US ($) Currency Thread 2

owenprocky

Going on holiday in 2 weeks to US hope it drops!

misa.blue

Just got back from 17 days in US, had our Halifax Clarity Credit card with us, using it for all purchases.
Checking statement now, we were getting really best rates on each day, $1.64 -$1.66 to pound, very impressed.:j
It was only $1.61 when were leaving, but picked up right away after our arrival:T

Murphy_The_Cat

misa.blue wrote: »

Just got back from 17 days in US, had our Halifax Clarity Credit card with us, using it for all purchases.
Checking statement now, we were getting really best rates on each day, $1.64 -$1.66 to pound, very impressed.:j
It was only $1.61 when were leaving, but picked up right away after our arrival:T

I'm taking my Santander Zero credit card with me, so, like you, I'm looking forward to getting the days 'best rate' -- its only because I blew the credit card limit on my San Zero card last time that I'm taking some rabbits with me, just to keep my moolah flow going

jackieblack

owenprocky wrote: »

Going on holiday in 2 weeks to US hope it drops!

Huh? :huh: :huh: :huh: :huh: :huh:

jackieblack

Murphy_The_Cat wrote: »

I'm taking my Santander Zero credit card with me, so, like you, I'm looking forward to getting the days 'best rate' -- its only because I blew the credit card on my San Zero card last time that I'm taking some rabbits with me, just to keep my moolah flow going

Are you definitely going Murphy?
I read a few weeks ago, on another thread, that your trip was up in the air, 50/50 whether you would be going....
This sounds quite positive

Murphy_The_Cat

jackieblack wrote: »

Are you definitely going Murphy?
I read a few weeks ago, on another thread, that your trip was up in the air, 50/50 whether you would be going....
This sounds quite positive

neilbond007

Rate pretty much gone down the crapper today. Currently residing at 1.6171.

Have a good weekend y'all! (COME ON STOKE!!!!)

jackieblack

neilbond007 wrote: »

Rate pretty much gone down the crapper today. Currently residing at 1.6171.

Have a good weekend y'all! (COME ON STOKE!!!!)

Hope tomorrow brings the result you're hoping for Neil

sabretoothtigger

sabretoothtigger wrote: »

So Im calling the price fair value for this month - barring exceptional circumstances.


We had some gloom to end march and the rate was low. If we swang back that way, it'd give 1.6 within an overall very positive trend for Sterling

From April we've reversed back down to the lows of today which was 1.6145

Now is the opposite scenario to the previous high we ended April on

Overall Sterling is doing quite well so looking for it to stumble about here, maybe stub its toe on something, hop up and down swearing then possibly rise back to a rough target for May of 1.67 hopefully


Going to 1.6 next week onwards would be an extra negative and threaten this whole recovery idea we've had in Sterling since the election.


Dollar is stronger now worldwide but Im waiting for it to hit an old ceiling. They had a much worse trade balance this month, they need the tourist income

jackieblack

From April we've reversed back down to the lows of today which was 1.6145

I blame Forndog

Forndog wrote: »

Im away In July to the US and waiting until the Pound hits atleast 1.7 and it just hit 1.66 so its getting there..fingers crossed.

jackieblack wrote: »

Fingers crossed

Or.... it drops like a stone before it gets to 1.70 ..........:doh:

Forndog wrote: »

Dont think that will happen for many reasons
1. The US is devaluing the USD to improve exports.
2. The UK is working on strenthing the GBP as they didnt consider the fx in the calculation when looking at the inflation rate.
3. China and Russia are pulling out of the USD as the world currency.
4. Current unrest in the Middle East and North Africa
5. The CPI is what what made Sterling stronger, however, the construcion figures werent as high as expected however there are atleast two more revisions to go through and they can only be better.