US ($) Currency Thread 2

neilbond007

inspector_monkfish wrote: »

06:00 10Nov09 UK Most At Risk To Lose AAA Rating: Fitch
Fitch Ratings on Tuesday said the U.K. is the most at risk among major economies of losing its AAA status, and Germany is the least, Reuters reported.

Fitch also said it would have to review its AA- rating on Japan government bonds if there is a material increase in debt issuance above the current Y44 trillion ($490 billion) next fiscal year, Reuters reported.

David Riley, co-head of global sovereign ratings at Fitch, said it is hard to see how Japan could keep JGB issuance below that level, the report said.

Riley said there was no near-term risk to the AAA rating on U.S. sovereign debt--but that status could come under pressure if the U.S. fiscal position doesn't stabilize within a couple of years, the report said.

Is this toss pot Mike Rileys brother?

Rebounding back now... Up to 1.6710

And it's 2.45am here and I can't sleep

inspector_monkfish

up to 1.6730 now
almost back to where it was before Fitch opened their mouths....

sabretoothtigger

http://www.cantos.com/node/5020/company/IG%20Index/project/5363/term/Cantos%20Charts?ns_campaign=Market+Comment+-+Cantos+Charts&ns_fee=1&ns_linkname=&ns_mail_job=600126001&ns_mail_uid=6121347411&ns_mchannel=e-mail&ns_robot=partner-ecircle&ns_service=mail&ns_source=Cantos+Business+News

neilbond007

sabretoothtigger wrote: »

http://www.cantos.com/node/5020/company/IG%20Index/project/5363/term/Cantos%20Charts?ns_campaign=Market+Comment+-+Cantos+Charts&ns_fee=1&ns_linkname=&ns_mail_job=600126001&ns_mail_uid=6121347411&ns_mchannel=e-mail&ns_robot=partner-ecircle&ns_service=mail&ns_source=Cantos+Business+News

Lots of talk... and he thinks it "may" drop by 2 or 3c
I'm happy with the rate at the moment.. I've changed £13k today to $

I love the fact it's done by a spread bet company

inspector_monkfish

1.6750 at mom

loads of data out this morning that should have an effect on the Pound

BOE Inflation Report and Unemployment data......

....watch this space

inspector_monkfish

hahaha:D

i know you are interested really........;)




unemployment rate actually fell from 7.9% to 7.8% (forecast was to rise to 8.0%)

but the bit that really interests you, is that on the back of that tedious news (that you have absolutely no interest in whatsoever:cool:), Cable has rocketed from 1.6740 to 1.6790

inspector_monkfish

......... and then the BOE Inflation Report comes out saying that inflation will be around 1.6% in 2yrs. Suggesting that there will be no rate hikes for a long long long time........

....and Cable dumps all the way back down 1.6650 !


....life is a rollercoaster baby......

neilbond007

Still dropping like a stone... 1.6561

sabretoothtigger

inspector_monkfish

1.6540 trading this morning