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

Cage

neilbond007 wrote: »

It's not really miles out. it's the rate that they sell at i'm guessing... i also use this to get the selling rates of companies... this is for £10k
http://sendmoneyhome.org/Content/searchresults.php?countries=GB&destinations=US&amount=10000&submit=Search&submitted=true

Ahh I thought that rate from xe.com was just linked to the market, I didnt realise that was their selling rate. Thanks again.

inspector_monkfish

morning all

touched the merry heights of 1.5280 overnight, and now comfortably trading at 1.5220

must stress this is mainly on USD weakness, rather than strong GBP, as its doing F all against the EUR (1.1160)

inspector_monkfish

04:19 11MAY09 [Sterling Briefing]

[04:19 GMT May 11th] The GBP/USD opened in Asia at 1.5250 and was immediately bought up to 1.5280 to trigger stops above 1.5260. The pairing fell sharply when Tokyo arrived and sold GBP/JPY on reports from the WSJ report indicating that the US bank stress tests were modified late in the process resulting in smaller short falls and an article in the UK Telegraph saying that HSBC will lose around5 BLN USD from their US Household operation.

The GBP/USD fell to 1.5192 before bouncing back to 1.5250 later in the morning when the USD assumed a broadly offered tone. The GBP eased across the board in the early afternoon when a UK

Guardian report stated that the BOE is deeply concerned that the UK banking system is heading for a third wave of crisis. The EUR/GBP jumped to 0.8975 from 0.8955 while the GBP/USD eased to 1.5215 into the afternoon session.

Sentiment towards the GBP/USD is mixed with some analysts feeling that the asset market rally that is supporting the paring is over-extended and due for a correction. Others feel that the equity/asset market rally shows no sign of abating and a move towards 1.5500 in the GBP/USD is likely.

whatusername

inspector_monkfish wrote: »

morning all

touched the merry heights of 1.5280 overnight, and now comfortably trading at 1.5220

must stress this is mainly on USD weakness, rather than strong GBP, as its doing F all against the EUR (1.1160)

It can only get stronger the old GBP

inspector_monkfish

MPs blame the system...

http://www.thedailymash.co.uk/politics/politics-headlines/it's-the-system-that's-a-piece%11of%11shit%2c-thieving-!!!!!!!%2c-say-mps-200905111751/

inspector_monkfish

Cable collapsing big time here...

1.5130 trading

roots_controller

Come on Pound, turn it round !

kefrif

Aye - Come on Pound, turn it round!!

whatusername

It aint down much, fingers crossed for a wee spurt this afternoon. Anu significant figures released this week Monky?

inspector_monkfish

very funny

http://awkwardfamilyphotos.com/