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Re: Exchange rate
I got $1.99 in Feb 2006 :(
Hope I will get a bit more on the next transfer though! Mark |
Re: Exchange rate
Originally Posted by mjanovitz
I got $1.99 in Feb 2006 :(
Hope I will get a bit more on the next transfer though! Mark OUch!!! :eek: |
Re: Exchange rate
According to the Independent, the markets are expecting UK interest rates to be 5% by the end of the year. So hopefully that will push up exchange rates a bit even if Canadian rates continue to rise.
http://news.independent.co.uk/busine...icle362431.ece Indeed, a quick glance at the prices of financial futures contracts shows that traders expect the Bank of England base rate to rise to 5 per cent by the end of this year, with the first increase in late summer or early autumn. |
Re: Exchange rate
I got 1.97 3 weeks ago (after currency company take their cut), it's up to 2.06 today :rolleyes: :o
I think I'll stop watching it now :D |
Re: Exchange rate
Just hit $2.07!! now if it can keep going up till next summer.....!!!
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Re: Exchange rate
Originally Posted by deangb
Just hit $2.07!! now if it can keep going up till next summer.....!!!
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Re: Exchange rate
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Re: Exchange rate
Originally Posted by deangb
My forecast is on schedule! "2.20 in August or thereabouts !" |
Re: Exchange rate
We were able to get $2.30-2.45 last September, when we came over to put money down for the house were are building in Hamilton.
Not liking this $2.02 malarky at all :mad: |
Re: Exchange rate
$2.0904 on Yahoo finance right now.
A continued US dollar drop and a rate rise or two in the UK and we'll be sorted :). |
Re: Exchange rate
Higher interest rates appears to be the next move after the BoE predicted that inflation would hit its target level in the next couple years.
With recent robust macro economic indicators coupled with high energy costs, many analyst are predicting that an upward move in rates is a near possibility. But, I do not follow this view, the UK economy is somewhat recovering but not to a point to push the BoE to raise rates in the near future. As for inflation its very well contained with no pass-through. So, guys my bet is $2.15 P.S: Canadian rates are going up for sure |
Re: Exchange rate
Originally Posted by Relix
So, guys my bet is $2.15
$2.16 http://www.ukgameshows.com/atoz/prog...lay_cards1.jpg :( |
Re: Exchange rate
As for inflation its very well contained with no pass-through. The primary reason why Brown has been able to fiddle the figures to claim there's no significant inflation is because the cost of imports has been dropping (e.g. the vast masses of 20 quid DVD players from China). Last I read the cost of imports was rising, so that's hardly good news for inflation fiddlers. Certainly almost everything I buy is up by far more than the claimed 2%, and most of the rest is down in quality at the same price. |
Re: Exchange rate
$2.0948 on Yahoo now.
Pretty soon I'll have to think about maybe moving my ISA over... |
Re: Exchange rate
2.0972 on XE. Come on keep going!! :D
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