USD / GBP

Old Jan 20th 2009, 10:49 am
  #1  
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Default USD / GBP

As of this post: 1.40118

and still falling

All our savings are in £s, and we're moving back to California in August.

My wife and I had our GBP salaries set a year ago based on our USD salaries and an exchange rate of 1:2 at the time. :curse:

On the bright side at least we don't own a house, or any RBS shares!

Last edited by notacrime; Jan 20th 2009 at 10:49 am. Reason: grammar
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Old Jan 20th 2009, 11:04 am
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Default Re: USD / GBP

1.39903

I have to stop looking.
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Old Jan 20th 2009, 11:08 am
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Default Re: USD / GBP

Originally Posted by notacrime View Post
1.39903

I have to stop looking.
$1.39 ? Jeez - might have to go home for a week if it keeps falling. Now, if Dunfermline can make it to the Scottish Cup Final (again) I might be able to persuade the wife to let me go.
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Old Jan 20th 2009, 11:39 am
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Default Re: USD / GBP

Originally Posted by notacrime View Post
1.39903

I have to stop looking.
You do have to stop. It's not good for you. Not that that will stop me from looking and worrying
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Old Jan 20th 2009, 12:20 pm
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Default Re: USD / GBP

I just did a transfer from HSBC to Fifth Third, and got 1.39...... ack
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Old Jan 20th 2009, 1:32 pm
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Default Re: USD / GBP

Originally Posted by clarissageo View Post
I just did a transfer from HSBC to Fifth Third, and got 1.39...... ack
Good deal, because it's now $1.38!
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Old Jan 20th 2009, 2:19 pm
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Default Re: USD / GBP

I just did my morning check, WOE. Still can't see why its dropping so badly against the crap $ economy or the Euro.

Reg. Frank R.
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Old Jan 20th 2009, 2:22 pm
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Default Re: USD / GBP

Originally Posted by frrussre View Post
I just did my morning check, WOE. Still can't see why its dropping so badly against the crap $ economy or the Euro.

Reg. Frank R.
However, sterling continued to plunge today and Jim Rogers, who co-founded the Quantum fund with George Soros, the billionaire investor, told Bloomberg: “I would urge you to sell any sterling you might have. It’s finished. I hate to say it, but I would not put any money in the UK”.
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Old Jan 20th 2009, 2:28 pm
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Default Re: USD / GBP

Originally Posted by Ray View Post
However, sterling continued to plunge today and Jim Rogers, who co-founded the Quantum fund with George Soros, the billionaire investor, told Bloomberg: “I would urge you to sell any sterling you might have. It’s finished. I hate to say it, but I would not put any money in the UK”.
Soros & the £, now theres a combination. Um! deja Vu

Hows the weather up there Ray? Chilly down south.
Reg. Frank R.
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Old Jan 20th 2009, 2:28 pm
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Default Re: USD / GBP

Originally Posted by frrussre View Post
I just did my morning check, WOE. Still can't see why its dropping so badly against the crap $ economy or the Euro.

Reg. Frank R.
Maybe because Brown and Darling appear to be throwing good money after bad.

It really is amazing that USD is strong considering the economy there though, you are right. None of the financial 'wizards' know what to do with their money, so they're buying up USD t-bills. Shows you what kind of a mess the rest of the world economy is in!
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Old Jan 20th 2009, 2:31 pm
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Default Re: USD / GBP

Originally Posted by frrussre View Post
Soros & the £, now theres a combination. Um! deja Vu

Hows the weather up there Ray? Chilly down south.
Reg. Frank R.
In the 50f ..but it is winter

Of course Soros has business with the Messiah
they are very close
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Old Jan 20th 2009, 2:34 pm
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Default Re: USD / GBP

Originally Posted by Ray View Post
However, sterling continued to plunge today and Jim Rogers, who co-founded the Quantum fund with George Soros, the billionaire investor, told Bloomberg: “I would urge you to sell any sterling you might have. It’s finished. I hate to say it, but I would not put any money in the UK”.
Oh ffs. ERM all over again.
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Old Jan 20th 2009, 2:35 pm
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Default Re: USD / GBP

Is there a way I can vote for Gordon Brown? At this rate the dollar is going to be worth more than the pound. Go Gordon!!
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Old Jan 20th 2009, 3:19 pm
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Default Re: USD / GBP

Originally Posted by YankeemovingAbroad View Post
Is there a way I can vote for Gordon Brown? At this rate the dollar is going to be worth more than the pound. Go Gordon!!
I wouldn't go that far,


However selfish it may sound, it hasn't hurt my feelings that those months when the dollar was tanking against the pound and it cost us more and more every month to send over the mortgage, it's been a bit easier on us lately.
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Old Jan 20th 2009, 3:47 pm
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Default Re: USD / GBP

Originally Posted by cindyabs View Post
I wouldn't go that far,


However selfish it may sound, it hasn't hurt my feelings that those months when the dollar was tanking against the pound and it cost us more and more every month to send over the mortgage, it's been a bit easier on us lately.
I hope the exchange works to your advantage.
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