 Poster: A snowHead
|
Boredsurfing, Where do you get 1.13 from, live the rate is trying to break 1.12 and has been trying for a few days, which in real terms to the man/woman on the street they will be lucky to get 1.10 in the bank etc?
http://www.moneycorp.com/chart/charts_NewWebsite.cfm
|
|
|
|
|
|
Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
|
thefatcontroller, Off my desktop widget which is now showing 1.120 as well 
|
|
|
|
|
|
Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
|
Boredsurfing, You need to ditch your widget and use a proper tool 
|
|
|
|
|
|
You need to Login to know who's really who.
You need to Login to know who's really who.
|
XE is showing 1.119
http://www.xe.com/
Updated every minute!
I bit the bullet yesterday and changed a hundred at 1.075 from Tesco, still got another two hundred to change so will be keeping an eye on it!
|
|
|
|
|
|
Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
|
thefatcontroller, What I really need is a cash income in Euro's 
|
|
|
|
|
|
You'll need to Register first of course.
You'll need to Register first of course.
|
|
The trend will be determined by tomorrows MPC decision on QE. More Quantitative Easing will keep Sterling - Euro at less than 1.10 for a while. The only thing that has lift the pound to where it is, is the weakness in the Dollar. Good news for those going across the pond for their powder.
|
|
|
|
|
|
|
|
Think I will be heading up to Belfast at the weekend for a new set of boots 
|
|
|
|
|
|
|
|
Another £25bn of QE announced, but widely expected to be the end of it, hence today's fall in equities and slight rise in £ v €.
Stocks are considerably over valued at the moment, mostly due to the QE money having funded purchases by the financial institutions that held government debt. That demand for equities will now fall and so will the FTSE.
The pound should continue to grow slowly against the Euro, provided there are no more shocks.
|
|
|
|
|
|
You'll get to see more forums and be part of the best ski club on the net.
You'll get to see more forums and be part of the best ski club on the net.
|
|
Sterling up half a percent already this morning against dollar and Euro
|
|
|
|
|
|
|
|
|
That must be because NuLieBore won the Glasgow E election. The gnomes must think Gordy will call an election and we'll see the back of him sooner rather than later!
|
|
|
|
|
|
snowHeads are a friendly bunch.
snowHeads are a friendly bunch.
|
All this gain does its take it back to where it was last week  It only seems to be treading water between 1.1o and 1.123. Watch to see if it breask above 1.123
|
|
|
|
|
|
And love to help out and answer questions and of course, read each other's snow reports.
And love to help out and answer questions and of course, read each other's snow reports.
|
|
thefatcontroller, which is quite good really, a rise and a bit of flat line and then a rise is fine by me edit consecutive peaks and troughs seem to be heading in the right direction though since Oct
|
|
|
|
|
|
|
|
|
Don't worry Mr Darling will soon announce some how f**ked we are all are and send it crashing back down again...
|
|
|
|
|
|
You know it makes sense.
|
| ski-finder wrote: |
| Don't worry Mr Darling will soon announce some how f**ked we are all are and send it crashing back down again... |
|
|
|
|
|
|
Otherwise you'll just go on seeing the one name:
Otherwise you'll just go on seeing the one name:
|
|
That's the most transparent attempt to get your Apres Zone percentage down that I've ever seen, HH.
|
|
|
|
|
|
Poster: A snowHead
|
|
paulio,
|
|
|
|
|
|
Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
|
|
And again!
|
|
|
|
|
|
Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
|
|
paulio, just checked back and I posted FOUR times on just the first page of this thread. I follow the value of the pound very closely I will have you know...now where have I put the Financial Times...
|
|
|
|
|
|
You need to Login to know who's really who.
You need to Login to know who's really who.
|
|
Surely more to do with the fact that Germany is not recovering as fast as expected, hence the UK isn't as much in the doo-doo (relatively speaking) as forecast.
|
|
|
|
|
|
Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
|
|
Can't belive I got genuinely excited by us hitting 1.12 (albeit briefly) today! Still looking for some truly dire data to come out of some of the weaker Euro nations before the year is out ... or ideally before I need to buy my next chunk of Euros.
|
|
|
|
|
|
You'll need to Register first of course.
