US ($) Currency Thread 2

nakedchef

Morning, managed to get my dollars last night at 1.64, hope this was a good move!!!!

whatusername

1.63926, the announcement on UK house prices rising 2.6% in May according to the Halifax.

Heres hoping this has a positive impact on the currency price.

whatusername

nakedchef wrote: »

Morning, managed to get my dollars last night at 1.64, hope this was a good move!!!!

It's currently trading at 1.64068 so i'd say it probably was but who knows for sure.

inspector_monkfish

10:14 04Jun09 GBP/USD: Talk of Supra-National Entity Supply Above 1.6400

[09:13 GBP/USD: Talk of Supra-National Entity Supply Above 1.6400] London, June
4.
Touted supra-national supply above 1.6400 is helping to keep a lid on cable as it consolidates gains fuelled by May"s forecast-busting Halifax UK house price data. UK house prices rose by 2.6% last month, compared to forecast fall of 1.0%, according to the Halifax. 1.6212 was today"s early Europe low.

The Times reports that shares in Heritage Oil surged 10% yesterday before trading in the oil explorer was suspended when the UK-based company revealed that it was in takeover talks. The article said "market sources" tipped Gulf investor IPIC and French oil company Perenco as possible interested parties. Some of the pound"s strength on Monday (when cable leapt from 1.6185 to a high of 1.6497 in the space of 12 hours) was attributed to GBP buying re: a pipeline M&A deal.

Today"s key UK event risk is the 11:00GMT BoE MPC monetary policy announcement.

inspector_monkfish

BOE MPC annoucement at 12.00
but shouldn't be too interesting!

M635

Just to let you all know, re Currency Express rates from yesterday, I still haven't had a phone call to cancel the order and the order is still showing on my currency express account. Fingers crossed it'll be here on Saturday !

inspector_monkfish

M635 wrote: »

Just to let you all know, re Currency Express rates from yesterday, I still haven't had a phone call to cancel the order and the order is still showing on my currency express account. Fingers crossed it'll be here on Saturday !

thief !

whatusername

inspector_monkfish wrote: »

thief !

Aww no not again man

inspector_monkfish

12:00 04Jun09 BoE holds rates at 0.5 percent, maintains QE

LONDON, June 4 - The Bank of England Monetary Policy Committee held interest rates at a record low as expected on Thursday and said it would maintain its 125 billion pound quantitative easing programme.

whatusername

Cue the impending fall no doubt