US ($) Currency Thread 2

sabretoothtigger

Those are long term reasons which is like over a decade or so, cant wait that long

Sterling Index At 1500 GMT
 
      (JAN 2005=100)     INDEX      GBP/USD     EUR/GBP 
     PREVIOUS CLOSE      79.8       1.6212      0.8740 
               OPEN      79.7       1.6250      0.8770 
              10 AM      79.5       1.6212      0.8795 
               NOON      79.3       1.6171      0.8808 
               2 PM      79.2       1.6118      0.8817 
               4 PM      79.2       1.6147      0.8827 
 

May 18, 2011 11:01 ET (15:01 GMT)


  Current Bid-Ask    Previous 
             ----------------   --------- 
U.S.A.       1.6153-1.6154   1.6208-1.6213 
Euro         1.1328-1.1331   1.1443-1.1445 
Switzerland  1.4200-1.4204   1.4330-1.4339 
Japan        131.43-131.48   131.97-132.01 
Canada       1.5710-1.5722   1.5824-1.5829 
Norway       8.971-8.982     9.082-9.087 
Sweden       10.167-10.177   10.301-10.310 
Denmark      8.447-8.451     8.530-8.535

sabretoothtigger

I wont post my chart but this one is very similar and the guy who made it is a licensed broker.




All thats important to note is the lines are generally going up. The solid blue line is the average again looking positive so good for peoples going on holiday etc (hopefully)


Also this coincides with Dollar rates worldwide faltering recently, it could even develop into another general selloff for it towards month end

neilbond007

Well that's some good news to start off a sunny, sunny Friday!!

pollypenny

Will hold off on the car hire then.

Actually, does the fluctuating rate of exchange make much difference to hire prices? ( book and pay in the UK in advance.)

Murphy_The_Cat

pollypenny wrote: »

Will hold off on the car hire then.

Actually, does the fluctuating rate of exchange make much difference to hire prices? ( book and pay in the UK in advance.)

if it changed by (say) 10%, it would not be unexpected if the car hire rate changed by (say) 10%:D.

If it helps at all, my car hire price hasn't changed from the start of Jan to todays date.

Thehoss

I am going on holiday to the US in 3 weeks and I plan to leave currency buying until a little later on in the hope the price will fluctuate in my benefit.

My question is this, is taking cash only such a bad deal?

I have a lloyds debit/credit card but they have all sorts of charges for paying with cards and withdrawals.

and I think I may have left it a little late to benefit from one of those best rate cards suitable for holidaying.

Murphy_The_Cat

thehoss wrote: »

I am going on holiday to the US in 3 weeks and I plan to leave currency buying until a little later on in the hope the price will fluctuate in my benefit.

My question is this, is taking cash only such a bad deal?

I have a lloyds debit/credit card but they have all sorts of charges for paying with cards and withdrawals.

and I think I may have left it a little late to benefit from one of those best rate cards suitable for holidaying.

It depends on the rate when you got it. If you got it at $2 to the £1, you're onto a winner :beer:

sabretoothtigger

Probably been discussed in another thread, I thought nationwide were the best for a long time but it might be a special lloyds card now. Martin will have written a guide I dont doubt. I wouldnt take mostly cash, arent travellers cheques still used or is the rate bad on those

pollypenny

Just booked the car hire - prices vary a lot, though.

We are having a compact this time, as I am going to drive in Florida for the first time. About time too - if ever I go over to help with baby, I'd be no use if I can't drive.

Thehoss

I was under the impression that travellers cheques were not that great anymore.

If I could get $2 for £1 it would be a dream!! haha