Exchange rate prediction
May 28th 2010 | 4:35 am
#1
Thread Starter
BE Enthusiast
Joined: Jun 2008
Posts: 761
From: Sherwood Park - Alberta
Exchange rate prediction
Anyone heard any predictions of how the £ and $ are going to do over the coming months ?
Can't seem to find anything on the usual sites.
JET
Can't seem to find anything on the usual sites.
JET
May 28th 2010 | 4:52 am
#2
Moderαtor Emeritus
Joined: Sep 2003
Posts: 30,771
From: Upstate South Carolina
Re: Exchange rate prediction
Either up or down would be my guess....
There is a very long running exchange rate thread where there may be other more educated opinions... It rather quaintly starts "Damn, its down to $2.25 now"...that gives an idea how long its been running, over 2500 posts.
http://britishexpats.com/forum/showthread.php?t=442788
There is a very long running exchange rate thread where there may be other more educated opinions... It rather quaintly starts "Damn, its down to $2.25 now"...that gives an idea how long its been running, over 2500 posts.
http://britishexpats.com/forum/showthread.php?t=442788
Last edited by iaink; May 28th 2010 at 4:54 am.
May 28th 2010 | 5:51 am
#3
Joined: Aug 2005
Posts: 14,227
Re: Exchange rate prediction
Either up or down would be my guess....
There is a very long running exchange rate thread where there may be other idle speculation... It rather quaintly starts "Damn, its down to $2.25 now"...that gives an idea how long its been running, over 2500 posts.
http://britishexpats.com/forum/showthread.php?t=442788
There is a very long running exchange rate thread where there may be other idle speculation... It rather quaintly starts "Damn, its down to $2.25 now"...that gives an idea how long its been running, over 2500 posts.
http://britishexpats.com/forum/showthread.php?t=442788
May 28th 2010 | 5:53 am
#4
Lowering the tone
Joined: Mar 2007
Posts: 8,154
From: Here and there
Re: Exchange rate prediction
It'll get to $1.25 by the end of the year. Put your house on it.
May 28th 2010 | 5:56 am
#5
Moderαtor Emeritus
Joined: Sep 2003
Posts: 30,771
From: Upstate South Carolina
Re: Exchange rate prediction
Perhaps I should edit the original in order to more accurately reflect the truth and protect you from yourself
.
I noted with interest the hopelessly inaccurate opinion of a poster by the handle "notiaink...honest" in saying that a 2.07 is was bound to go up again sooner or later. What a load of ignorant tosh, whoever that poster is should be ashamed of themselves.
.I noted with interest the hopelessly inaccurate opinion of a poster by the handle "notiaink...honest" in saying that a 2.07 is was bound to go up again sooner or later. What a load of ignorant tosh, whoever that poster is should be ashamed of themselves.
May 28th 2010 | 6:06 am
#6
Joined: Jul 2005
Posts: 15,883
Re: Exchange rate prediction
May 28th 2010 | 6:11 am
#7
Moderαtor Emeritus
Joined: Sep 2003
Posts: 30,771
From: Upstate South Carolina
Re: Exchange rate prediction
I dont know, I was on a self imposed sabatical from this madness at the time. Now 20k posts is looming ever nearer
Someone should check, after all its against the rules to have duplicate IDs...
. Now 20k posts is looming ever nearerSomeone should check, after all its against the rules to have duplicate IDs...
Last edited by iaink; May 28th 2010 at 6:14 am.
May 28th 2010 | 6:27 am
#8
Joined: Jul 2005
Posts: 15,883
Re: Exchange rate prediction
Now all you have to do is find him.
May 28th 2010 | 6:33 am
#9
Joined: Jul 2007
Posts: 2,139
Re: Exchange rate prediction
Disclaimer: I profusely apologise for any frivolity in this post, perceived or otherwise.
May 28th 2010 | 5:36 pm
#10
BE Enthusiast
Joined: Sep 2003
Posts: 678
From: Christina Lake. BC
Re: Exchange rate prediction
August 27 2010 Below $1.35
May 28th 2010 | 7:38 pm
#11
Lowering the tone
Joined: Mar 2007
Posts: 8,154
From: Here and there
Re: Exchange rate prediction
It'll get to 2.20 by the end of the year. Put your house on it.
May 29th 2010 | 10:11 am
#13
BE Enthusiast
Joined: Jul 2008
Posts: 534
From: Toronto
Re: Exchange rate prediction
Purchasing power parity suggests that GBP is currently undervalued vs. CAD. Unless there is a sustained bout of high inflation in GBP that suggests that, at some point, the value of the pound will rise again. I wouldn't care to speculate when that would be or whether it fall before it goes up again but, if you have no short term (1-3 year) need to transfer money, it most likely makes sense to wait and see. That's what I plan to do btw, so I am putting my money where my mouth is.
May 29th 2010 | 2:54 pm
#14
BE Forum Addict
Joined: Nov 2003
Posts: 2,466
From: Formally Scotland. Now Bay of Quinte...Ontario
Re: Exchange rate prediction
Purchasing power parity suggests that GBP is currently undervalued vs. CAD. Unless there is a sustained bout of high inflation in GBP that suggests that, at some point, the value of the pound will rise again. I wouldn't care to speculate when that would be or whether it fall before it goes up again but, if you have no short term (1-3 year) need to transfer money, it most likely makes sense to wait and see. That's what I plan to do btw, so I am putting my money where my mouth is.
Ditto....
May 30th 2010 | 7:49 am
#15
Forum Regular
Joined: Feb 2010
Posts: 232
From: Dunoon, Argyll, Scotland & Vancouver Island
