New lows for the pound 1.67 vs c$
Oct 6th 2009, 5:50 pm
#1
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New lows for the pound 1.67 vs c$
The pound Has fallen pass the 1.7 barrier and the next resistance seems to be at 160.
Oct 6th 2009, 6:19 pm
#2
Is it that time already
Joined: Jul 2009
Location: lake district
Posts: 430
Canadian Dollar
I've been watching the CAD over the last six months and can't believe how strong it's become against the GBP, surely it has to bottom out at some point.
Anybody have an thoughts
Anybody have an thoughts
Oct 6th 2009, 6:20 pm
#3
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Re: Canadian Dollar
My thought is that this is a lot like a thread in the main forum, so Im going to merge the two...
Oct 6th 2009, 6:28 pm
#4
Is it that time already
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Oct 6th 2009, 6:37 pm
#5
Is it that time already
Joined: Jul 2009
Location: lake district
Posts: 430
Re: New lows for the pound 1.67 vs c$
They need to start printing money to bring the Loonie back down.
Oct 6th 2009, 6:40 pm
#6
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Re: New lows for the pound 1.67 vs c$
That would be virtual parity with the USD, I can't see that happening. I think although the USA and the UK are economically in the shit, the Canadian economy has got to get sucked into the mix. This will be killing Canadian exports and subsequently killing the job market.
They need to start printing money to bring the Loonie back down.
They need to start printing money to bring the Loonie back down.
Good for some, but no so good for those of us who rely on exporting to the US!
Oct 6th 2009, 6:44 pm
#7
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Oct 6th 2009, 7:19 pm
#8
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Re: New lows for the pound 1.67 vs c$
Bring on parity - I have to buy my aircraft in US$ 
Oct 6th 2009, 7:53 pm
#12
Is it that time already
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Oct 6th 2009, 8:20 pm
#13
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Location: Near Colchester, Essex hoping to go to Port Moody, BC
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Re: New lows for the pound 1.67 vs c$
This is playing havoc with our proof of funds. Required funds started off around 18,000 CAD three years ago, so we put the money in the bank, then we put extra in to cover increases to present 20100 CAD, now we have to keep topping it up at 300GBP a go to cater for exchange rates. Or am I doing something wrong here?
When they check your docs do they check proof of funds against that day's exchange rate or is there another milestone along the process which it is marked against?
When they check your docs do they check proof of funds against that day's exchange rate or is there another milestone along the process which it is marked against?
although at least thats holding up better than the pound