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

luci

Hey Rich

If you are thinking of withdrawing dollars, maybe leave it till tomorrow and use the ATM inside Casino Royale as it only charges $1 per transaction compared to other machines' $4.99.

funkyfin2000

inspector_monkfish wrote: »

must be !!!!!! there, if the best thing you can find to do is post in the MSE forum :D

im in bed mate, waiting for missus to rise.....

inspector_monkfish

funkyfin2000 wrote: »

im in bed mate, waiting for missus to rise.....

shouldnt she be waiting for you to 'rise'

inspector_monkfish

trading at 1.5095
i'm off home
ciao

dmg24

inspector_monkfish wrote: »

shouldnt she be waiting for you to 'rise'

I knew there was a reason I checked this thread! :T

neilbond007

luci wrote: »

Hey Rich

If you are thinking of withdrawing dollars, maybe leave it till tomorrow and use the ATM inside Casino Royale as it only charges $1 per transaction compared to other machines' $4.99.

And Casino Royale has $1 beers... or used to.
They also give away a free pack of cards when you join the players club if it's your birthday. I saw some girl getting some and asked for a pack too.

neilbond007

inspector_monkfish wrote: »

13:19 05May09 IFR-COMMENT: Cable to Lead on More General Dollar Weakness

[12:18 COMMENT: Cable to Lead on More General Dollar Weakness ] London, May 5.

Pull up a chart of the $-index and S&P500 and one will see a close relationship between the two since Aug-2008. Correlations come and go and it is difficult to find a correlation that sticks over a longer period of time especially in FX markets. However, the $-index/S&P correlation is interesting as it tells the story of how FX markets have traded off the gyrations in equity markets and the common factor being the evolution of risk taking. This relationship can be broken down further for Cable where there is a strong relationship since Lehman's collapse last year between Cable and the share price of the UK bank Barclays.

With S&P having broken through the 875/80 resistance level the potential is for risk taking to take another step up and thus for the dollar to weaken more generally. The AUD has already broken through its highs after finding some resistance in April but Cable might have the most catching up to do given that market psychology has been more negative here than on other FX pairs. Indeed turning back to the simple correlation between the price of Barclays and Cable there is the potential for Cable to move all the way to 1.7000 should risk taking
continue. But this weakness will be a part of a more general bout of dollar weakness.

Please let it be true!!!!

Cage

1.7 would be amazing, if it were to goto that, how long would anyone rekon it would take ?

neilbond007

Cage wrote: »

1.7 would be amazing, if it were to goto that, how long would anyone rekon it would take ?

I'd guess - an age.
If it got to 1.70 we'd only want 1.75 anyway...

neilbond007

well we're hovering around the 1.5070 mark at the moment.
I'm going to try to stay offline tonight and get a life and enjoy the sunshine!

Fingers crossed for > $1.50 when I get on in the morning