US ($) Currency Thread 2

inspector_monkfish

1.6420 trading

whatusername

inspector_monkfish wrote: »

tight at the top

http://fantasyfootball.skysports.com/

Had a poor one this week,

inspector_monkfish

whatusername wrote: »

Had a poor one this week,

oh dear... i was top scorer for the week, sending me nicely up to 3rd place overall

inspector_monkfish

1.6480 trading

neilbond007

Sinking, fast! Down to 1.6366

inspector_monkfish

back up to 1.6540 now

sho_me_da_money

I've noticed the Dollar has been slowly on the rise.

Can the experts recommend when to take the plunge? We fly away on November 15th and I was hoping to capitalise on the best rate before then.

Is it likely the Dollar will be 1.70+ by mid Nov.? If the Dollar reaches 1.70+ before mid Nov., would it be a good idea to cash in?

I'm just looking for a threshold number to cash in at?

Cheers guys/gals!

inspector_monkfish

sho_me_da_money wrote: »

I've noticed the Dollar has been slowly on the rise.

Can the experts recommend when to take the plunge? We fly away on November 15th and I was hoping to capitalise on the best rate before then.

Is it likely the Dollar will be 1.70+ by mid Nov.? If the Dollar reaches 1.70+ before mid Nov., would it be a good idea to cash in?

I'm just looking for a threshold number to cash in at?

Cheers guys/gals!

Its the Pound that is on the rise, and the Dollar that it is weaker.
Hence you get more Bucks for your Quids.

Difficult to tell. 1.70+ is a big target to reach within 3 or 4 weeks.
I would suggest aim for 1.68 by the end of October, and get half there. Then have a rethink and weigh up the market.

If it heads the other way, 1.62 could be your stop loss point.

sabretoothtigger

I dont reckon we'll see 1.7 again that soon, best rate is now but cant be sure

inspector_monkfish

1.6620 trading