British Expats - GBP well over $1.90 today

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British Expats (https://britishexpats.com/forum/)

- New Zealand (https://britishexpats.com/forum/new-zealand-83/)

- - GBP well over $1.90 today (https://britishexpats.com/forum/new-zealand-83/gbp-well-over-%241-90-today-727393/)

Genesis

Aug 8th 2011 4:14 am

Re: GBP well over $1.90 today

Quote:

Originally Posted by DC10 (Post 9539253)

There is a sudden risk aversion, market sell-off, fears of another global recession... which always knocks "commodity" currencies such as the Aussie, Kiwi and Canadian $.

$1.98 today and still going up. I am glad I did not lose my bottle at $1.85. I wonder where we will be in 48 hours??

florabundi

Aug 8th 2011 7:56 am

Re: GBP well over $1.90 today

Hold on to those positive thoughts! :fingerscrossed:

johnht

Aug 8th 2011 8:11 am

Re: GBP well over $1.90 today

Quote:

Originally Posted by Genesis (Post 9544024)

$1.98 today and still going up. I am glad I did not lose my bottle at $1.85. I wonder where we will be in 48 hours??

A few days ago I was thinking, 'Can't exchange my GBPs now, the rate is terrible and will probably fall some more while I'm organising the transfer.'
Now I'm thinking, ' Best not exchange now as the rate might go up again tomorrow and then I'd be spitting.'

What a dilemma:confused:

John.

BEVS	Aug 8th 2011 11:00 pm

Re: GBP well over $1.90 today

Quote:

Originally Posted by johnht (Post 9544251)

:lol: Been there. Done that. Ran out of steam in the end.

Genesis

Aug 8th 2011 11:50 pm

Re: GBP well over $1.90 today

Quote:

Originally Posted by BEVS (Post 9545841)

:lol: Been there. Done that. Ran out of steam in the end.

I cannot believe that the pound aint tanking right now in light of the riots eh?

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