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

inspector_monkfish

neilbond007 wrote: »

well i wasn't expecting a good day. let's strap ourselves in for a whole lot of disappointment!
nice tune... here's another song of the day
http://www.youtube.com/watch?v=IKe2OfXLxuc

lets just hope and pray that when the markets have finished mauling the Pound, it will still be....

http://www.youtube.com/watch?v=llBhy-_H9d4

jonomassey

Thanks for the Info Mr Fish, on the back of that I have just ordered my currency at TMS rate of 1.44 for delivery 4th June. A little less than I was hoping for buy hey it is what it is.

inspector_monkfish

jonomassey wrote: »

Thanks for the Info Mr Fish, on the back of that I have just ordered my currency at TMS rate of 1.44 for delivery 4th June. A little less than I was hoping for buy hey it is what it is.

no prob mate

neilbond007

well in case anyone is interested... my 52 pages of documentation went back the immigration people yesterday.
The USCIS is required to respond within 14 days. So, by April 3rd I should know one way or another.
Providing the answer is a good one I should be moving over at the start of May.
So Mr £. you've got 6 weeks to improve!

neilbond007

In case anyone's interested there is $3000 -
http://forums.moneysavingexpert.com/showthread.html?p=19847195&posted=1#post19847195

inspector_monkfish

neilbond007 wrote: »

In case anyone's interested there is $3000 -
http://forums.moneysavingexpert.com/showthread.html?p=19847195&posted=1#post19847195

looks a bit dodgy to me...

inspector_monkfish

trading 1.3915

3mins before MPC minutes and Unemployment data....

i'd like to think it can only go north, as any potential bad news is already factored in with this mornings slump

but hey, there are no rules anymore....

inspector_monkfish

hahahahaha:rotfl:

crashing down to 1.3855 immediately


bad numbers

inspector_monkfish

09:30 18Mar09 UK unemployment rises above 2 mln, claimant count spikes

LONDON, Mar 18 - The number of people claiming jobless benefit rose by the biggest amount on record last month, official data showed on Wednesday, and the wider measure of unemployment rose above 2 million for the first time since 1997.

The Office for National Statistics figures showed the claimant count rose by 138,400 in February, after an upwardly revised increase of 93,500 in January.

That was well above analysts' forecasts for a rise of 85,000 and the biggest monthly increase since comparable records began in 1971.
The internationally comparable ILO measure of unemployment rose by 165,000 in the three months to January to 2.029 million -- the highest since 1997.

The worse than expected unemployment figures will reinforce fears that Britain's economic downturn could be more painful than previously thought.
Average earnings including bonuses in the three months to January grew an annual 1.8 percent, the weakest since records began in 1991. The single month annual rate actually fell by 0.2 percent, the first fall on record.

The claimant count rate rose to 4.3 percent in February -- the highest since March 1999.

inspector_monkfish

09:38 18Mar09 GBP/USD: Extends South on UK Claimant Count Unemployment Leap

[09:37 GBP/USD: Extends South on UK Claimant Count Unemployment Leap] London,
March 18. Cable has tripped sell stops below 1.3900 en route to a six-day low of
1.3844 on the back of last month"s 38-year series high 138.4k surge in UK
claimant count unemployment. A much more modest rise of 84.8k was expected.
January"s claimant count unemployment rise has also been upwardly revised to
93.5k, from 73.8k.

1.3895 (Monday"s low) and 1.3914 (pre-UK jobs data low) are now GBP/USD
resistance levels.
The minutes from the March 4/5 BoE MPC meeting revealed that the 50bp Bank
Rate cut to 0.5% was delivered by a unanimous 9-0 vote. The MPC also voted
unanimously in favour of the GBP 75bn "Quantitative Easing" Asset Purchase
Programme
Today"s key US event risk is the 18:15GMT FOMC statement. US February
inflation data is due at 12:30GMT.