 Poster: A snowHead
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rayscoops,
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and it has been reported that China is going to loosen this peg
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That was stated as fact in the opening pre-amble of Osbournes emergency budget.
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Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
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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?
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Boredsurfing, Osbourne must be very well connested then because it is not in any Chinese statute or law and is just words at the moment, and the Chinese are already back tracking and playing it down a bit regarding timescales/extent etc 
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You need to Login to know who's really who.
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It's "Osborne" folks.
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Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
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laundryman, since Osbourne opened his mouth a day or two before the budget the markets have crashed big style !! 
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You'll need to Register first of course.
You'll need to Register first of course.
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The Moneycorp weekly round up is (in my humble view ...) worth getting for a bit of insight into whats going on and possible emerging trends: http://www.moneycorp.com/headline_mail/EUR_MC.html . Looking at the figures this morning there is still a whole lot of volatility.
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rayscoops, after you've revised your spellings, you can look up correlation and causation. Your parents weren't always yanking you out of school were they? 
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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.
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rayscoops, haha, my comment wasn't serious either! For your next task, find evidence that I went to a public school!
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laundryman, ha ha ha I was talking about Osbourne
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snowHeads are a friendly bunch.
snowHeads are a friendly bunch.
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rayscoops, got it!
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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.
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laundryman, yip, hook line and sinker
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rayscoops, you'll admit your post was ambiguous?
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You know it makes sense.
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laundryman, yes, very much so 
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Otherwise you'll just go on seeing the one name:
Otherwise you'll just go on seeing the one name:
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Ooooof, taken a plunge back down to €1.21 again. I blame Tate and Lyle.
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Poster: A snowHead
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Had to bite the bullet today (should have done it yesterday  ) got 1.2106 spot with MoneyCorp
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Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
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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?
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Wayne, actually after falling back a bit since the election the price has bottomed out and just turned back up through its 40 day average which might see it pick up a bit over the next few weeks 
edit - back up over 1.2 today
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| rayscoops wrote: |
| back up over 1.2 today |
are you sure 
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Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
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it was briefly.
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You'll need to Register first of course.
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Down to 1.18540 right now.
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Euro back up through a crucial chart point ag USD last night. Lots of shorts squealing at the moment .. fundamentaly the euro is still worthless. fundamentals dont buy you dinner tho
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UK growth up 1.1% in the last quarter watch that rate go.....
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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.
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Boredsurfing, pushed up largely by construction catching up from the fall in the previous (bad weather) quarter, but not too many schools and hospitals planned to be built in the near future iirc so I would not expect this to be a trend
The Euro is proving quite strong and it is the Dollar that has been on the slide recently. Sterling is up against the Euro and is flying against the $
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actually it has all changed, the Euro is down on US and the £ i- nearly £1.20/Euro. £ up on $ which suggest a slide in the Euro. Maybe the bank stress data out in a few hours will show that Greece could not sustain a 3% drop in GDP and it will default on its loans
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snowHeads are a friendly bunch.
snowHeads are a friendly bunch.
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A slide in the euro \0/
Going to Greece so everything will cost a fortune /0\
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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.
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still heading back up towards 1.20 again
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rayscoops, bank stress tests.. dont make me laugh , if they applied the same 'stress' test criterea to making planes they would let them build the wings out of wet cardboard boxes ..
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You know it makes sense.
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CANV CANVINGTON, no sovereign debt failure considered and only a mild recession so not the worst case scenario ! if we have the same recession as we have just had atleast 30% of the banks tested would probably fail without government intervention to save them
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Otherwise you'll just go on seeing the one name:
Otherwise you'll just go on seeing the one name:
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i did my very own stress test this weekend by trying to take EUR200 out of cash machines at a couple of Spanish Cajas
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Poster: A snowHead
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Sterling is 1.56 to US$ at the moment
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Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
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Arno,
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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?
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rayscoops, yep, complete crap. Stress testing of a financial system is a fundamentally flawed idea anyway. Idiots.
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You need to Login to know who's really who.
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I may have found the best place to get cash € for £ in the UK:
The various Cambio windows on Oxford Street in London (I'd think the same would apply for Edinburgh etc too).
They obviously do 99% of their business buying €/selling £ and therefore their rates are VERY heavily skewed in that direction.
It suits them very well to sell you the € and the rate was very close to actual spot, no extra charges of any kind.
I got 1.193 a couple of days ago.
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Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
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rungsp, I have found the same thing at several places near London Victoria - within half a cent of the spot price.
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rungsp, thomas global on the strand, and bizarrely Lamberts souvenir shop on whitehall - all similar.
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holidayloverxx, I second Thomas global - they've also got kiosks at Victoria and in the arcade near Liverpool Street - they all offer the same rate (or at least they claim to!). Tend to be within 0.5-0.75 of the spot price both ways in my experience.
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1.21 today
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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.
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rungsp, that's an amazing revelation. I always assumed those "Cambio Weasel" windows would be tourist trap ripoffs, like doing your forex in an airport.
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paulio, you are entirely correct!
They do indeed rip off the tourists...but their loss is our gain (so long as your desire is the opposite of 99.9% of the other users).
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FAQ
I would expect a bit more from a public school & Oxford graduate though 
