dbd33

Johnson was worse for the economy than Truss, it's just that his damage is longer term. Truss is more frightening as she seems to believe there is merit in the policies she's pursuing; that wrecking the economy for the benefit of a few rich people somehow makes sense. She'll get spanked by the markets then lose her job so the harm will be fairly short term.

Tumbling_Dice

Tongue in cheek, my old mucker. Doesn't matter what party they are from, they are all p*ss poor and shouldn't be near the levers of power. No idea how we get genuinely intelligent people in though.

Souvy

I'm glad I'm not paid in pounds anymore!

DMajor

Or Euros

markan

Hi, So I have finally sold up and ready for my return back to the UK after the nightmare of covid. I am ready to exchange my C$ back to GB pound and will get a good rate now at 1.52. According to this forecast I would be better holding on for another 6 months and get approx 14K pound more per C$ 100,000 exchanged. I know forecasts are not always accurate but money and markets are not my strong point. Cash in now or wait 6 months ?. Any replies or advice are much appreciated.
Thanks Mark

markan

sorry rate reversed C$ 1 = 0.66 pound.

glendem4

Sterling is seasonally strong in the winter and weak in the summer. Best time to buy CAD has been March time and buy sterling in September. If we go into a global recession, then CAD weakens against sterling. $1.52 is a good rate to exchange.

DMajor

Inching back up to $1.70 now, not such great advice there. Glad I waited..

glendem4

It was, if you wanted sterling GBP. As I said, the best time to buy CAD is winter between now and end of Feb. $1.68 to $1.73 has a lot of volume to absorb before any chance of going higher

Revin Kevin

I think anyone who cashed in their CAD property during the summer and who has held off buying in the UK up until now is in for some great bargain hunting!