US ($) Currency Thread 2

inspector_monkfish

16:27 04Sep09 Next week - A big UK data week to smash the Gbp range?

15:27 GMT - [A BIG UK DATA WEEK TO SMASH THE GBP RANGE?]

Cable looks set to
finish the week around the mid-point of its range, with players growing
ever more tired of the current approximate 1.6100/1.6450 trade of the last
fortnight or so. Next week brings a packed UK calendar, packed with key
Jul data releases that will shed some light on whether growth finally
turns positive in Q3.

thatsfabulous

Come on the dollar!!! I so wish id bought them at $1.65 now, grrrr!!

johnpaul74

Come on the dollar!!! I so wish id bought them at $1.65 now, grrrr!!

...I was quoted $1.71 a month ago Grrrrrrrr

inspector_monkfish

1.6400 trading this morning

inspector_monkfish

boring day (US holiday), not done alot, down at 1.6380

inspector_monkfish

07:46 08Sep09 GBP/USD: Buoyed by Greenback Weakness, UN Wants USD Replacement

London, September 8.

Cable has risen to an intra-day peak of 1.6411 in early European trade, as the
greenback suffers on the back of a UN report"s call for the replacement of the
USD with a global currency. "Replacing the USD with an artificial currency would
solve some of the problems related to the potential of countries running large
deficits and would help stability", according to Detlef Kotte, one of the authors
of the UN report (Daily Telegraph, B5).

GBP/USD is also eliciting support from speculation that Kraft might increase
its GBP 10.2bn bid for Cadbury--which Cadbury said "fundamentally undervalued"
the firm. Cadbury shares closed up 37.85% at 783 pence each yesterday. There is also speculation that Nestle and Hershey might join forces to make a rival bid
for Cadbury.

1.6445 (yesterday"s M&A news-fuelled 13-day high) is a sterling resistance
level. 1.6326 was yesterday"s sell-off low from 1.6445.

Annualized UK like-for-like retail sales fell by 0.1% last month, according
to the BRC. UK July industrial and manufacturing production data will be unveiled
at 08:30GMT.

inspector_monkfish

ramping up to 1.6515
where has everyone gone?

http://www.youtube.com/watch?v=fQ1sTL_TYUM

inspector_monkfish

1.6570 trading now


11:03 08Sep09 IFR-GBP/USD: More Buy Stops Tripped En Route to 18-Day High

London,September 8.

Cable has tripped more buy stops en route to an 18-day high of 1.6568, amid
across-the-board USD supply. Buy stops above 1.6500 were tripped en route to a high of 1.6525 after the 08:30GMT disclosure of better-than-expected UK
industrial and manufacturing production figures (<TGM42332>). Buy stops above
1.6450 and 1.6470 were tripped en route to a pre-UK data high of 1.6500. Today"s Asian session range was 1.6322-1.6364.

pollypenny

Off to ,Florida on Thurs. Househunting with DS.

Didn't get great exchange, as we waited too long, but hopeful for a good Visa rate when we draw out more.

Thanks for all the info, IM

Keith99

finishing the day at 1.6496, not a bad gain in one day.