Euro (€) Currency Thread

TuftyMatt

Well yesterday the IMF says that AD's reaction was the right thing for the UK going forward and today S&P kick us in the you know where.

I think the market did what it always does and panicked then slowly came to it's senses taking us back to 1.141.

All in all I am happy and think 1.15 is on the cards next week.

inspector_monkfish

TuftyMatt wrote: »

Well yesterday the IMF says that AD's reaction was the right thing for the UK going forward and today S&P kick us in the you know where.

I think the market did what it always does and panicked then slowly came to it's senses taking us back to 1.141.

All in all I am happy and think 1.15 is on the cards next week.

good job moodys and fitch came to our rescue

harryhound

Is not S&P saying the blindingly obvious?

inspector_monkfish

harryhound wrote: »

Is not S&P saying the blindingly obvious?

not according to fitch or moodys

waynehayes

Morning. 1.1395 to start the day.

inspector_monkfish

09:39 22May09 MARKET TALK: Sterling Steady After GDP Non-Event

0839 GMT (Dow Jones) Sterling, which succumbed to profit taking early session and
then rallied just prior to the 1Q GDP revision, comes out the other side of the numbers little changed from where it went into them. GBP/USD trades at 1.5822 within the day's range of 1.5890 to 1.5761 while EUR/GBP is at 0.8816. The second reading of 1Q GDP came in unrevised at -1.9% on the quarter and down 4.1% on the year.

inspector_monkfish

currently trading at 1.1335

inspector_monkfish

right, its currently trading at 1.1375

i'm off now until Monday June 1st

don't miss me too much :beer:

pollypenny

inspector_monkfish wrote: »

right, its currently trading at 1.1375

i'm off now until Monday June 1st

don't miss me too much :beer:

We will miss you! Have a good holiday. I shall have to get my euros without your latest. Mrs Monkfish got her passport then. :beer:

Pol x

FreddieM

Crown Currency Exchange.com are today offering Euros at 1.1350 for delivery between 22/6/09 - 11/07/09 A very reliable company and will deliver special Delivery on your requested date between the two above :beer: