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-   -   OMG. dollar/pound rate...... (https://britishexpats.com/forum/canada-56/omg-dollar-pound-rate-582940/)

gibsonslanding Jan 9th 2009 12:34 pm

OMG. dollar/pound rate......
 
OMG....yesterday dollar/pound rate at $1.77......today $1.82.....what happened? and can someone lend me some money as our money is tied up in the house 'for another week or two'.....wanna buy buy buy.......

FlirtyKnickers Jan 9th 2009 12:37 pm

Re: OMG. dollar/pound rate......
 

Originally Posted by gibsonslanding (Post 7145016)
OMG....yesterday dollar/pound rate at $1.77......today $1.82.....what happened? and can someone lend me some money as our money is tied up in the house 'for another week or two'.....wanna buy buy buy.......

I've a fiver if thats any good to ya:thumbsup:

Thats about it really...until the house sells:rofl:

Tangram Jan 9th 2009 12:39 pm

Re: OMG. dollar/pound rate......
 

Originally Posted by gibsonslanding (Post 7145016)
OMG....yesterday dollar/pound rate at $1.77......today $1.82.....what happened? and can someone lend me some money as our money is tied up in the house 'for another week or two'.....wanna buy buy buy.......

Just remember the rate you get will be slightly lower than advertised by a couple of points.

paolosmythe Jan 9th 2009 12:46 pm

Re: OMG. dollar/pound rate......
 
i saw it shoot up to about 1.83 yesterday.... before falling back to around 1.79 a few hours later.

perhaps it had something to do with the .5% interest rate cut?

who knows???

in any event, it is back to about 1.82..... but still some way short of my 'dreamed of' toonie!

G77 Jan 9th 2009 12:49 pm

Re: OMG. dollar/pound rate......
 
Likely to have been because the traders were expecting a larger interest rate cut and it didn't happen....

agr Jan 9th 2009 3:13 pm

Re: OMG. dollar/pound rate......
 

Originally Posted by G77 (Post 7145061)
Likely to have been because the traders were expecting a larger interest rate cut and it didn't happen....

The $1.83 euphoria only lasted about 3 hours before falling back below $1.80. Today there has been a slight recovery, presumably related to Canadian unemployment stats. I'm not at all convinced we'll see $1.85 again, at least in the next few months.

Inse Jan 9th 2009 3:24 pm

Re: OMG. dollar/pound rate......
 

Originally Posted by gibsonslanding (Post 7145016)
'.....wanna buy buy buy.......

Try talking to Ontheboatout. :lol:

deanjp32 Jan 9th 2009 3:41 pm

Re: OMG. dollar/pound rate......
 

Originally Posted by Inse (Post 7145586)
Try talking to Ontheboatout. :lol:

i wouldn't and i know the fool


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