  #189  
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Default Re: FX £ - $ AUD This week

be a 2.6 before xmas!
 
Old Nov 27th 2008 | 1:20 am
  #190  
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Default Re: FX £ - $ AUD This week

3.0 next year ????????????????
 
Old Nov 27th 2008 | 1:22 am
  #191  
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Default Re: FX £ - $ AUD This week

Originally Posted by MrCro
be a 2.6 before xmas!
You had better be right! Is your theory based on the $ dollar going down the swanny or on the $ strengthing? Only reason I ask is because I have more euro than £ to convert to $.

I'm happy to keep my £ for now, my thinking is that £ is at its very worst at the moment so I am hanging on to it until it strengthen. Don't have a theory for the euro yet, it's difficult to predict.
 
Old Nov 27th 2008 | 1:24 am
  #192  
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Default Re: FX £ - $ AUD This week

Originally Posted by chilliman
Think positive & positive things will happen!!
Think crazy & crazy things will happen!!
Originally Posted by chilliman
3.0 next year ????????????????
Holy crap! Now there's positivity and then there is madness! I'm happy at 2.6, 3.0 would mean an aussie $ collapse, not sure I am willing to wait for that to happen.
 
Old Nov 27th 2008 | 1:29 am
  #193  
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Default Re: FX £ - $ AUD This week

Originally Posted by lilsweets

I'm happy to keep my £ for now, my thinking is that £ is at its very worst at the moment so I am hanging on to it until it strengthen. Don't have a theory for the euro yet, it's difficult to predict.
£ not at weakest that was between this time last year and upto this summer when £ buying about $2.01 - so those who bought earlier this year could only dream of 2.38 at the moment.

As Euro so strong against £ at mo it might be worth watching that and changing to £'s?
 
Old Nov 27th 2008 | 1:55 am
  #194  
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Default Re: FX £ - $ AUD This week

Originally Posted by lilsweets
Holy crap! Now there's positivity and then there is madness! I'm happy at 2.6, 3.0 would mean an aussie $ collapse, not sure I am willing to wait for that to happen.
It was very tongue in cheek ... I'll be happy with whatever I get when I need to get it!!

2.6 plus would be good tho!?
 
Old Nov 27th 2008 | 2:17 am
  #195  
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Default Re: FX £ - $ AUD This week

Originally Posted by MrCro
£ not at weakest that was between this time last year and upto this summer when £ buying about $2.01 - so those who bought earlier this year could only dream of 2.38 at the moment.

As Euro so strong against £ at mo it might be worth watching that and changing to £'s?
Too many combinations to think about! I need some sleep
 


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