plumber

See the pound gained 3 cents on the dollar last night !

$2.44 at the moment , no dought oz holding dowwn rates yesterday helped.

Well people , who's got the nerve to hold on and who's going to cash in before next month?

money.....all just a gamble!

all the best plum

hevs

yipee, we've just cashed in a crappy endowment!!

AnalOwl

Yes! Come on you Sterling! We wanna see $3.00 by the end of March!!!

debsy

We should be so lucky - i bet when we go to exchange ours it will drop to an all time low!

paulf

Stop it Plumber, you,re gonna drive yourself nuts if you keep comparing the rates, you,ve made your move and changed up the dosh dont worry if it gains or loses now.

dotty

This same thread comes up every month. The first wednesday of each month is the Reserve Bank decision on interest rates. Hence the fluctuations each month according to their decision.

OzTennis

And the RB was expected by fx markets to put I/R's up by 25 points (1/4%) on the first Wednesday of April rather than March. I personally suspect the £'s gain against the $ could only be temporary and was down to RB rates not being changed and that the high $2.30's will re-emerge in a week or so. Into the melting pot though will come the Bank of England with its decision on UK I/R's, the Euro, the US$ and the Yen etc so who knows!

OzTennis

plumber

$2.455 and rising fast!

better make your move dotty , before you lose too much!

all the best plum

dotty

Dont play guessing games, half's already in UK. We use whats winning at the time

itsasecret

Dam i knew i should of opened that bank account early... 2.45.. is fantastic... I hope it dont take long to get an account set-up with HSBC,, Im sending the $2000 and forms today, lets hope it stays around this mark , because i would be happy to exchange at this price.....

fingures crossed...