Currency $/£
Nov 11th 2005, 3:23 pm
#1
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Currency $/£
Anyone keeping an eye on it. Worth $1.74/£ at the time of posting.
Nov 11th 2005, 3:33 pm
#2
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Re: Currency $/£
Originally Posted by tony126
Anyone keeping an eye on it. Worth $1.74/£ at the time of posting.
Nov 11th 2005, 3:37 pm
#3
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Re: Currency $/£
Originally Posted by AmerLisa
My MIL is, she and my SIL are arriving tomorrow and they, of course want more bang for their buck!
Nov 11th 2005, 3:38 pm
#4
Joined: Oct 2002
Posts: 1,750
Re: Currency $/£
Originally Posted by tony126
Anyone keeping an eye on it. Worth $1.74/£ at the time of posting.
Nov 11th 2005, 3:40 pm
#5
Lost in BE Cyberspace
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Re: Currency $/£
Originally Posted by lionheart
Please send photos and bra sizes and I will consider some free banging
Nov 11th 2005, 3:42 pm
#6
Pass me the Marmite..
Joined: Feb 2004
Location: Atlanta, GA.
Posts: 864
Re: Currency $/£
1.9 early next year in my view... It can't go much more the other way.
Deficit is forcing raise of interest rates and they soon won't be able to stop... This is STINKS to me of the months in the Thatcher Era when rates shot up to 14%....
They are talking of low GDP next year (it's falling now), higher rates and not extending tax cuts.... unless Bush curbs spending, this is going to be a rough 2-3 years !!!
Sorry to be doom and gloom but i have seen this all before.....
Deficit is forcing raise of interest rates and they soon won't be able to stop... This is STINKS to me of the months in the Thatcher Era when rates shot up to 14%....
They are talking of low GDP next year (it's falling now), higher rates and not extending tax cuts.... unless Bush curbs spending, this is going to be a rough 2-3 years !!!
Sorry to be doom and gloom but i have seen this all before.....
Nov 11th 2005, 3:45 pm
#7
Joined: Oct 2002
Posts: 1,750
Re: Currency $/£
Originally Posted by franc11s
1.9 early next year in my view... It can't go much more the other way.
Deficit is forcing raise of interest rates and they soon won't be able to stop... This is STINKS to me of the months in the Thatcher Era when rates shot up to 14%....
They are talking of low GDP next year (it's falling now), higher rates and not extending tax cuts.... unless Bush curbs spending, this is going to be a rough 2-3 years !!!
Sorry to be doom and gloom but i have seen this all before.....
Deficit is forcing raise of interest rates and they soon won't be able to stop... This is STINKS to me of the months in the Thatcher Era when rates shot up to 14%....
They are talking of low GDP next year (it's falling now), higher rates and not extending tax cuts.... unless Bush curbs spending, this is going to be a rough 2-3 years !!!
Sorry to be doom and gloom but i have seen this all before.....
Those tax cuts should never have been made
I think it could still go either way. Everything seems to be based on opinions and faith...
Nov 11th 2005, 3:51 pm
#8
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Re: Currency $/£
Originally Posted by Chorlton
I think it could still go either way. Everything seems to be based on opinions and faith...
I favour tea leaves myself
Nov 11th 2005, 10:45 pm
#9
No, it's toe-mart-o!
Joined: Jul 2004
Location: Manhattan
Posts: 264
Re: Currency $/£
[QUOTE=franc11s]1.9 early next year in my view... It can't go much more the other way.
Deficit is forcing raise of interest rates and they soon won't be able to stop... QUOTE]
If the deficit is forcing interest rates in the US to rise whilst the UK is stable (perhaps falling if the bank can curb inflation) then surely the $ will continue to strengthen as people/banks/governments move money back to the $ for a better return?
Deficit is forcing raise of interest rates and they soon won't be able to stop... QUOTE]
If the deficit is forcing interest rates in the US to rise whilst the UK is stable (perhaps falling if the bank can curb inflation) then surely the $ will continue to strengthen as people/banks/governments move money back to the $ for a better return?
Nov 11th 2005, 11:04 pm
#10
Septicity
Joined: May 2004
Posts: 23,762
Re: Currency $/£
Originally Posted by Chandler
If the deficit is forcing interest rates in the US to rise whilst the UK is stable (perhaps falling if the bank can curb inflation) then surely the $ will continue to strengthen as people/banks/governments move money back to the $ for a better return?
Nov 11th 2005, 11:54 pm
#11
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Re: Currency $/£
Originally Posted by fatbrit
Would you pour money into a reckless spender and near bankrupt who shows no wish to change their ways?
Nov 12th 2005, 12:19 am
#12
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Re: Currency $/£
Originally Posted by AmerLisa
My MIL is, she and my SIL are arriving tomorrow and they, of course want more bang for their buck!
2 months in the sun, you just can't please some people.
Nov 12th 2005, 2:27 pm
#13
No, it's toe-mart-o!
Joined: Jul 2004
Location: Manhattan
Posts: 264
Re: Currency $/£
Originally Posted by fatbrit
Would you pour money into a reckless spender and near bankrupt who shows no wish to change their ways?
I could write more, but the FT have done it all for me (article dated 11 Nov):
http://news.ft.com/cms/s/ebd704b2-52...0779e2340.html
Nov 18th 2005, 9:21 am
#14
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Location: Moved from Georgetown to Round Rock, Texas. 15 miles closer to civilization.
Posts: 936
Re: Currency $/£
Still falling $1.71 this morning in London.
Anyone prepared to speculate as to how far it will fall before is starts to go up again?
Alex.
Anyone prepared to speculate as to how far it will fall before is starts to go up again?
Alex.
Nov 18th 2005, 9:58 am
#15
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Joined: Sep 2005
Posts: 83
Re: Currency $/£
Originally Posted by tony126
Anyone keeping an eye on it. Worth $1.74/£ at the time of posting.
I've just stopped trading FX for a living, and plan to move over too the US, as many of you know, in a new profession.
<<Admin Edit - Tel no. removed, PM member for contact details>>
Last edited by Sue; Nov 20th 2005 at 9:00 pm. Reason: Tel No. removed for privacy reasons.