plazze Posted January 12, 2011 Share Posted January 12, 2011 will the floods efect the exchange rate Link to comment Share on other sites More sharing options...
deb8181 Posted January 12, 2011 Share Posted January 12, 2011 I think that is the least of our worries dont you??? :sad: Link to comment Share on other sites More sharing options...
louise28 Posted January 12, 2011 Share Posted January 12, 2011 They do appear to be devaluing the dollar. I find it particularly sad that I will end up potentially getting a better rate due to peoples suffering and this huge disaster.. I would so much rather it was due to the normal government cock ups/The UK improving etc than this reason by a long shot. I find it very hard to think, 'yes! the exchange is improving' when so much devastation is happening Link to comment Share on other sites More sharing options...
Guest Stevebel Posted January 12, 2011 Share Posted January 12, 2011 >I think that is the least of our worries dont you??? Nobody suggested otherwise. It's a perfectly valid question for this forum. Link to comment Share on other sites More sharing options...
Dawny Posted January 12, 2011 Share Posted January 12, 2011 Perfectly valid question, as im sure many people are thinking the same thing, but are worried about posting such a question at this difficult time for fear of being beaten down!! There are many posters on PIO that have loved ones and friends that are suffering through these horrendous floods and may well think your question is a little selfish! But Who knows what will happen regarding the exchange rate, just guess you will have to sit back and wait and see and watch to see how it changes over the next days, weeks or months, whilst spending some time thinking about all the people caught up in the QLD floods Remain safe! Link to comment Share on other sites More sharing options...
Guest Bobby Posted January 12, 2011 Share Posted January 12, 2011 Good question and only time will tell, I honestly think we have reached the bottom and the exchange rate will improve for people going to Oz. Link to comment Share on other sites More sharing options...
Guest guest32776 Posted January 12, 2011 Share Posted January 12, 2011 The pound is improving, to some extent, on the possibility that interest rates will go up at the Bank of England meeting tonight to curb inflation. It's not only improving against the aussie dollar but across the board Link to comment Share on other sites More sharing options...
Guest PureFX Posted January 13, 2011 Share Posted January 13, 2011 The strong unemployment data from Oz released earlier today could put the AUS up against the British pound. In addition I don't think it's likely the Bank of England will raise interest rates. Too much risk that it'd slow down the UK recovery. Link to comment Share on other sites More sharing options...
Guest guest32776 Posted January 13, 2011 Share Posted January 13, 2011 It is probable we have seen the bottom of sterling now as the market seems to be pricing in a reluctant interest rate rise for the third quarter 2011. Fingers crossed for all you 'exchangers' ! Link to comment Share on other sites More sharing options...
pablo Posted January 14, 2011 Share Posted January 14, 2011 Personally ive given up worrying about it,cba anymore,wont go back to $2 to £,so balls to it,someone buy our hse!:arghh: Link to comment Share on other sites More sharing options...
Guest shark Posted January 14, 2011 Share Posted January 14, 2011 Personally ive given up worrying about it,cba anymore,wont go back to $2 to £,so balls to it,someone buy our hse!:arghh: ill give you a fiver for it Link to comment Share on other sites More sharing options...
pablo Posted January 14, 2011 Share Posted January 14, 2011 ill give you a fiver for it And a half sucked gobstopper? Link to comment Share on other sites More sharing options...
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