Guest Posted May 18, 2016 Share Posted May 18, 2016 Aussie rate likely to be cut, could go higher. Quote Link to comment Share on other sites More sharing options...
PeepingTom Posted May 19, 2016 Share Posted May 19, 2016 Just touching 2:1 now so looks like I was wrong. Cannot see the reason for this. Wonder if it is a spike in the rate or a continuation of a trend. Th spike was mainly because of a Brexit poll suggesting the REMAIN group are at 55% and LEAVE are at 37%. Quote Link to comment Share on other sites More sharing options...
PeepingTom Posted May 19, 2016 Share Posted May 19, 2016 Th spike was mainly because of a Brexit poll suggesting the REMAIN group are at 55% and LEAVE are at 37%. GBP is steamrolling.. Currently above 2.03 Quote Link to comment Share on other sites More sharing options...
Guest Posted May 19, 2016 Share Posted May 19, 2016 Bremain may take a hit depending on circumstances on this plane incident... Quote Link to comment Share on other sites More sharing options...
Guest Posted October 26, 2016 Share Posted October 26, 2016 1.58!!! Aussie inflation strong Quote Link to comment Share on other sites More sharing options...
Chortlepuss Posted October 26, 2016 Share Posted October 26, 2016 Sterling will continue to dip against the dollar for a few more months. It will rally after I've sold my UK house to release cash and moved cash over. Sorry I can't give exact dates but you can trust me to almost always catch the bottom of the market. Quote Link to comment Share on other sites More sharing options...
newjez Posted October 26, 2016 Share Posted October 26, 2016 Sterling will continue to dip against the dollar for a few more months. It will rally after I've sold my UK house to release cash and moved cash over. Sorry I can't give exact dates but you can trust me to almost always catch the bottom of the market. Aiming for march? Quote Link to comment Share on other sites More sharing options...
Chortlepuss Posted October 26, 2016 Share Posted October 26, 2016 Aiming for march? That'll be about the time - but in seriousness I may move just a little and do it on a staggered basis - can't hit the bottom every time. Or maybe I can? I was hoping that Mrs May may get the Brexit plan together and inject a little confidence... Quote Link to comment Share on other sites More sharing options...
The Pommy Posted October 26, 2016 Share Posted October 26, 2016 That'll be about the time - but in seriousness I may move just a little and do it on a staggered basis - can't hit the bottom every time. Or maybe I can? I was hoping that Mrs May may get the Brexit plan together and inject a little confidence... GBP will fall further. If the UK go for hard Brexit then it will be depressed for years. Quote Link to comment Share on other sites More sharing options...
newjez Posted October 26, 2016 Share Posted October 26, 2016 That'll be about the time - but in seriousness I may move just a little and do it on a staggered basis - can't hit the bottom every time. Or maybe I can? I was hoping that Mrs May may get the Brexit plan together and inject a little confidence... There is a lot of pressure on her to do so. But March may still be a turbulent time. Quote Link to comment Share on other sites More sharing options...
Fisher1 Posted October 26, 2016 Share Posted October 26, 2016 GBP will fall further. If the UK go for hard Brexit then it will be depressed for years. Cheer us up why don't you :-). We are now deciding to move enough money to live on for just one year and then move over enough for a second year when the exchange rate is marginally and so on until someone persuades Trees to either get herself organized or call a general election so that we can vote in a government that has some clue of how to organize things. Quote Link to comment Share on other sites More sharing options...
newjez Posted October 26, 2016 Share Posted October 26, 2016 Who? Quote Link to comment Share on other sites More sharing options...
Fisher1 Posted October 26, 2016 Share Posted October 26, 2016 Who? Aha, well, that's the difficulty. I almost wrote "if such a government is possible" but I thought that was a bit negative..... Quote Link to comment Share on other sites More sharing options...
Chortlepuss Posted October 27, 2016 Share Posted October 27, 2016 I think our only hope is that Theresa crumbles in the face of business opposition and goes for a softer brexit. I'm expecting sterling to tank for a while now although if something happens to cause the AUD to drop we may get a bit of relief. Quote Link to comment Share on other sites More sharing options...
newjez Posted October 27, 2016 Share Posted October 27, 2016 All change after the US election, especially if Hillary wins and they raise rates in December. Could be a nice Christmas present for us all. Quote Link to comment Share on other sites More sharing options...
Fisher1 Posted October 27, 2016 Share Posted October 27, 2016 All change after the US election, especially if Hillary wins and they raise rates in December. Could be a nice Christmas present for us all. Thats what I like to hear ... Nice bit of positive thinking .. Quote Link to comment Share on other sites More sharing options...
Libby Posted October 28, 2016 Share Posted October 28, 2016 We had hoped to transfer over the last of our UK funds to buy a bigger house before the house prices here get so ridiculous that we will be in our little, already overpriced current house for the foreseeable future. Looks like it is either gamble and transfer depending on the US election result's effects on the GBP or just wait it our for a year or two more. I still can't quite understand just how badly the GBP has been affected by "Brexit" even before they actually said they are going ahead to instigate Article 50. I suppose a weaker GBP would be better for setting up trade agreements when it comes down to it.... It's just unbelievable how far it fell considering the GLOBAL financial crisis that hit back in 2008. Anyway, I am no expert on these things. It is just all a bit confusing. Experts do seem to be saying the pound will fall even further but yes, who knows what will happen to the foreign exchange after the US election results... Fingers crossed for the GBP to rally sooner rather than later. Quote Link to comment Share on other sites More sharing options...
Gbye grey sky Posted October 28, 2016 Share Posted October 28, 2016 I cannot imagine the US election result having any impact on the GBP. The best hope is a UK decision to stay in the single market (accepted by the EU) and a rise in UK interest rates. The first is looking very shaky and would wait until 2019 in all probability and the second is unlikely in the foreseeable future too. I, too, would like to exchange my GBP too but am resigned now to wait until 2019 at least. Hope I am wrong and erring on the pessimistic side. Quote Link to comment Share on other sites More sharing options...
newjez Posted October 28, 2016 Share Posted October 28, 2016 I cannot imagine the US election result having any impact on the GBP. The best hope is a UK decision to stay in the single market (accepted by the EU) and a rise in UK interest rates. The first is looking very shaky and would wait until 2019 in all probability and the second is unlikely in the foreseeable future too. I, too, would like to exchange my GBP too but am resigned now to wait until 2019 at least. Hope I am wrong and erring on the pessimistic side. The Nissan deal may help a little. Quote Link to comment Share on other sites More sharing options...
Gbye grey sky Posted October 28, 2016 Share Posted October 28, 2016 The Nissan deal may help a little. Ah, but if the Nissan deal was really indicative of the UK remaining in the single market I would have expected a spike in the GBP today. The markets have ignored it and deemed it an irrelevance. I think you may be clutching at straws - though I wish you were right. Quote Link to comment Share on other sites More sharing options...
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