US ($) Currency Thread 2

inspector_monkfish

:eek: at 12.57 Cable just collapsed 2 big figures
trading at 1.6115 at mom, from 1.6350

trying to find out why....

inspector_monkfish

13:00 04Jun09 DJN-DJ MARKET TALK: GBP/USD Drops Like A Stone
DJ MARKET TALK: GBP/USD Drops Like A Stone

1200 GMT - GBP/USD drops some 2 cents to a fresh 6 day low of 1.6135.
No reason for the move yet.

inspector_monkfish

13:06 04Jun09 GBP/USD: Collapsed on Brown Resignation Rumour

[12:06 GBP/USD: Collapsed on Brown Resignation Rumour] London, June 4.

A rumour that UK PM Gordon Brown had resigned is being blamed for cable"s two-and-three quarter cent collapse to an intra-week low of 1.6082 in a matter of minutes. Pressure on Brown has ramped up over recent days. There are English council and European elections today.

inspector_monkfish

13:12 04Jun09 EUROPE: Rumours of Brown's resignation "absolute nonsense" - office

12:10 GMT - [PM BROWN'S] office have said that rumours of his resignation are "absolute nonsense", seeing Cable off the lows and back up to 1.6230. The jumpy moves are clearly a sign of a nervous market, however some suggest that ultimately, it will be better for the Pound to see Alan Johnson as party leader.

neilbond007

Morning all!
Can I be the first to start a rumour that Obama has resigned? That should see the rate shoot back up!

whatusername

neilbond007 wrote: »

Morning all!
Can I be the first to start a rumour that Obama has resigned? That should see the rate shoot back up!

LAIR

Good day to you matey.

inspector_monkfish

this thread still gets better by the minute...

http://forums.moneysavingexpert.com/showthread.html?t=1726065

inspector_monkfish

neilbond007 wrote: »

Morning all!
Can I be the first to start a rumour that Obama has resigned? That should see the rate shoot back up!

morning dude
that was an interesting 15mins in the markets

whatusername

inspector_monkfish wrote: »

this thread still gets better by the minute...

http://forums.moneysavingexpert.com/showthread.html?t=1726065

Christ man that thread is 17 pages and counting

:rotfl:

inspector_monkfish

whatusername wrote: »

Christ man that thread is 17 pages and counting

:rotfl:

its worth it though!!