US ($) Currency Thread 2

inspector_monkfish

ending the day on a high
1.6380 trading

neilbond007

We've flown up to 1.6450. Good job someone's keeping up the pressure

DickyP_2

the pressure must be on your belt now your an official american!!!

neilbond007

DickyP wrote: »

the pressure must be on your belt now your an official american!!!

you'd think so, but 4 rounds of golf a week seem to be keeping it in check at the moment

1.6468!

jackieblack

inspector_monkfish wrote: »

wouldn't life be so simple if thay just fixed the rate around 1.65 or something

Something nearer $2 would be better!:D

neilbond007

jackieblack wrote: »

Something nearer $2 would be better!:D

Well some people, not me I hasten to add, would put some of the blame on the rate squarely on your shoulders mrs B.

Well, it's time to golf! A toasty 86F without a cloud in the sky. Life is hard...

Cable at 1.6462!

DickyP_2

Mr bond your life is sweet, believe it or not but the weather here is rather nice too. Enjoy swinging!!

whatusername

Morning all cable flying this morning. 1.65698

A wee push, im offski in 2 weeks and have 1 last batch of $ to purchase.

Handicap dropping yet bondy?

DaMaNiAc82

Up to 1.658 now. Any idea why it's flying this morning?

inspector_monkfish

DaMaNiAc82 wrote: »

Up to 1.658 now. Any idea why it's flying this morning?

09:03 24Jun09 GBP/USD: Friday"s High Tested on ME Buying, Stops Above 1.6570

[08:03 GBP/USD: Friday"s High Tested on ME Buying, Stops Above 1.6570] London, June 24.

Cable has revisited last Friday"s peak of 1.6562 (scaled after Moody"s warned that California"s credit rating could be slashed to junk status if the state fails to approve a budget) on the back of GBP demand from a couple of Middle Eastern names. A French bank is reportedly working one of the buy orders. 1.6450 was today"s early Europe low.

Buy stops reportedly reside above 1.6570, with offers then tipped at 1.6600 (June 12 top). Above-figure resistance levels include 1.6622 (June 11 high) and 1.6666 (June 3, eight-month peak).

June"s CBI retail sales balance will be disclosed at 10:00GMT. It is forecast at minus 17, unchanged from May. BoE Governor Mervyn King, Deputy Governor Charles Bean and fellow MPC members Paul Fisher, Kate Barker and Andrew Sentance are due to address the UK TSC from 13:30GMT (<TGM42331>). Today"s key event risk is the 18:15GMT FOMC statement.