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

inspector_monkfish

creeping up
1.4620

inspector_monkfish

jonathanrichardson69 wrote: »

figures made no difference then

not really

whatusername

Caligirl wrote: »

Hi everyone,

This one's for Mr Bond I think. Like you I am about to move out to the States - yay! :j

Am wondering what the most cost-effective way is to convert from £3k up to £10k at a time to dollars and get it to my US bank account. You're not allowed to take in more than $10k at a time in cash when you fly in.

Was just out there working for a couple of months and once I got the go-ahead that I will be working out there permanently in about six weeks' time, I began drawing out my daily limit from my Nationwide and then putting the cash into my US account. But surely there must be a better way than that!

Thanks in advance Mr Bond! Hope all your prep is going well - I've got most of the US side of things covered but am about to start on things like changing my UK phone to a PAYG and other loose UK ends.

Caligirl x

Lucky you hope the move goes well, im pretty sure neil will fill you in on his thoughts.

neilbond007

Caligirl wrote: »

Hi everyone,

This one's for Mr Bond I think. Like you I am about to move out to the States - yay! :j

Am wondering what the most cost-effective way is to convert from £3k up to £10k at a time to dollars and get it to my US bank account. You're not allowed to take in more than $10k at a time in cash when you fly in.

Was just out there working for a couple of months and once I got the go-ahead that I will be working out there permanently in about six weeks' time, I began drawing out my daily limit from my Nationwide and then putting the cash into my US account. But surely there must be a better way than that!

Thanks in advance Mr Bond! Hope all your prep is going well - I've got most of the US side of things covered but am about to start on things like changing my UK phone to a PAYG and other loose UK ends.

Caligirl x

Well we're both in the same boat that's for sure.
I won't be needing a lump sum of $ for another month or so. Therefore I haven't yet transferred any significant amounts of cash over yet.
I already have a US bank account so it shouldn't be a problem.

I've found this site that gives a good comparison for decent values -
http://sendmoneyhome.org
seems a good little website!

let me know when you're transferring and if it goes ok. i'll do the same.
it's a little scary transferring such sums...

inspector_monkfish

Cable ramping up now....

1.4690 trading

inspector_monkfish

http://www.historicalkits.co.uk/English_Football_League/index.html

inspector_monkfish

lets check back for the end of day predictions.....

neil 1.45
jonny69 "lucky to be over 1.45" then cghanged to 1.4640
IM 1.4680
kefrif 1.4650



looks like we are all way off, as its currently trading at 1.4725

inspector_monkfish

apparantly some GBP buying from Central Banks is sending it through the roof....

inspector_monkfish

13:58 24Apr09 STERLING PARES LOSSES, RECOVERS NEARLY 1 CENT VS DOLLAR TO AROUND $1.47 <GBP=D4>
14:06 24Apr09 STERLING REBOUND SAID TO BE ON CENTRAL BANK BUYING - TRADERS
14:14 24Apr09 Sterling cuts losses, traders cite overseas c.bank buying

LONDON, April 24 - Sterling pares losses on Friday, with traders citing demand from overseas central banks helping the currency to recover from a fall earlier in the day after grim UK growth data.

Sterling <GBP=D4> rose a around cent to a session high of $1.4729 <GBP=D4> and the euro <EURGBP=R> trimmed its gains to around 90.17 pence, but still 0.8 percent up on the day.

Traders said sterling was boosted by demand from central banks as part of their regular reserves management.

They also said that buying by a European bank and short covering by model funds were helping the UK currency to trim losses, but the pair stayed under downward pressure, trading 0.2 percent lower on the day.

whatusername

inspector_monkfish wrote: »

lets check back for the end of day predictions.....

neil 1.45
jonny69 "lucky to be over 1.45" then cghanged to 1.4640
IM 1.4680
kefrif 1.4650



looks like we are all way off, as its currently trading at 1.4725

You missed me el son 1.4613 and im miles out too.