Grace O Malley

yeah keep dropping!

Roadking

4 sounds like a good number

IndieG

Also due to speculation that the European central banks will cut interest rates as the global economy is heading for a major recession.

6.034 now....

Madam Medusa

so is monsieur medusa, this is a disaster...

MM, xx

scarletfan

I know exactly how he feels.
Still, hopefully things are about to change soon, for me at least!

Karlos The Jackal

Getting paid in GBP is shite at the minute, looks like I will have to cut the Stella down !

Oh forget that.................I'll just not eat instead !

Grace O Malley

5.5 will do for me

Roadking

That's just not greedy enough! You are obviously not a landlord,... erm or landlady

Grace O Malley

lol, How greedy should I be?

IndieG

5.85....now

scarletfan

What's your prediction Indie?
Is the exchange rate going to keep falling, or stabilize out soon?

IndieG

There are many methods for predicting the future. For example, you can read horoscopes, tea leaves, tarot cards, or crystal balls. Collectively, these methods are known as \"nutty methods.\" Or you can put well-researched facts into sophisticated computer models, more commonly referred to as \"a complete waste of time......Dilbert

The nutty methods are more reliable these days, so let me consult with my tarrot cards and tea leaves....

Right, here you go: The medium term trend looks bearish; most likely the bottom is still away. There may be short term bounce backs.

Madam Medusa

i think it will stabilise, maybe it's just wishful thinking, but the initial drop was a knee-jerk reaction to bank of england's statement...

mind you, at least i get paid in dhs, so at least one of us in our household is going to be ok no matter what happens...!

MM, xx

IndieG

The yen is at a 13 year high against the $

At least my car has gone up in value

IndieG

good strategy and hedge!

Touched 5.72 a couple of minutes ago....geez it is crazy this morning...

The Indian stock markets are down 9% today...OUCH!