US ($) Currency Thread 1 (closed - use thread 2)

jackieblack

jonathanrichardson69 wrote: »

IM, in your opinion, what do you think the rate will get to before my honeymoon at beginning of may? am i being realistic hoping for 1.5?

I'm resigned to looking at it this way - from experience, in the US we expect to pay in $ what we would expect to pay in £ in the UK, for most goods/services (not everything, but as a general guide).

Therefore, anything over $1 to the £ is a bonus! (the more the better, obviously ).

Which part of the US are you off to? (just being nosey!)

jackieblack

jonathanrichardson69 wrote: »

i think it was jackie

thought you might.....:D

whatusername

jackieblack wrote: »

I'm resigned to looking at it this way - from experience, in the US we expect to pay in $ what we would expect to pay in £ in the UK, for most goods/services (not everything, but as a general guide).

Therefore, anything over $1 to the £ is a bonus! (the more the better, obviously ).

Which part of the US are you off to? (just being nosey!)

It's certainly one way of looking at it Jackie

jackieblack

whatusername wrote: »

It's certainly one way of looking at it Jackie

I'm trying to stay optimistic, but at this point, if i looked at it any other way, I think I might cry!

inspector_monkfish

jonathanrichardson69 wrote: »

thanks mate, fingers crossed!! i would be happy if i could get them for 1.45 considering how volatile its been lately. think i'm going to listen to some Mraz to cheer myself up

cool
this would sum it up right now....


http://www.youtube.com/watch?v=AKanbidzvUQ

jonathanrichardson69

jackieblack wrote: »

I'm resigned to looking at it this way - from experience, in the US we expect to pay in $ what we would expect to pay in £ in the UK, for most goods/services (not everything, but as a general guide).

Therefore, anything over $1 to the £ is a bonus! (the more the better, obviously ).

Which part of the US are you off to? (just being nosey!)

i'm going to california, we land in LA, have 5 days there going to Disney and Universal, then drive to Palm springs for 2 days of relaxing in a spa. then we drive to Las Vegas, for 3 nights in a suite at the Bellagio, then we drive to Yosemite, stopping at death valley for 1 night as its quite a long way. then we finish off with 4 nights in san fransisco. doing things like helicopter trips etc down the canyon. won't be doing much shopping if the rate stays as crap as this. (if you have any dollars left, please let me buy them off you )

inspector_monkfish

13:55 11Mar09 EUR/GBP: Buoyed by BoE QE "Reverse-Auction" Fears

[13:55 EUR/GBP: Buoyed by BoE QE "Reverse-Auction" Fears] London, March 11. Fears that the looming 14:00GMT "reverse-auction" segment of today"s BoE GBP 2bn

QE gilt purchase might be less than successful is being flagged as a factor in
the EUR/GBP ascent to a new six-week peak a fraction shy of 0.9275. Banks will be able to sell gilts that they hold directly to the BoE at the reverse-auction. Pension funds and other institutional investors were able to sell gilts to the BoE in return for cash at 12:00GMT today.
Touted offers ahead of 0.9300 are an appreciation obstacle north of 0.9275. The traded high on January 29 was 0.9291.
The result of today"s BoE gilt purchase is expected circa 14:45GMT. As of
next week, the BoE"s GBP 75-150bn Asset Purchase Programme will be conducted every Monday and Wednesday, with the results published every Friday at 10am local time (Times Online).

inspector_monkfish

jackieblack wrote: »

I'm trying to stay optimistic, but at this point, if i looked at it any other way, I think I might cry!

could be worse
u could be going to europe - rate is now under 1.08 in markets

jonathanrichardson69

inspector_monkfish wrote: »

13:55 11Mar09 EUR/GBP: Buoyed by BoE QE "Reverse-Auction" Fears

[13:55 EUR/GBP: Buoyed by BoE QE "Reverse-Auction" Fears] London, March 11. Fears that the looming 14:00GMT "reverse-auction" segment of today"s BoE GBP 2bn

QE gilt purchase might be less than successful is being flagged as a factor in
the EUR/GBP ascent to a new six-week peak a fraction shy of 0.9275. Banks will be able to sell gilts that they hold directly to the BoE at the reverse-auction. Pension funds and other institutional investors were able to sell gilts to the BoE in return for cash at 12:00GMT today.
Touted offers ahead of 0.9300 are an appreciation obstacle north of 0.9275. The traded high on January 29 was 0.9291.
The result of today"s BoE gilt purchase is expected circa 14:45GMT. As of
next week, the BoE"s GBP 75-150bn Asset Purchase Programme will be conducted every Monday and Wednesday, with the results published every Friday at 10am local time (Times Online).

IM, can you explain this in leymans terms for me? does this mean the printing the new money has just begun? is it going to help the GBP?

neilbond007

jonathanrichardson69 wrote: »

i'm going to california, we land in LA, have 5 days there going to Disney and Universal, then drive to Palm springs for 2 days of relaxing in a spa. then we drive to Las Vegas, for 3 nights in a suite at the Bellagio, then we drive to Yosemite, stopping at death valley for 1 night as its quite a long way. then we finish off with 4 nights in san fransisco. doing things like helicopter trips etc down the canyon. won't be doing much shopping if the rate stays as crap as this. (if you have any dollars left, please let me buy them off you )

i've done all them places!!
stopped in a penthouse in the bellagio for 5 nights expedia put them up as same price as normal rooms! stopped there another couple of times too. as well as the mandalay, luxor, paris, main street station
love palm springs. great outlet shopping at Cabazon. superb golf!
vegas to yosemite is a fair drive. took us about 8 hours. stopped in oakhurst
LOVED yosemite though... mainly as never knew what to expect...
i could go on for days...