US ($) Currency Thread 2

sabretoothtigger

inspector_monkfish wrote: »

1.6705 trading

Not according to halifax

GBP Amount
£ 100.00

GBP Fee
£ 9.50


GBP Total
£ 109.50


US Dollar (USD) Amount
160.20



Exchange rate
1.6020

Looks like they just ripped me off 7 dollars as well as a tenner, 4% spread I guess they call that


To be fair they gave me a better rate if I buy on a trading desk with no charge it looks like -

Buy FX Rate: 1.6661

Cade_Foster

sabretoothtigger wrote: »

Not according to halifax

Looks like they just ripped me off 7 dollars as well as a tenner, 4% spread I guess they call that
-

As has been said many times before the 1.67 is the actual trading rate not the tourist rate you will not get the 1.67 anywhere.

£10 charges to change £100 I cannot understand for the life of me why you paid that, would it not have been easier to walk into a Travel agents, I got 1.63 to the £ at Thomas Cook on Saturday with no charges.

Cade_Foster

Im hesitant to say it but looking good on xe this morning 1.67791.

Cade_Foster

1.68058 from xe we are into the 1.68s:j

inspector_monkfish

1.6825 trading

inspector_monkfish

09:34 03Aug09 Gbp storms higher again after surprise expansionary PMI

08:34 GMT - It is all [GBP] at present and the 50.8 UK Jul manuf PMI result is
an instant positive. This is the best showing since Mar 2008 and is well
above the 47.8 forecast. Cable is immediately higher on the numbers, up
another calf cent or so to a 1.6828 best and 0.8462 in the cross. To
reiterate 1.7000 and 0.8400 the next bull targets and we suspect after
that data the calls for such levels will grow ever louder.

inspector_monkfish

1.6845 trading

kefrif

Whaddya think guys - $1.70 trading by weeks end? Big news in the week coming, what with GDP and a rate decision - so it could be a bit choppy... but I will be optimistic!

flicketyflick

Im boucing around like a loon:D .
I go away in 18 days!!
I am loving the 1.68.
whooooooop.

sabretoothtigger

A reversal is possible its said - http://forums.moneysavingexpert.com/showthread.html?p=23874139#post23874139

Seems mighty high, wondering if its a new trend. Uk Banks look bullish it seems but more to come

Sterling Index At 0900 GMT
(JAN 2005=100) INDEX GBP/USD EUR/GBP
PREVIOUS CLOSE 83.5 1.6579 0.8551
OPEN 83.9 1.6699 0.8509
10 AM 84.4 1.6839 0.8477
NOON
2 PM
4 PM
Contact London Newsroom, Dow Jones Newswire