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

neilbond007

well looks like we're bollxed

inspector_monkfish

14:03 22Apr09 GBP/USD: 3-Week Low Plumbed Amid Gilt Buyers Strike Fears

[13:02 GBP/USD: 3-Week Low Plumbed Amid Gilt Buyers Strike Fears] London, April
22. Cable has extended south to a three-week low of 1.4435 amid heightened fears
of a gilt buyers strike re: the UK government"s announcement that it plans to
issue GBP 220bn gilts in the 2009/10 fiscal year.
This number is 10% higher than
the GBP 200bn number flagged in today"s FT. As recently as March, the UK DMO said
it would issue GBP 147.9bn gilts in 2009/10.

The bigger-than-expected GBP 220bn gilt issuance number is also perceived to
have increased the risk that the BoE MPC will have to utilize the second GBP 75bn
"reserve" segment of its "Quantitative Easing" Asset Purchase Programme, beyond
the GBP 75bn first segment of the APP scheduled for completion through the middle
of next month.

The IMF forecasts that the UK economy will contract by 4.1% this year, and by
0.4% next year (Reuters). This compares with UK Chancellor Alistair Darling"s
budget forecast of 3.5% UK economic contraction this year, followed by 1.25% UK
economic growth next year.

junpit

Sterling in freefall... 1.44090 at the mo

neilbond007

junpit wrote: »

Sterling in freefall... 1.44090 at the mo

oh ye of little faith... it's fairly motored up to 1.4435. that's a rise of .4c in about 10 minutes!! amazing... oh... never saw the 3c drop just before that... balls!

jonathanrichardson69

currently climbing back up, now at 1.4468.
1.45 by end of day would be good all things considered.

inspector_monkfish

anyone play fantasy football ?
i need some transfer advice !!

neilbond007

inspector_monkfish wrote: »

anyone play fantasy football ?
i need some transfer advice !!

I have a team in the yahoo one. it's free
what's your dilemma old boy?

back over 1.45!!!!

neilbond007

1.4525

the pound is fighting back...
http://www.youtube.com/watch?v=2PtvLTZS4Ik

inspector_monkfish

neilbond007 wrote: »

I have a team in the yahoo one. it's free
what's your dilemma old boy?

back over 1.45!!!!

we got a league going here at work with SKY SPORTS
(also free - but we all chipped in a tenner)

i am currently leading by 20 points and i have just 1 transfer left.
(thanks to Torres last night)

bloke in 2nd has used all his up
3rd place is too far behind (i hope)

i have petrov (avl) and murphy (ful) in midfield as my 'cheapo-make-up-the number players'

was thinking of bringing in Osman (eve) in place of murphy, simply because Everton have 1 extra game to play (against chelsea tonight) and they get 1pt just for playing
Osman has 4 goals and 4 assists - 6 games to play
Murphy has 4 goals and 4 assists - 5 games to play

OR

i could bring in Matty Taylor (Bol) in place of Petrov
Taylor has 10 goals and 5 assists this year - 5 games to play
Petrov has 1 goal and 3 assists - 5 games to play

OR

Peter Crouch in place of Robbie Keane (2nd place fella also has Keane), again simply beacuse Portsmouth have 1 extra game (albeit against ManU tonight)
Crouch has 10 goals and 5 assists - 6 games to play
Keane has 8 goals and 7 assists - 5 games to play

i reckon to get full value from this final transfer, with 5 or 6 matches to go, now is about the right time to use it

FA Cup and ECL games do not count


any advice would be greatly appreciated......

inspector_monkfish

neilbond007 wrote: »

1.4525

the pound is fighting back...
http://www.youtube.com/watch?v=2PtvLTZS4Ik

never in doubt :cool:
there was always going to be a knee jerk reaction to anything the jerk said.....