US ($) Currency Thread 2

neilbond007

"you say it best, when you say nothing at all" as Ronan and some of the miserable bugg3rs on here would say

DickyP_2

its up and down like a !!!!!s draws!!!

Good to see the banter rolls on, off to Rugeley tomorrow want me to water anything??

neilbond007

DickyP wrote: »

its up and down like a !!!!!s draws!!!

Good to see the banter rolls on, off to Rugeley tomorrow want me to water anything??

You poor s0d... make sure you've dusted off your stab proof vest and tazar!

inspector_monkfish

09:31 17Jun09 STERLING RISES TO $1.6425 VS DOLLAR <GBP=D4> AFTER UK LABOUR MARKET DATA FROM $1.6375 PREVIOUSLY

09:32 17Jun09 LONG GILT FUTURE <FLGU9> FALLS MORE THAN 10 TICKS TO 116.36 AFTER UK LABOUR DATA

09:37 17Jun09 STERLING PULLS BACK FROM GAINS MADE ON UK JOBS DATA, SLIDES TO $1.6375 <GBP=D4>

09:47 17Jun09 Sterling sees short-lived gains after UK data, BoE

LONDON, June 17 - Sterling rose against the dollar before quickly turning lower while gilts briefly trimmed gains on Wednesday after the release of UK labour market data and Bank of England minutes.

The data showed the UK's claimant count measure of unemployment rose by 39,300 last month, much less than the 60,000 increase expected.

However, the Bank of England's minutes showed policymakers felt there was no reason to think the medium-term outlook for the economy and inflation had changed much since its May forecasts. This was despite some encouraging news over the month.

The minutes revealed a 9-0 vote to leave interest rates at a record low 0.5 percent.

Sterling briefly rose to around $1.6430 against the dollar after the labour market data from around $1.6375 previously before pulling right back to hit a session low of $1.6336 <GBP=D4>.

British gilts briefly pared gains, with the September long gilt future <FLGU9> falling to 116.36 from 116.47 just before the data and the Bank of England minutes. By 0838 GMT, the contract was back up at 116.49, 45 ticks higher on the day.

Britain's FTSE 100 <.FTSE> was little impacted by the jobs data and the minutes, down 0.6 percent at 4,302.56 by 0833 GMT.

inspector_monkfish

10:51 17Jun09 GBP/USD: Consolidating Large US Bank Sell Order-Fuelled Losses

[09:50 GBP/USD: Consolidating Large US Bank Sell Order-Fuelled Losses] London, June 17.

Cable is consolidating good size US bank sell order-fuelled losses south of 1.6300 (earlier absorbed demand). The size of the US bank sell order, which hit the market after the knee-jerk leap to a post-UK jobs data high of 1.6436, was estimated at half-a-yard.

1.6263 (intra-day low), 1.6242 (Monday"s base) and 1.6210 (yesterday"s Asian session one-week floor) are GBP/USD support points. 1.6354 was today"s Asian session base.

poggs

inspector_monkfish wrote: »

10:51 17Jun09 GBP/USD: Consolidating Large US Bank Sell Order-Fuelled Losses

[09:50 GBP/USD: Consolidating Large US Bank Sell Order-Fuelled Losses] London, June 17.

Cable is consolidating good size US bank sell order-fuelled losses south of 1.6300 (earlier absorbed demand). The size of the US bank sell order, which hit the market after the knee-jerk leap to a post-UK jobs data high of 1.6436, was estimated at half-a-yard.

1.6263 (intra-day low), 1.6242 (Monday"s base) and 1.6210 (yesterday"s Asian session one-week floor) are GBP/USD support points. 1.6354 was today"s Asian session base.

IM could you oblige and translate the half-a-yard amount?

I fully accept that you will be unable to resist a 1 & half foot gag, (or a size of your walloper joke ) but once that is out of your system can you help?

Keith99

Just googled it. means 50 I think. So I would say .50 change.

inspector_monkfish

poggs wrote: »

IM could you oblige and translate the half-a-yard amount?

I fully accept that you will be unable to resist a 1 & half foot gag, (or a size of your walloper joke ) but once that is out of your system can you help?

sorry chaps.:D

a yard is 1 Billion
so half a yard is 500 million.

inspector_monkfish

Keith99 wrote: »

Just googled it. means 50 I think. So I would say .50 change.

err, not quite!!

it means the deal was in 500 million Quid !!

inspector_monkfish

1.6300 trading