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

PrincessFiona_2

inspector_monkfish wrote: »

Where are you all?
I can't believe you have all sat around here for the past few months waiting for this historic moment to happen, and now it finally has, you are all missing it!!

well through the 1.50 barrier now
currently trading at 1.5030

I'm here, I'm here (while jumping up and down with hands in the air!!!)

its party time, woo hoo!!! :T:beer::j

philswain90

Indout96 wrote: »

FairFX giving 1.4775 now (yesterday I got 1.4700)

Indout96, is that rate on a currency card? I am trying to get cash and all FairFX are offering is $1.4410. I am looking to exchange £1000.

jonathanrichardson69

Holy !!!!!!!!!
away for a couple of hours and we hit 1.5 :j:j:j:j

inspector_monkfish

philswain90 wrote: »

excellent...when does this rate start filtering down to the currency exchanges?

how do you mean?
immediately, i should think - just like normal !

neilbond007

fairfx. looking at 1.4850 at the moment!

interesting as I'm looking at transferring $10k over to $ and I can only get 1.4645!

philswain90

inspector_monkfish wrote: »

how do you mean?

Sorry i'm a complete newbie to all this so may be going down the wrong track but if the rate is hitting 1.50, will any exchange places start offering this rate to buy your dollars at? I presume thee rates will rise but will they always offer to exchange your cash at a figure below the rates you guys are quoting on here?

inspector_monkfish

11:28 15Apr09 EURO EXTENDS LOSSES VS STERLING, HITS 6-WEEK LOW OF 88.46 PENCE <EURGBP=R>
11:30 15Apr09 STERLING EXTENDS GAINS, RISES ABOVE $1.50 <GBP=D4>, 3-MONTH HIGH - REUTERS DATA
11:42 15Apr09 Sterling jumps to 3-mo high vs dlr above $1.50

LONDON, April 15 - Sterling jumped against the dollar on Wednesday, rising above the key $1.50 level and hitting a 6-week high against the euro after some UK housing data raised expectations of recovery.

Technical factors also accelerated gains, with the pound rising as high as $1.5038, recovering above the $1.5 level for the first time since mid-January <GBP=D4>.
The euro fell to 88.32 pence, the lowest since early March <EURGBP=R>.

"The strong RICS (Royal Institution of Chartered Surveyors) survey overnight has boosted sterling. It is higher than it was 12 months ago and people are seeing tentative signs of green shoots in the UK housing markets," State Street currency strategist Lee Ferridge said.

The monthly property survey reported its seasonally adjusted house price balance rose to -73.1 in March from -78.1 in February.

jonathanrichardson69

just dropped below 1.5 to 1.4990 hopefully just a temporary blip. or as IM would say, profit taking???

inspector_monkfish

philswain90 wrote: »

Sorry i'm a complete newbie to all this so may be going down the wrong track but if the rate is hitting 1.50, will any exchange places start offering this rate to buy your dollars at? I presume thee rates will rise but will they always offer to exchange your cash at a figure below the rates you guys are quoting on here?

no mate
1.50 is where the interbank market is currently trading

you wont get 1.50 at the high street until interbank gets upto 1.52/53 levels i would imagine

neilbond007

inspector_monkfish wrote: »

11:28 15Apr09 EURO EXTENDS LOSSES VS STERLING, HITS 6-WEEK LOW OF 88.46 PENCE <EURGBP=R>
11:30 15Apr09 STERLING EXTENDS GAINS, RISES ABOVE $1.50 <GBP=D4>, 3-MONTH HIGH - REUTERS DATA
11:42 15Apr09 Sterling jumps to 3-mo high vs dlr above $1.50

LONDON, April 15 - Sterling jumped against the dollar on Wednesday, rising above the key $1.50 level and hitting a 6-week high against the euro after some UK housing data raised expectations of recovery.

Technical factors also accelerated gains, with the pound rising as high as $1.5038, recovering above the $1.5 level for the first time since mid-January <GBP=D4>.
The euro fell to 88.32 pence, the lowest since early March <EURGBP=R>.

"The strong RICS (Royal Institution of Chartered Surveyors) survey overnight has boosted sterling. It is higher than it was 12 months ago and people are seeing tentative signs of green shoots in the UK housing markets," State Street currency strategist Lee Ferridge said.

The monthly property survey reported its seasonally adjusted house price balance rose to -73.1 in March from -78.1 in February.

someone come and buy my b4st4rd house then!!! (please)