And the pound collapses........
May 9th 2010, 6:14 am
#16
Lost in BE Cyberspace
Thread Starter
Joined: Jul 2007
Posts: 13,553
Re: And the pound collapses........
Massive drop on Friday morning (due to the inconclusive election result), with GBP/AED touching 5.3160, GBP/SAR 5.4280, GBP/QAR 5.2690 and GBP/BHD 0.5465, but profit taking helped GBP to climb back to late-Thursday levels.
Still room for more downside in the next few days, I would think, especially if the markets feel that some Con-DimLibs pact is a wishy-washy compromise, with no clear policy or direction likely to emerge. GBP may also suffer if the markets start to feel more confident about the EUR, post-Greece rescue deal.
Still room for more downside in the next few days, I would think, especially if the markets feel that some Con-DimLibs pact is a wishy-washy compromise, with no clear policy or direction likely to emerge. GBP may also suffer if the markets start to feel more confident about the EUR, post-Greece rescue deal.
May 9th 2010, 6:19 am
#17
Banned
Joined: May 2010
Posts: 40
Re: And the pound collapses........
Massive drop on Friday morning (due to the inconclusive election result), with GBP/AED touching 5.3160, GBP/SAR 5.4280, GBP/QAR 5.2690 and GBP/BHD 0.5465, but profit taking helped GBP to climb back to late-Thursday levels.
Still room for more downside in the next few days, I would think, especially if the markets feel that some Con-DimLibs pact is a wishy-washy compromise, with no clear policy or direction likely to emerge. GBP may also suffer if the markets start to feel more confident about the EUR, post-Greece rescue deal.
Still room for more downside in the next few days, I would think, especially if the markets feel that some Con-DimLibs pact is a wishy-washy compromise, with no clear policy or direction likely to emerge. GBP may also suffer if the markets start to feel more confident about the EUR, post-Greece rescue deal.
May 9th 2010, 6:22 am
#18
Banned
Joined: May 2010
Posts: 40
Re: And the pound collapses........
She'll be over the North Atlantic shortly, boy I hope the Volcano is calm tonight
May 9th 2010, 6:43 am
#21
Banned
Joined: May 2010
Posts: 40
Re: And the pound collapses........
Crossing over into the Atlantic now. Oh boy, she's scared of flying. I hope she took her Zanex
May 9th 2010, 6:47 am
#22
Account Closed
Joined: Jul 2007
Posts: 7,028
Re: And the pound collapses........
If you tell me where your gold is hidden, I'll let you join my Nigerian based profit-making investment fund.
May 9th 2010, 7:29 am
#25
Banned
Joined: May 2010
Posts: 40
Re: And the pound collapses........
Thanks LJ...
My little baby is approaching Greenland now. Bless her little heart. I hope she's ok in her private first class pod
My little baby is approaching Greenland now. Bless her little heart. I hope she's ok in her private first class pod
May 9th 2010, 7:52 am
#26
Bored liberal
Joined: Feb 2007
Location: Over there ----->
Posts: 13,713
Re: And the pound collapses........
Massive drop on Friday morning (due to the inconclusive election result), with GBP/AED touching 5.3160, GBP/SAR 5.4280, GBP/QAR 5.2690 and GBP/BHD 0.5465, but profit taking helped GBP to climb back to late-Thursday levels.
Still room for more downside in the next few days, I would think, especially if the markets feel that some Con-DimLibs pact is a wishy-washy compromise, with no clear policy or direction likely to emerge. GBP may also suffer if the markets start to feel more confident about the EUR, post-Greece rescue deal.
Still room for more downside in the next few days, I would think, especially if the markets feel that some Con-DimLibs pact is a wishy-washy compromise, with no clear policy or direction likely to emerge. GBP may also suffer if the markets start to feel more confident about the EUR, post-Greece rescue deal.
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Last edited by Meow; May 9th 2010 at 8:27 am.
May 9th 2010, 8:31 am
#29
Banned
Joined: May 2010
Posts: 40
Re: And the pound collapses........
Only Meow truly understands whats happening when it comes to finance..It's just all so confusing to the rest of us
May 9th 2010, 8:33 am
#30
Banned
Joined: May 2010
Posts: 40
Re: And the pound collapses........
My credit score is 847..The only blemish on it is a Vet bill I refused to pay in 2002