Euro (€) Currency Thread

dealsearcher

dealsearcher wrote: »

... and the rate is now ...

Actually you missed my point. It was, yet again, 1.117 when I looked. I see it's now 1.125, so maybe the consumer confidence figures are starting to have an effect?

inspector_monkfish

dealsearcher wrote: »

Actually you missed my point. It was, yet again, 1.117 when I looked. I see it's now 1.125, so maybe the consumer confidence figures are starting to have an effect?

don't worry, i fully understood your point....

antenna

Euribor down today by 22 clicks or .022 at 1.478 from 1.500 1 month rate.
last five days show 10 clicks,13,12,18 and today 22, so gathering speed before thursdays ecb rate announcement.

inspector_monkfish

antenna wrote: »

Euribor down today by 22 clicks or .022 at 1.478 from 1.500 1 month rate.
last five days show 10 clicks,13,12,18 and today 22, so gathering speed before thursdays ecb rate announcement.

precisely
from next tuesday we will have a new base rate in EUR, most probably of 1.50pct

1mth and 3mth are still only down about 0.25pct since this time a month ago, considering we have been talking about this cut for the entire month...

dealsearcher

antenna wrote: »

Euribor down today by 22 clicks or .022 at 1.478 from 1.500 1 month rate.
last five days show 10 clicks,13,12,18 and today 22, so gathering speed before thursdays ecb rate announcement.

I presume that's good news for the pound / euro rate? So hard to tell nowadays. It'll probably just come back down to 1.117 again. :sad:

inspector_monkfish

makes no difference
trading at 1.215

antenna

dealsearcher wrote: »

I presume that's good news for the pound / euro rate? So hard to tell nowadays. It'll probably just come back down to 1.117 again. :sad:

Everytime the euro loses a little ground and you get more for your pound someone mentions "quantative easing" ie printing more money,this dilutes the value of the pound,and back we go.......but my point in the euribor rate is that when this rate goes down and the ecb follow with a rate cut,unless someone mentions quantative easing you will get more euros for your pound.

antenna

inspector_monkfish wrote: »

makes no difference
trading at 1.215

I am a big buyer at 1.215.........................so next time you help calculate the Libor just reverse a couple of digits and we will all make some money:rolleyes:

dealsearcher

You spotted that delibarate mistake did you? :beer:

inspector_monkfish

antenna wrote: »

I am a big buyer at 1.215.........................so next time you help calculate the Libor just reverse a couple of digits and we will all make some money:rolleyes:

hahaha:rotfl:

fat fingers sorry !!!


opened up this morning at 1.1230