Exchange rate
May 10th 2007, 1:11 pm
#136
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Location: Cochrane, Alberta
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May 10th 2007, 1:19 pm
#137
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Location: Was Brentwood, Essex Now Wasaga Beach, Ontario
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Re: Exchange rate
When you lot change money up how many pips are standard that you lose from bid price? I use my inhouse forex desk which take 7-10 pips off me (ie if bid price is 2.1964 i would get 2.1954-57). what do the outside companies take?
I have a contact at Moneycorp that i may be able to put people in contact with, she is an ex-colleague of mine, she is helping a friend of mine out at the moment. When i find out the haircut they take i can let people know.
I have a contact at Moneycorp that i may be able to put people in contact with, she is an ex-colleague of mine, she is helping a friend of mine out at the moment. When i find out the haircut they take i can let people know.
May 10th 2007, 1:19 pm
#138
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Joined: Apr 2005
Posts: 4,842
Re: Exchange rate
The Canadian market's been open for a little while now and no change. I reckon it's not going anywhere, certainly not today or tomorrow.
May 10th 2007, 1:20 pm
#139
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May 10th 2007, 1:25 pm
#140
Lost in BE Cyberspace
Joined: Jul 2006
Location: Cochrane, Alberta
Posts: 7,861
Re: Exchange rate
My most recent quotes have always been at least one whole point off what is shown on the websites, sometimes more ... that's lots of 'pips' ... we've tried to bargain and they come up a smidgeon, literally works out as a few quid ... nowt to write home about ...
Right - got to do school run, it's not all going to crash and burn before I get back, is it
Right - got to do school run, it's not all going to crash and burn before I get back, is it
May 10th 2007, 1:36 pm
#141
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Joined: Apr 2005
Posts: 4,842
Re: Exchange rate
When you lot change money up how many pips are standard that you lose from bid price? I use my inhouse forex desk which take 7-10 pips off me (ie if bid price is 2.1964 i would get 2.1954-57). what do the outside companies take?
I have a contact at Moneycorp that i may be able to put people in contact with, she is an ex-colleague of mine, she is helping a friend of mine out at the moment. When i find out the haircut they take i can let people know.
I have a contact at Moneycorp that i may be able to put people in contact with, she is an ex-colleague of mine, she is helping a friend of mine out at the moment. When i find out the haircut they take i can let people know.
May 10th 2007, 1:45 pm
#142
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Re: Exchange rate
May 10th 2007, 1:49 pm
#143
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Location: The Vancouver Suburbs... for the next few years anyway!
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Re: Exchange rate
Any chance Blair's departure will help the pound?
May 10th 2007, 2:02 pm
#144
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Re: Exchange rate
Doubt it with Gordon Brown waiting in the wings.
May 10th 2007, 2:06 pm
#145
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Re: Exchange rate
Aye, it's Gordon that calls the shots economy wise, him and the BoE, not Blair.
This time next year though, it'll be the conservatives in charge. Will they take the interest rate strings of control back from the BoE I wonder? Not that I'll be here then.
This time next year though, it'll be the conservatives in charge. Will they take the interest rate strings of control back from the BoE I wonder? Not that I'll be here then.
Last edited by steve666; May 10th 2007 at 2:11 pm. Reason: dunno
May 10th 2007, 2:08 pm
#146
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May 10th 2007, 2:19 pm
#147
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Re: Exchange rate
no they can't BOE doing a great job, would be terrible for UK economy if they revoked independence.
May 10th 2007, 2:50 pm
#149
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Location: Saskatoon, Saskatchewan
Posts: 4,104
Re: Exchange rate
The BoE have allowed house prices to triple and consumer debt to more than double in a mere ten years by setting rates far too low. They've done an absolutely appalling job.
May 10th 2007, 2:59 pm
#150
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Re: Exchange rate
Unfortunately we can't really be sure how the economy would have turned out had the government kept control, it would have to be guesswork.