US ($) Currency Thread 2

inspector_monkfish

1.6315 now

DickyP_2

up and down like a wh00res draws at the minute (draws for Southern folk are knickers)

inspector_monkfish

morning all,

looks like Cable bumbled along around 1.6320 all night, then around 6.30am in started moving gradually north, and now sits at 1.6400.

UK Unemployment data is due at 9.30am today

inspector_monkfish

1.6375 trading

johnpaul74

I heard that the US deficit has now surpassed the 1 trillion mark, so hopefully the dollar should weaken. :beer:

inspector_monkfish

LONDON--The increase in the claimant count measure of U.K.
unemployment rose at its slowest pace for 13 months in June, offering fresh
evidence that the worst of the recession has past, official data showed
Wednesday.

The Office for National Statistics reported that the jobless claimant count
rose 23,800 in June, compared with May's downwardly revised increase of 30,800. June's increase was almost half the 40,500 rise forecast by economists and the lowest monthly gain since May 2008.

The claimant count moved higher for the 16th month in a row, however, pushing the overall figure to 1.56 million, its highest level since July 1997. The
claimant count jobless rate rose to 4.8% in June from a downwardly revised 4.7% in May. It was last higher in October 1997.

Unemployment, according to the International Labor Organization measure, rose by 281,000 to 2.38 million in the three months to May. The quarterly increase was the highest since records began in 1971. The corresponding unemployment rate rose to 7.6%, up 0.9 percentage point from the previous three months.

Average earnings excluding bonuses were up 2.6% on an annual basis in the three months to May. That's the lowest rise since records began in 2001. It was expected to be up 2.7%. Including bonuses, average earnings were up 2.3% from a year earlier in the three months to May. That's an increase from April's upwardly revised 0.9% rise and tops expectations of a 2.1% increase.

inspector_monkfish

after unemployment figures, cable now trades at 1.6355

warehousesue

My daughter is travelling to the US in August. What best/safest way to buy dollars - cash, cheque or card??? Also, where is the best place to buy US dollars? Should I wait for the exchange rate to change or buy now? Thanks.;)

inspector_monkfish

back up to 1.64 now

inspector_monkfish

1.6430 trading