US ($) Currency Thread 2

neilbond007

jackieblack wrote: »

If no agreement is reached and US goes over the 'fiscal cliff' what, if any, effect should we expect on the £/$ exchange rate?
Or has this already been factored in to recent rates?

All I know is I'll lose an extra 2%+ of my income to tax

jen_br

neilbond007 wrote: »

All I know is I'll lose an extra 2%+ of my income to tax

snappity snap

Hey everyone another year is passing! Happy New Year Neil and Sabre

sabretoothtigger

Happy New Year peeps

neilbond007

17 minutes to go. First time I've stayed up until midnight since I don't know when.. The little ladies taking it in turns getting up soon after 5am sees to that.

Happy New Year from the Bonds. Here's a picture from our wedding earlier this year.. Well, last year when you read this!

http://s751.beta.photobucket.com/user/neilbond007/media/Pic4_zps9625ce2b.jpg.html

jackieblack

neilbond007 wrote: »

All I know is I'll lose an extra 2%+ of my income to tax

Looks like crisis may have been averted
Happy 2013!

neilbond007

jackieblack wrote: »

Looks like crisis may have been averted
Happy 2013!

For now! I'm sure they'll get the cash out of us somehow...

pollypenny

Happy new year, Neil and lovely family.

Not Ben on thread for a while, as we have no immediate plans to visit the USA. Unfortunately, they are moving from lovely sunny Florida to cold Philadelphia.

That means we won't be buying a little condo.

Love your pictures.

neilbond007

pollypenny wrote: »

Happy new year, Neil and lovely family.

Not Ben on thread for a while, as we have no immediate plans to visit the USA. Unfortunately, they are moving from lovely sunny Florida to cold Philadelphia.

That means we won't be buying a little condo.

Love your pictures.

Happy New Year to you too!

Y'ouch! One positive is Philly is a lot easier to get to!

I'm jealous of a friend who lives down in Savannah, Ga. We've had a few inches of snow recently and it's been below 0 for the last few days (day and night). He's in the 60's and golfing!

sabretoothtigger

Both the old and new Bank of England chief threaten to devalue the currency further as its a help to those not in cash.

GBP is now the worst performing G20 currency year-to-date after the JPY; -4% vs. USD, -6% vs. EUR

http://www.cityindex.co.uk/market-analysis/market-news/6613832013/g7-fed-carry-trade-gbp-worst-behind-jpy-2/?utm_source=AshrafWebsite&utm_medium=ArticleLink&utm_campaign=AshrafWebLink&cid=0000215115

The chart is trying to say we may be breaking into new lows, so back to 1.45. If we get 1.60 and hold there or higher then we would be stepping back from the brink

Carney said “full monetary stimulus” was required to help the economy and introducing the concept of “nominal GDP” targeting, King opened the path for further QE when he said “There remains spare capacity – certainly in the labour market”.

jackieblack

sabretoothtigger wrote: »

Both the old and new Bank of England chief threaten to devalue the currency further as its a help to those not in cash.





http://www.cityindex.co.uk/market-analysis/market-news/6613832013/g7-fed-carry-trade-gbp-worst-behind-jpy-2/?utm_source=AshrafWebsite&utm_medium=ArticleLink&utm_campaign=AshrafWebLink&cid=0000215115

The chart is trying to say we may be breaking into new lows, so back to 1.45. If we get 1.60 and hold there or higher then we would be stepping back from the brink

Oh dear.....
With the rate at a 12 month low, looks like this may come to fruition....... :(:(
If it could hold off for a couple of months I'd appreciate it