GBP/AED touches 5.60.............
Nov 12th 2008, 10:04 am
#1
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GBP/AED touches 5.60.............
Within the last 15 minutes GBP/AED has touched 5.60 in the inter-bank market ……………… good news if you're sending money 'home' of course …………..
Nov 12th 2008, 10:06 am
#2
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Re: GBP/AED touches 5.60.............
Nov 12th 2008, 11:12 am
#3
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Re: GBP/AED touches 5.60.............
Can it get any lower? This is getting silly!
Nov 12th 2008, 12:03 pm
#5
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Re: GBP/AED touches 5.60.............
GBP/USD may run into some traffic at 1.50 (psychological fear of big round numbers in FX market), but with the BoE governor today pouring cold water on just about everything to do with the UK economy, don't bet against it going lower.
(NB: GBP/USD 1.50 = GBP/AED 5.51)
(NB: GBP/USD 1.50 = GBP/AED 5.51)
Nov 12th 2008, 1:30 pm
#6
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Re: GBP/AED touches 5.60.............
5.57 touched about 20 minutes ago.......... slightly higher again now........
Nov 12th 2008, 2:04 pm
#7
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Re: GBP/AED touches 5.60.............
15:00 US FED: Statement on Meeting Needs of Creditworthy Borrowers Boston,
November 12. The Treasury, FDIC and Fed issued a joint statement this morning
calling on "all banking organizations to fulfill their fundamental role in the
economy as intermediaries of credit to business, consumers and other
creditworthy borrowers. They warn that excessively tightening underwriting
standards now may exacerbate current market conditions, slow growth and damage
the economy. The statement is similar to FHFA's efforts to work with existing
borrowers to avoid preventable disclosures, sufficiently fund mortgage servicing
operations. More.
Nov 12th 2008, 3:37 pm
#8
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Re: GBP/AED touches 5.60.............
5.47 - low
5.49 now
5.49 now
