Exchange rate
Sep 12th 2008, 4:07 pm
#1486
BE Enthusiast
Joined: Mar 2008
Location: new minas
Posts: 742
Re: Exchange rate
im out !!!!!!!!!!!!!!!!!!!! 
but still drinking
well at least until it reaches 2.00 at least
but still drinking
well at least until it reaches 2.00 at least
Sep 15th 2008, 8:47 am
#1487
Just Joined
Joined: Aug 2008
Posts: 18
Re: Exchange rate
"The Canadian crosses are still doing well as CAD gains are more or less offsetting the EUR and GBP strength. The loonie has appreciated markedly against the other majors excluding the Yen during the last month and may be ripe for a directional change"
Fingers and everything else crossed!!
If the pound can drop that quickly, there's no reason it can't rise at the same speed.... is there??
Fingers and everything else crossed!!
If the pound can drop that quickly, there's no reason it can't rise at the same speed.... is there??
Best of luck to everyone who needs to ride this rollercoaster!
Sep 15th 2008, 9:27 am
#1488
Forum Regular
Joined: Aug 2008
Location: Kamloops BC / Cheltonian
Posts: 232
Sep 15th 2008, 9:55 am
#1489
BE Enthusiast
Joined: Mar 2008
Location: new minas
Posts: 742
Re: Exchange rate
im going to pee my pants now yippeeeeee keep it rising
Sep 15th 2008, 9:59 am
#1490
Forum Regular
Joined: Aug 2008
Location: Kamloops BC / Cheltonian
Posts: 232
Get to the toilet QUICK
Sep 15th 2008, 11:14 am
#1491
mclauchlan35
Joined: Dec 2006
Location: Was Prestwick Ayrshire, now Canmore AB.
Posts: 999
Re: Exchange rate
I see it at $1.88 where is it $1.92?
Sep 15th 2008, 11:20 am
#1492
Forum Regular
Joined: Aug 2008
Location: Kamloops BC / Cheltonian
Posts: 232
Re: Exchange rate
At mid day today the price was 1.9233, this is the interbaking rate not the rate you would actually recieve, If you were to change say £10k you would have got an exchange rate on the 1.9233 of around $1.9103, Hope this explains. By the way that would have been through interchangefx or Custom House 
Sep 15th 2008, 1:17 pm
#1493
NEMESIS
Joined: Jun 2008
Location: Toronto (from Manchester)
Posts: 1,651
Re: Exchange rate
I look at the first page on this thread and it makes me want to cry !
What a difference 100 pages make
What a difference 100 pages make
Sep 15th 2008, 3:02 pm
#1494
BE Forum Addict
Joined: Apr 2005
Location: Saskatoon, Saskatchewan
Posts: 4,104
Re: Exchange rate
With Lehman collapsing, the US financial system could be in deep poo (more precisely, in even deeper poo than the UK), so I won't be surprised to see the rate get closer to $2 in the next couple of weeks... particularly with Mervin King's recent comments making interest rate cuts in the UK look much less likely than they did a few days ago.
The Fed will obviously try to ensure a careful run-down of the business to minimise the impact elsewhere, but the US dollar is hardly going to look like a safe haven for foreign investors any time soon.
The Fed will obviously try to ensure a careful run-down of the business to minimise the impact elsewhere, but the US dollar is hardly going to look like a safe haven for foreign investors any time soon.
Sep 15th 2008, 6:51 pm
#1495
NEMESIS
Joined: Jun 2008
Location: Toronto (from Manchester)
Posts: 1,651
Re: Exchange rate
With Lehman collapsing, the US financial system could be in deep poo (more precisely, in even deeper poo than the UK), so I won't be surprised to see the rate get closer to $2 in the next couple of weeks... particularly with Mervin King's recent comments making interest rate cuts in the UK look much less likely than they did a few days ago.
The Fed will obviously try to ensure a careful run-down of the business to minimise the impact elsewhere, but the US dollar is hardly going to look like a safe haven for foreign investors any time soon.
The Fed will obviously try to ensure a careful run-down of the business to minimise the impact elsewhere, but the US dollar is hardly going to look like a safe haven for foreign investors any time soon.
Sep 15th 2008, 6:53 pm
#1496
BE Enthusiast
Joined: Mar 2008
Location: new minas
Posts: 742
Re: Exchange rate
i will second that out on the p*ss if it does
Sep 15th 2008, 6:58 pm
#1497
mclauchlan35
Joined: Dec 2006
Location: Was Prestwick Ayrshire, now Canmore AB.
Posts: 999
Re: Exchange rate
With Lehman collapsing, the US financial system could be in deep poo (more precisely, in even deeper poo than the UK), so I won't be surprised to see the rate get closer to $2 in the next couple of weeks... particularly with Mervin King's recent comments making interest rate cuts in the UK look much less likely than they did a few days ago.
The Fed will obviously try to ensure a careful run-down of the business to minimise the impact elsewhere, but the US dollar is hardly going to look like a safe haven for foreign investors any time soon.
The Fed will obviously try to ensure a careful run-down of the business to minimise the impact elsewhere, but the US dollar is hardly going to look like a safe haven for foreign investors any time soon.
Sep 15th 2008, 7:03 pm
#1498
NEMESIS
Joined: Jun 2008
Location: Toronto (from Manchester)
Posts: 1,651
Sep 15th 2008, 7:12 pm
#1499
BE Enthusiast
Joined: May 2006
Location: Fall River, NS
Posts: 478
Re: Exchange rate
I had to change up money today for our house purchase. I got 1.9028 from Moneycorp. I asked them about short to medium term rates, and they were predicting a decline to mid 1.80s. Not sure how accurate this will prove to be, as they usually sit on the fence when asked to give predictions
Sep 15th 2008, 7:14 pm
#1500
NEMESIS
Joined: Jun 2008
Location: Toronto (from Manchester)
Posts: 1,651
Re: Exchange rate
I had to change up money today for our house purchase. I got 1.9028 from Moneycorp. I asked them about short to medium term rates, and they were predicting a decline to mid 1.80s. Not sure how accurate this will prove to be, as they usually sit on the fence when asked to give predictions