Pound = $ 1-64
Mar 17th 2011, 11:30 pm
#1
Thread Starter
Joined: Jul 2010
Posts: 213
Pound = $ 1-64
Finally broke through the elusive 1-63 barrier, how far will it run now ?
Here's hoping.
Here's hoping.
Mar 18th 2011, 1:14 am
#3
BE Enthusiast
Joined: Aug 2009
Posts: 576
Re: Pound = $ 1-64
Up towards 2 by the end of the year.
Mar 18th 2011, 2:58 am
#6
BE Forum Addict
Joined: Aug 2010
Location: Not Brisbane
Posts: 1,210
Re: Pound = $ 1-64
Short term speculation, ask yourself this
who is going to benefit the most from Japan having to rebuild and possibly face the future without nuclear?
Australia - close neighbour and resource rich
Uk - erm, erm, erm has some financial wizards (robbers) in the City.
who is going to benefit the most from Japan having to rebuild and possibly face the future without nuclear?
Australia - close neighbour and resource rich
Uk - erm, erm, erm has some financial wizards (robbers) in the City.
Mar 18th 2011, 4:57 am
#8
Account Closed
Joined: Jul 2006
Posts: 14,188
Re: Pound = $ 1-64
Start there and check out all the predictions in that thread about waiting for the pound to get back to its 'normal level'.
It might take a while to read it all.
Mar 18th 2011, 5:00 am
#9
BE Enthusiast
Joined: Aug 2009
Posts: 576
Re: Pound = $ 1-64
http://britishexpats.com/forum/showp...13&postcount=1
Start there and check out all the predictions in that thread about waiting for the pound to get back to its 'normal level'.
It might take a while to read it all.
Start there and check out all the predictions in that thread about waiting for the pound to get back to its 'normal level'.
It might take a while to read it all.
Mar 18th 2011, 10:14 am
#11
Banned
Joined: Apr 2003
Location: Angle vale Sth Australia
Posts: 5,353
Re: Pound = $ 1-64
Here ,s one for the punters , i just got back from whyalla Sth AUST , Bhp Billiton are opening up , the Iron Baron , and Iron Princess mines , they forsee a huge demand for Magnitite, iron ore ..........
mm
mm
Mar 18th 2011, 11:12 am
#12
Banned
Joined: Mar 2011
Posts: 55
Re: Pound = $ 1-64
http://www.bbc.co.uk/news/business-12781534
Nothing to do with Australia's 'miracle' economy. BTW China are currently using lots of Oz iron ore to build huge numbers of massive ore carriers so they can ship ore from Africa and mines that they actually own. What will this do to the Oz miracle economy and the Oz$?
Mar 18th 2011, 11:20 am
#13
Forum Regular
Joined: May 2009
Location: Brisbane
Posts: 192
Re: Pound = $ 1-64
OMG another dreamer. Look the uk is apparently crap and Oz is booming. Thriving it stuck in the middle of the fastest growing nations on the planet and yeah guess what its still only worth 1.6 at the most. Do yourself a favour and invest as much spare cash back into the uk housing market as you can in the next 18 months. Quick.
Mar 18th 2011, 11:39 am
#14
Melbourne - NE suburbs
Joined: Jun 2008
Posts: 1,032
Re: Pound = $ 1-64
My feeling is it will drop back to the 'normal' rate of 1.60ish soon enough. The current rate jump would seem to be largely as as a result of the FUD from the Japan crisis. How long it will last indeed is the very, very speculative question. Good luck gamblers ;-)
Mar 18th 2011, 2:04 pm
#15
BE Forum Addict
Joined: Dec 2008
Posts: 1,042
Re: Pound = $ 1-64
My feeling is it will drop back to the 'normal' rate of 1.60ish soon enough. The current rate jump would seem to be largely as as a result of the FUD from the Japan crisis. How long it will last indeed is the very, very speculative question. Good luck gamblers ;-)
