|
Re: Exchange rate
There's a rumour that the US may cut rates to 1%!!! That would normally not help the USD.... but what's normal about the times we live in today!:ohmy:
|
Re: Exchange rate
Originally Posted by Southcote
(Post 6786324)
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
|
Re: Exchange rate
Originally Posted by geedee
(Post 6786390)
7 figure bonuses
|
Re: Exchange rate
Goodness..... up 4 cents today!
|
Re: Exchange rate
Originally Posted by geedee
(Post 6793828)
Goodness..... up 4 cents today!
|
Re: Exchange rate
Originally Posted by dazzlerdaz
(Post 6793858)
Just a bit more and i`m gonna change some of mine :thumbup:
|
Re: Exchange rate
Originally Posted by AndyBCbound
(Post 6793873)
now you've done it it's gonna drop :rofl::rofl::rofl:
|
Re: Exchange rate
Originally Posted by dazzlerdaz
(Post 6793925)
You're probably right :lol::lol:
|
Re: Exchange rate
Originally Posted by AndyBCbound
(Post 6794248)
Well it finished the day at 1.9477 Whayhaaaaaaaaaaaaaaaa:thumbsup::thumbsup::thumbsup ::thumbsup::thumbsup::thumbsup::thumbsup::thumbsup ::thumbsup::thumbsup::
I changed some around lunch time (for my welcome tax, long overdue, couldn't muster the 'begging cap' to the bank for a line of credit!), and 'lost' a couple of hundred by not toughing it out until the end of the day,:( |
Re: Exchange rate
Why did it go up today?
|
Re: Exchange rate
It went up today because I changed $15k yesterday - called Sod's Law...
|
Re: Exchange rate
Originally Posted by G77
(Post 6794809)
It went up today because I changed $15k yesterday - called Sod's Law...
Shouldn't laugh really..... does anyone ever win changing money? Cneldred, are you receiving, over? |
Re: Exchange rate
Originally Posted by geedee
(Post 6794975)
:lol::lol::lol::lol:
Shouldn't laugh really..... does anyone ever win changing money? Cneldred, are you receiving, over? |
Re: Exchange rate
Sorry as you can imagine it has been mental this week.
There was a co-ordinated liquidity operation by all the major central banks this morning, this appears far from over. This isn't because interest rates are too high, this is because banks refuse to lend money to each, there is no trust left. There are also verious stories of huge 'bear attacks' on stocks of the banks, basically they are accusing groups of shorting the hell out of stocks, spreading negative stories about those banks, causing the shareprice to collapse, making it impossible for the banks to raise further funds. Therefore the various central banks are stepping up to provide funding for everyone, how deep are their pockets, who knows?? Long term effects, the US government is going to have to print more and more money (M3) to fund these bail outs and that is very negative is the long term. Has anyone noticed none of the Canadian banks have been caught up in this so far?? If that continues then CAD$ will benefit massively. |
Re: Exchange rate
Originally Posted by cneldred
(Post 6795803)
Sorry as you can imagine it has been mental this week.
There was a co-ordinated liquidity operation by all the major central banks this morning, this appears far from over. This isn't because interest rates are too high, this is because banks refuse to lend money to each, there is no trust left. There are also verious stories of huge 'bear attacks' on stocks of the banks, basically they are accusing groups of shorting the hell out of stocks, spreading negative stories about those banks, causing the shareprice to collapse, making it impossible for the banks to raise further funds. Therefore the various central banks are stepping up to provide funding for everyone, how deep are their pockets, who knows?? Long term effects, the US government is going to have to print more and more money (M3) to fund these bail outs and that is very negative is the long term. Has anyone noticed none of the Canadian banks have been caught up in this so far?? If that continues then CAD$ will benefit massively. |
| All times are GMT. The time now is 4:00 am. |
Powered by vBulletin: ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.