US ($) Currency Thread 2

BigSaver_2

Do you get a better rate if you take sterling to the U.S. and exchange to money there or exchanging the money from sterling to dollar in the UK?

Going to U.S Bank to exchange money, good rate?

Thank you

sabretoothtigger

Depends on the company I should think and also the market moves over that time, its the same transaction either way

Some people have said in order to delay they just pay on a card while over there and they get a more current fx rate then otherwise, that can include more fees depends again on the company

inspector_monkfish

1.6530 this morning

retail sales data at 9.30am

whatusername

BigSaver wrote: »

Do you get a better rate if you take sterling to the U.S. and exchange to money there or exchanging the money from sterling to dollar in the UK?

Going to U.S Bank to exchange money, good rate?

Thank you

No best doing it here.

1.654

inspector_monkfish

sold off overnight, after GBP daming Wall Street Journal article

1.6340 trading

http://online.wsj.com/article/SB125322540936721049.html

poggs

inspector_monkfish wrote: »

sold off overnight, after GBP daming Wall Street Journal article

1.6340 trading

http://online.wsj.com/article/SB125322540936721049.html

Just a blip do you think or a downward trend?

Are we likely to see 1.65 again later today?

inspector_monkfish

poggs wrote: »

Just a blip do you think or a downward trend?

Are we likely to see 1.65 again later today?

no chance after that article !

fell to 1.6295 earlier
back up to 1.6340 currently

inspector_monkfish

dont forget to meddle with your teams and captain before the weekend fixtures....

http://fantasyfootball.skysports.com/

inspector_monkfish

15:13 18Sep09 STERLING EXTENDS BROAD LOSSES, FALLS MORE THAN 1 PCT ON DAY VS DOLLAR TO 2-WEEK LOW $1.6266 <GBP=D4>

15:21 18Sep09 Sterling extends losses, falls 1 pct on day vs dollar

LONDON, Sept 18 (Reuters) - Sterling extended losses on Friday, falling more than a full percent on the day against the dollar as traders continued to dump the pound due to ongoing concerns about the UK banking sector, and following grim UK public borrowing figures.

Sterling <GBP=D4> fell more than 1 percent on the day to $1.6261 to hit its weakest level in roughly two weeks.

The euro <EURGBP=D4> added to its rally, climbing 0.8 percent on the day to 90.33 pence, its highest since mid-May.

---

currently trading at 1.6280

sabretoothtigger

Do not look at this after a few drinks, it might make you feel a bit sick

Change In Character On The Dollar...Dollar Pushes Higher On Big Volume...

The dollar soared out of the gate today. As the dollar moved higher, the markets which had gapped up, started to drop back down towards the flat line. The DOW still trades on the positive side of things but off their highs. If the dollar starts to pull back, you will see this market move higher again. This market continues to be a perfect inverse to the dollar. Oil and gold have inched lower on the strong greenback.