Exchange rate
Mar 31st 2009, 2:17 pm
#2027
BE Enthusiast
Joined: Nov 2007
Location: Abbotsford, BC
Posts: 450
Re: Exchange rate
Looking at the exchange rate for the last 12 month the last 2 months have been the most stable fluctuating between 1.75 and 1.85 so give a good chance of achieving 1.80 in the short term near future is a reasonable target.
Mar 31st 2009, 2:37 pm
#2028
BE Forum Addict
Joined: Nov 2006
Location: Nusajaya
Posts: 2,327
Re: Exchange rate
Mar 31st 2009, 11:56 pm
#2030
Joined: Apr 2005
Posts: 9,606
Re: Exchange rate
Apr 1st 2009, 12:03 am
#2031
BE Enthusiast
Joined: Dec 2008
Location: VAN VAN COUVER COUVER!!!!
Posts: 498
Re: Exchange rate
for me, my (many times) daily point of info comes from www.advfn.com
they have many graphs.... the one i use (in conjunction with the live update) is the 12 monthly.
but looking to the 5 yearly, it is clear what the trend is.
today it is nice to say it is up to $1.82, having been sub $1.80 for some time.
for me, my best case scenario is to hit the magic toonie..... but hell, things such as these are not what life's choices ought to be based upon.
they have many graphs.... the one i use (in conjunction with the live update) is the 12 monthly.
but looking to the 5 yearly, it is clear what the trend is.
today it is nice to say it is up to $1.82, having been sub $1.80 for some time.
for me, my best case scenario is to hit the magic toonie..... but hell, things such as these are not what life's choices ought to be based upon.
Apr 1st 2009, 6:44 am
#2032
Joined: Aug 2005
Posts: 14,227
Re: Exchange rate
As for the FX rate - there have been a couple of uk government bond issues recently. The 40 year one failed (a worrying sign), however following that an index linked gilt was heavily over-subscribed. To me, this would indicate that the market thinks inflation will push up interest rates at some point - thus pushing up demand for GBP (this is my reading of it, naturally it could be a load of crap as I'm not an FX expert)
Apr 2nd 2009, 1:19 am
#2033
mclauchlan35
Joined: Dec 2006
Location: Was Prestwick Ayrshire, now Canmore AB.
Posts: 999
Re: Exchange rate
Looked a little healthier this morning at just below 1.84 no doubt will head back down just shortly.
Apr 2nd 2009, 3:10 am
#2034
BE Enthusiast
Joined: Dec 2008
Location: VAN VAN COUVER COUVER!!!!
Posts: 498
Re: Exchange rate
it got a few hundredth of a cent over 1.84 today.....
go on you beauty, only another 16 cents to go before i cash in my chips
incidentally, has anybody contacted moneycorp about changing their dosh, only to regret it due to the phone calls and e-mails it provokes out of them....?
go on you beauty, only another 16 cents to go before i cash in my chips
incidentally, has anybody contacted moneycorp about changing their dosh, only to regret it due to the phone calls and e-mails it provokes out of them....?
Apr 2nd 2009, 5:31 am
#2035
riding the saltchuck
Joined: May 2007
Location: The Warmland
Posts: 874
Re: Exchange rate
Apr 2nd 2009, 6:30 am
#2036
Citizenship Nov 10 2016!!
Joined: Feb 2008
Location: Stewiacke Nova Scotia
Posts: 6,659
Re: Exchange rate
it got a few hundredth of a cent over 1.84 today.....
go on you beauty, only another 16 cents to go before i cash in my chips
incidentally, has anybody contacted moneycorp about changing their dosh, only to regret it due to the phone calls and e-mails it provokes out of them....?
go on you beauty, only another 16 cents to go before i cash in my chips
incidentally, has anybody contacted moneycorp about changing their dosh, only to regret it due to the phone calls and e-mails it provokes out of them....?
Apr 3rd 2009, 2:57 am
#2037
Jedi
Joined: Oct 2006
Location: Winnipeg, MB
Posts: 549
Re: Exchange rate
deleted
Last edited by andrewrb143; Apr 3rd 2009 at 3:01 am. Reason: Cat wrote falsified market information on price of catnip
Apr 3rd 2009, 9:57 am
#2038
half a century
Joined: Mar 2008
Location: Sarf Lundun to East Van :)
Posts: 10,222
Re: Exchange rate
I used MC and they were fine - in bank next day!!
Apr 4th 2009, 4:35 pm
#2040
half a century
Joined: Mar 2008
Location: Sarf Lundun to East Van :)
Posts: 10,222
