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What is happening?

What is happening?

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Old Aug 9th 2011, 12:42 am
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Default What is happening?

Riots all over the UK, the FTSE has lost almost 20% of its value in about 2 weeks and the pound is rallying???? Over 2 bucks now!!
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Old Aug 9th 2011, 12:44 am
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Default Re: What is happening?

. I know it's serious stuff Gen. but the 2 bucks bit really made me giggle.
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Old Aug 9th 2011, 12:48 am
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Default Re: What is happening?

Originally Posted by BEVS
. I know it's serious stuff Gen. but the 2 bucks bit really made me giggle.
As I said somewhere else you would think it would tank eh? Mind you the kiwi soared arvo the EQ. I wonder if 2 is as good as it gets..mind you I was tempted to cah up at 1.98 having seen 1.85 last week.
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Old Aug 9th 2011, 1:49 am
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Default Re: What is happening?

Originally Posted by Genesis
As I said somewhere else you would think it would tank eh? Mind you the kiwi soared arvo the EQ. I wonder if 2 is as good as it gets..mind you I was tempted to cah up at 1.98 having seen 1.85 last week.
Bloody hell. Its 2.o2 now, was almost 2.034 a while ago.
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Old Aug 9th 2011, 2:15 am
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Default Re: What is happening?

Originally Posted by Genesis
Bloody hell. Its 2.o2 now, was almost 2.034 a while ago.
I think what is happening is all about the kiwi and other stuff in global terms like the sharemarket implosion. It matters not if Rome is burning the GBP will see strength in the kiwi tanking. The kiwi slid below 80cents US this day. Its back to just above 80 now.
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Old Aug 9th 2011, 4:59 am
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Default Re: What is happening?

Originally Posted by Genesis
Riots all over the UK, the FTSE has lost almost 20% of its value in about 2 weeks and the pound is rallying???? Over 2 bucks now!!
Just the usual summer madness. Hope you've got your Forex lined up and ready to go
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Old Aug 9th 2011, 5:11 am
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Default Re: What is happening?

Originally Posted by Expat Kiwi
Just the usual summer madness. Hope you've got your Forex lined up and ready to go
Yeah I am really tempted to buy a big bunch of kiwis at 2 for 1. Not sure we will see much more for now, what do you reckon??
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