A question about : US ($) Currency Thread 2
US Currency - Questions & Answers Thread 2
Please use this thread for all queries related to US Currency conversion, rates and the best time to buy.
The old thread can be found here: US Currency Thread 1
Useful links:
Question of the Week: When should I buy my foreign currency?
Travel Money Maximiser (find the best exchange rate to buy before you travel)
XE.com (real-time exchange rates)
Spending Overseas (Martin's article listing the best ways to spend abroad)
VISA exchange rate
Locate a VISA ATM
Locate a Mastercard ATM
Historical exchange rate graphs: 30 days, 90 days, 180 days
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Best answers:
- What was wrong with the old thread?
CPI & RPI just been released, slightly worse than expected it seems.
Markets still digesting info.
Cable currently trading near todays high, around 1.5480 - Over 5000 posts and still going?
https://forums.moneysavingexpert.com/...07386&page=273 - 1.5505 trading
- 11:34 19May09 GBP/USD: 1.5500 Resistance Level Tested as Dow Futures Motor
[10:34 GBP/USD: 1.5500 Resistance Level Tested as Dow Futures Motor] London, May 19.
Cable has just tested the 1.5500 resistance level as the pound benefits from
another Dow futures up-leg to +70 (they were down 7 at 7am BST). Pre-1.5500
supply from a supra-national entity helped to cap GBP/USD at a five-month peak of
1.5498 during the European morning (post-UK inflation data). 1.5445 was the
ensuing pullback low. 1.5293-1.5356 was today"s Asian session range.
There was a lot of topside option strike buying during the European morning,
with the catalyst being a fund"s estimated GBP 500mn purchase of 2-week 1.5700
GBP calls/USD puts. - Hi Guys, Great to see the dollar going up. I often check in on this thread however I must say some of it goes over my head lol. I look at the highstreet prices as i do understand that one. Thomas Cook/M&S where 1.45 last night and 1.47 today. Hopefully go up bit more before i travel later in the year. I'm hoping to get my dollars at 1.55+ (from the highstreet) Personal opinions- do you think this is a realistic rate? I'm hoping it is.
- Thanks I got my dollars at $1.92 last year so I will obviously notice the difference this year however compared to the euro rate- $1.55 is good. Fingers crossed!!
- 16:36 GBP Shines While EM Asia Rests
[15:35 GBP Shines While EM Asia Rests] New York, May 19.
Europe is in, EM Asia is out, and Swiss is out of the park. The stealth intervention by the SNB last week has done its job. Banks are recommending finding a new safe haven currency and custody accounts are dumping CHF in favor of an undervalued GBP. This is despite solid Nestle chocolate sales being and decent valuations in the Swiss banking group. Healthcare exposure may be the index"s undoing.
Thanks to rise in oil and bank stocks, GBP is hitting new highs against many
of the Asian currencies. GBP/SGD will likely close at new 2009 highs today, GBP/THB will do the same, and GBP/KRW will try to catch up. GBP/JPY has closed over 150 only once this year. It looks like it will try to retake the 150 handle and head up to 152.80. - Guys, at top of last week I posted that we'd be at $1.55 by friday of last week. My mistake, it took 2 additional trading days.
YAAA-HOOOO!!!!!
Right then - $1.60 by the end of May. Who's in?
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