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-   -   $1.876 (https://britishexpats.com/forum/usa-57/%241-876-a-555011/)

Emma M Aug 13th 2008 10:29 am

Re: $1.876
 

Originally Posted by nethead (Post 6677809)
Maybe he was calling someone else a bitch for how they'd replied to you, and showing you his support by giving you karma. Don't know, but could be??

He said "WTF what a bitch!" (in my karma) to my reply to the original post on this thread. Maybe I got it wrong in what he meant?
I just didn't expect that sort of reply, least of all from ABY, he's usually a nice poster and all because I'm glad that the dollar is getting stronger, it means that any of us who travel back to the UK in the near future get to do so with more money in our pockets, and I'm glad of it because I'll be moving back soon and I'll be able to make the most of my money too.

Emma M Aug 13th 2008 10:33 am

Re: $1.876
 

Originally Posted by Mallory (Post 6676439)
Yep, will help with the child support payments you have to send back to the UK for your kids. Exchange rate will help.

I'll be there in the next few weeks anyway, so that isn't much of an issue is it? :thumbup:

Mallory Aug 13th 2008 11:28 am

Re: $1.876
 

Originally Posted by nethead (Post 6677089)
Blimey Mallory have you had your claws sharpened recently?

Blimey - it was a j-o-k-e !!!

SagenOnion Aug 13th 2008 12:30 pm

Re: $1.876
 

Originally Posted by Emma M (Post 6677737)
BTW ABY... if you want to start calling me a bitch when you send me karma,
1. realise you're sending me karma, duh, and
2. at least have the decency to tell me why I am one.
Thanks! :thumbup:

Doesn't sound like ABY at all. Could it have been AYB or BAY or BYA of FFS perhaps?

cindyabs Aug 13th 2008 2:06 pm

Re: $1.876
 

Originally Posted by zargof (Post 6676139)
And it's still falling... For me this is good news as I have debts that I have to pay back in the UK, so it means less $ each month. I'm not sure about the comment in the article about the dollar's recovery being sustainable. The dollar was always going to rebound, it was just a question of when. Now it seems like the US economy is slowly starting to recover, but the worst is yet to come for the UK economy, so unless something changes then I can't see the pound rebounding any time soon.

Us too, a mortgage! :)

Emma M Aug 13th 2008 2:14 pm

Re: $1.876
 

Originally Posted by SagenOnion (Post 6678092)
Doesn't sound like ABY at all. Could it have been AYB or BAY or BYA of FFS perhaps?

I know it doesn't, which is why I'm hoping I was wrong in how it seemed to appear!

BritishGuy36 Aug 14th 2008 3:28 am

Re: $1.876
 
Back to topic!

I note it's on its way back up now - slowly.... :thumbsup: ....long may it continue (well at least till I send my moola over there) :p

lansbury Aug 14th 2008 3:51 am

Re: $1.876
 

Originally Posted by BritishGuy36 (Post 6679799)
Back to topic!

I note it's on its way back up now - slowly.... :thumbsup: ....long may it continue (well at least till I send my moola over there) :p

End of last month one of the brokers in the HiFX office is San Francisco told me they expected it to be $2.10 by next January. The decline started the next day.

lansbury Aug 14th 2008 3:56 am

Re: $1.876
 
Jonathan Loynes, chief European economist at Capital Economics, thinks the pound could fall as far as $1.65 by the end of 2009.

http://news.bbc.co.uk/1/hi/business/7560122.stm

BritishGuy36 Aug 14th 2008 4:01 am

Re: $1.876
 

Originally Posted by lansbury (Post 6679826)
End of last month one of the brokers in the HiFX office is San Francisco told me they expected it to be $2.10 by next January. The decline started the next day.

Yeah I think it's getting more unpredictable. And I predict it will become moreso. :p

Lansbury, I know you had to renegotiate your "standing order" rate at some point...did you manage to do that before the drop or are you still to do that yet? :unsure:

zargof Aug 14th 2008 4:06 am

Re: $1.876
 

Originally Posted by BritishGuy36 (Post 6679799)
Back to topic!

I note it's on its way back up now - slowly.... :thumbsup: ....long may it continue (well at least till I send my moola over there) :p

I don't see it going any higher than 1.90 tbh. I think the US economy is close to bottoming out, but the UK economy has a long way to go yet, so I see the dollar getting stronger over the next few months. Good for me, bad for you. But I've been sufferring from a weak dollar for over a year now, so it's about time for a change...

Giantaxe Aug 14th 2008 4:13 am

Re: $1.876
 

Originally Posted by lansbury (Post 6679832)
Jonathan Loynes, chief European economist at Capital Economics, thinks the pound could fall as far as $1.65 by the end of 2009.

http://news.bbc.co.uk/1/hi/business/7560122.stm

I think the £ is vulnerable because in terms of purchasing power parity it's still way overvalued. Additionally, the Bank of England is predicting essentially a recession over the next year, the UK housing and credit markets seem to be in almost as big a mess as the US's and UK consumers are actually more indebted than even their US counterparts. Not a pretty picture for the UK economy moving forward.

zargof Aug 14th 2008 4:22 am

Re: $1.876
 

Originally Posted by Giantaxe (Post 6679855)
I think the £ is vulnerable because in terms of purchasing power parity it's still way overvalued. Additionally, the Bank of England is predicting essentially a recession over the next year, the UK housing and credit markets seem to be in almost as big a mess as the US's and UK consumers are actually more indebted than even their US counterparts. Not a pretty picture for the UK economy moving forward.

Now would be a good time to post this, it keeps me amused. :)

http://www.thedailymash.co.uk/news/b...-200808141172/

britvic Aug 14th 2008 9:45 am

Re: $1.876
 

Originally Posted by Emma M (Post 6677737)
BTW ABY... if you want to start calling me a bitch when you send me karma,
1. realise you're sending me karma, duh, and
2. at least have the decency to tell me why I am one.
Thanks! :thumbup:

:ohmy: I cant believe it.

Emma M Aug 14th 2008 10:51 am

Re: $1.876
 

Originally Posted by britvic (Post 6680333)
:ohmy: I cant believe it.

It's ok, we got it sorted out, it was a misunderstanding :)


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