US ($) Currency Thread 2

inspector_monkfish

Wirral_Girl wrote: »

Still won't let me do any transfers, but looking on the website it says I'll be able to by the middle of the week. Mind you it doesn't say which week!!

Then I'll be shipping out some of my turkeys too!

season doesnt start until 15th august - so u got over 2 weeks

1.6500 trading now

inspector_monkfish

1.6520 trading

inspector_monkfish

1.6490 trading

inspector_monkfish

ramping up here
1.6520 trading

inspector_monkfish

15:27 30Jul09 GBP/USD: Lent Support by Big Dow Rise

London, July 30.

Cable is currently trading within a quarter-cent of 1.6526 (London morning, two-day high) as the risk-sensitive pound benefits from a big rise in US equity prices (the Dow is currently up 150 points). 1.6558 (Tuesday"s top), 1.6587 (last week"s high, July 23) and 1.6600 are resistance levels north of 1.6526.
Forecast-busting Nationwide UK house price data (<TGM2339>) has been a key factor re: today"s sterling gains. However, the most recently published Lex column article on the FT website opines that "it would be remarkable if the British housing market really had stabilised". The article is headlined "UK house prices".

neilbond007

Morning all!

The Maineville Rovers are ready to play

I'm liking the 1.65's!!

neilbond007

Got this from TorFX today....

Market Update - GBP USD
Stock markets continued to rally last week, aiding the pound and euro in equal measure, but giving a real tailwind to the high yielders like AUD/NZD and the Rand. The US dollar typically declines when stocks rally, but that correlation has not been as marked in the last two weeks.
An improvement in UK mortgage approvals for June, and signs of stability in house prices have helped bolster sentiment toward the pound. The recent pause in quantitative easing measures by the Bank of England also points toward possible improvement in the economy. Investors are taking comfort from these data, seemingly choosing to overlook the fact that according to data released last week, second quarter GDP shrank by 0.8%, far higher than the 0.3% expected, but still a large improvement from the 2.4% decline seen in the first quarter.
The dollar has been directionless for the last few weeks, reacting to data, but ultimately going nowhere. The trend is still clearly up (for sterling), and we've seen an encouraging bounce from trend support this morning. All appearances tend to suggest that the pound is gearing up for another rally. Once the 1.6744 highs are cleared we can look toward old levels like 1.7518 and 1.7630 as the next targets. Our outlook remains positive, and it would take a break below 1.5980 to signal a major setback. Clients with US dollar requirements should consider placing limit orders at their target levels in order to maximise the chance of securing a better exchange rate.

inspector_monkfish

neilbond007 wrote: »

Morning all!

The Maineville Rovers are ready to play

I'm liking the 1.65's!!

duly accepted


what no stoke players?

neilbond007

inspector_monkfish wrote: »

duly accepted


what no stoke players?

I'm using my head, not heart

I did have Tommy Sorensen in goal but as soon as I realised (or should I say "realize") I could afford Petr Czech there wasn't much of a decision there...

inspector_monkfish

good morning
1.6560 trading currently