gfromls Posted March 23, 2006 Share Posted March 23, 2006 oh dear Quote Link to comment Share on other sites More sharing options...
Magpie Posted March 23, 2006 Share Posted March 23, 2006 oh dear Oh dear what? Seems a bit of an obsession here with pointing out small £/$ fluctuations but it's been within a few cents up and down for months hasn't it? Quote Link to comment Share on other sites More sharing options...
erd Posted March 23, 2006 Share Posted March 23, 2006 oh dear It is currently 1.734, unless it goes and stays below 1.70, there is not much to worry about. Quote Link to comment Share on other sites More sharing options...
BuyingBear Posted March 31, 2006 Share Posted March 31, 2006 oh dear You can always go and play on the Forex market, but watch your leverage. Quote Link to comment Share on other sites More sharing options...
wadisgod Posted April 1, 2006 Share Posted April 1, 2006 With interest rates now higher in the US I am expecting the $ the rise with respect to £. If this does not happen in a dramatic way U.S. interest rates are still higher and therefore offer abetter return. Anyone know where I can get the best interest on a $ account yet still retain the BoE guarantee? Quote Link to comment Share on other sites More sharing options...
BuyingBear Posted April 2, 2006 Share Posted April 2, 2006 With interest rates now higher in the US I am expecting the $ the rise with respect to £. If this does not happen in a dramatic way U.S. interest rates are still higher and therefore offer abetter return. Anyone know where I can get the best interest on a $ account yet still retain the BoE guarantee? Try CitiBank Quote Link to comment Share on other sites More sharing options...
wadisgod Posted April 2, 2006 Share Posted April 2, 2006 Hi Just had a look the current account is non interest bearing have I missed something? Wadisgod Quote Link to comment Share on other sites More sharing options...
Manic Miner Posted April 5, 2006 Share Posted April 5, 2006 With interest rates now higher in the US I am expecting the $ the rise with respect to £. If this does not happen in a dramatic way U.S. interest rates are still higher and therefore offer abetter return. Anyone know where I can get the best interest on a $ account yet still retain the BoE guarantee? Be careful here, my view is that we're more likely to see the dollar fall against the pound. Any dramatic moves won't be caused by a fraction of a percent differential in interest rates but by what China and Japan do with their dollar currency reserves. If you moved your money into US$ cash on Monday morning it would be worth about 2% less now. I'm just saying that to illustrate the risk rather than say the fluctuation of the last 48 hours is anything but normal market moves. Quote Link to comment Share on other sites More sharing options...
shedders Posted April 5, 2006 Share Posted April 5, 2006 I wouldnt touch the US Dollar with a barge pole. Its going to get very ugly for the Dollar and subsequently the Pound, western economies due to the US debt which will bring down the Dollar.The Dollar has lost one third of its foreign exchange value over the past three years. Quote Link to comment Share on other sites More sharing options...
Buylowsellhigh Posted April 5, 2006 Share Posted April 5, 2006 Any dramatic moves won't be caused by a fraction of a percent differential in interest rates but by what China and Japan do with their dollar currency reserves. The word is, the dollar fell broadly on Tuesday on further talk of foreign central banks shifting some of the holdings from dollars to euros, this time from China, Qatar and Kuwait. --- Quote Link to comment Share on other sites More sharing options...
Buylowsellhigh Posted April 7, 2006 Share Posted April 7, 2006 US non-farm payrolls are released today, either way breakouts are likely. Todays NFP data seemed to attract more attention as [sNOW] on Wed said he expected good figures, though the entire market does not know why he offered such comments. There seems to be a case about 2-years ago when Snow predicted strong NFP data and actually the results were 300k vs 120k estimates. Consensus is around +190k for today's figure. Jobless rate is estimated around 4.8%. --- Quote Link to comment Share on other sites More sharing options...
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