You'll need to Register first of course.
|
|
Well eurozone is officially out of recession now... So I wouldn't bet on it rising above 1.15 anytime soon.
|
|
|
|
|
|
|
|
|
|
|
|
|
Trying to break north, up at 1.126 
|
|
|
|
|
|
You'll get to see more forums and be part of the best ski club on the net.
You'll get to see more forums and be part of the best ski club on the net.
|
|
inflation results out at 0930 so back to 1.10
|
|
|
|
|
|
|
|
Boredsurfing, But what is good and what is bad in terms of inflation?
Is it:
Inflation up, indicating reviving demand and recovery?
Inflation down, indicating stagnation?
or something else?
|
|
|
|
|
|
snowHeads are a friendly bunch.
snowHeads are a friendly bunch.
|
In the old economics printing money (now called Quantitive Easing) led to massive inflation, examples being seen in Germany Argentina and more recently by Mugabe's regime. So we should have rampant inflation BUT so far it hasn't happened...yet. The markets are waiting for any sign of it starting. BUT the waters are currently being muddied by a free falling dollar a rising oil price and the upcoming increase in UK vat which is distorting retail markets.
A little inflation 1to1.5 % will be seen as OK anything else who knows?
It is anyones guess what the markets will do
|
|
|
|
|
|
And love to help out and answer questions and of course, read each other's snow reports.
And love to help out and answer questions and of course, read each other's snow reports.
|
Mrs Spurs was given a couple of K in euros by her dad last month when she went to visit. Looked at changing it to sterling and were offered £1600 for it!
We'll hang on to it for use in future holidays.
|
|
|
|
|
|
|
|
|
Boredsurfing, err .... supply and demand in the markets then
|
|
|
|
|
|
You know it makes sense.
|
|
rayscoops, or Fear and loathing
|
|
|
|
|
|
Otherwise you'll just go on seeing the one name:
Otherwise you'll just go on seeing the one name:
|
|
Sterling half of a percent up already against the Euro 1.128
|
|
|
|
|
|
Poster: A snowHead
|
|
youspurs1, Who did you ask to change it? Delboy?
|
|
|
|
|
|
Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
|
|
Boredsurfing, at times there seems to be no real reason for some changes in the market, except that maybe a hedge fund has made some money and fancies taking a profit. Perhaps fear and loathing is spot on
|
|
|
|
|
|
Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
|
|
Inflation at 1.5% which what was expected/ Underlying RPI at 1.9% so talk of an interest rate increase later. Both potentially good for the Euro rate.
Last edited by Well, the person's real but it's just a made up name, see? on Tue 17-11-09 10:35; edited 1 time in total
|
|
|
|
|
|
You need to Login to know who's really who.
You need to Login to know who's really who.
|
| Boredsurfing wrote: |
| In the old economics printing money (now called Quantitive Easing) led to massive inflation, examples being seen in Germany Argentina and more recently by Mugabe's regime. |
I think we're already seeing it - in the stock market. The new money has to end up somewhere and there's no point putting it in the bank at current rates of interest.
|
|
|
|
|
|
Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
|
Spiked to 1.129 on inflation announcement 
|
|
|
|
|
|
You'll need to Register first of course.
You'll need to Register first of course.
|
|
|
|
|
|
|
thefatcontroller, If the interest rate increase is talked about then things will get focused € rate wise.
|
|
|
|
|
|
|
|
|
|
|
You'll get to see more forums and be part of the best ski club on the net.
You'll get to see more forums and be part of the best ski club on the net.
|
|
thefatcontroller, not just a spike, it is carrying on edit - and spiking back . Euro sliding a bit today against everything except Swiss
|
|
|
|
|
|
|
|
|
Arno, thanks - I hadn't seen that: but it certainly feeds my unease at the easing!
|
|
|
|
|
|
|
|
FAQ
