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US ($) Currency Thread 2

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  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    edited 31 July 2013 at 7:36PM
    Sterling Index At 1500 GMT
    (JAN 2005=100) INDEX GBP/USD EUR/GBP
     PREVIOUS CLOSE 79.8 1.5259 0.8684
     OPEN 79.6 1.5212 0.8710
     10 AM 79.5 1.5213 0.8736
     NOON 79.5 1.5196 0.8722
     2 PM 79.4 1.5151 0.8727
     4 PM 79.3 1.5164 0.8756
    
     July 31, 2013 11:05 ET (15:05 GMT)
    

    I think its fairly important the lowest price today is left behind and we go higher. Im optimistic so long as it does that
    We've had a good sharp reaction upwards which is usually a positive. USA GDP growth is 1.7% vs our own more modest growth but its often anticipated news thats a turning point
    Otherwise sterling could turn negative for the year at an accelerated pace.
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    Sterling Index At 1500 GMT
    (JAN 2005=100) INDEX GBP/USD EUR/GBP
     PREVIOUS CLOSE 80.8 1.5555 0.8605
     OPEN 80.8 1.5554 0.8607
     10 AM 80.8 1.5549 0.8606
     NOON 80.7 1.5532 0.8610
     2 PM 80.7 1.5511 0.8614
     4 PM 80.8 1.5528 0.8598
    
     August 09, 2013 11:00 ET (15:00 GMT)
    
    Carney is a subscriber to the thread, we went higher. Good trend in general, 1.57 is when is most likely to fall apart again though just getting there is positive compared to the previous threatened '13 trend failure
  • keeps trying to hit 1.56 today but just short, come on get higher.
  • And its over 1.56
  • jackieblack
    jackieblack Posts: 10,499 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    And its over 1.56
    Don't shout too loudly, you'll frighten it back down again :D
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  • neilbond007
    neilbond007 Posts: 2,111 Forumite
    It's the Friday afternoon surge from back in the day...
  • pollypenny
    pollypenny Posts: 29,432 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Watching like a hawk again, we are on baby sitting duty for September when DIL goes back to work.
    Member #14 of SKI-ers club

    Words, words, they're all we have to go by!.

    (Pity they are mangled by this autocorrect!)
  • Sterling Index At 1500 GMT
    (JAN 2005=100) INDEX GBP/USD EUR/GBP
     PREVIOUS CLOSE 82.0 1.5531 0.8472
     OPEN 82.1 1.5573 0.8459
     10 AM 82.2 1.5601 0.8446
     NOON 82.3 1.5612 0.8443
     2 PM 82.3 1.5604 0.8442
     4 PM 82.3 1.5630 0.8443
    
    September 04, 2013 11:02 ET (15:02 GMT)
    

    Sterling keeping its head above water but theres the August peak to beat & 1.58 to 1.6 is the dreamboat scenario if everyone loves Sterling (or hates dollars) for some reason

    At which point its most likely to fall again, of course.

    Overall August peak was lower then June and there is a good chance Sept is lower then August - ie. this is as good as it gets

    Trend 2009 to '13 downwards
    March 8th to September 4th - upwards
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    edited 11 September 2013 at 8:39PM
    Ashraf Laidi ‏@alaidi 5m

    Was loud & clear in yesterday's webinar "The last currency to be sold against USD or any other is GBP"

    That some praise, up today but not impressively so. If he were right, its biggest gains are ahead, as yet its on repeat
  • pollypenny
    pollypenny Posts: 29,432 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    We brought some dollars with us, but hoping the Saga card will pay off. Here until end of the month.
    Member #14 of SKI-ers club

    Words, words, they're all we have to go by!.

    (Pity they are mangled by this autocorrect!)
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