USD/GBP exchange rate: what's coming up?

[sublimatica]

Would appreciate any qualified predictions on the USD exchange rate over the next couple of months if anybody feels so inclined please.

(Need to buy some parts for the Vette.)

Have searched this site and Google and haven't found anything useful yet...

[Zod]

If any of us knew, we could make a fortune.

Until Labour is gone though, there's no reason to expect sterling to appreciate against anything but the Zim dollar.

[audidoody]

The £ will drop against the $ by another 10 per cent. Nothing surer. Buy $'s NOW.

[cjs]

I predict near $1.5 to £1 by the end of the year. A new US president will boost dollar value, a crap UK PM will drop the value of the pound.


Just to add... I earn USD and live in the UK, I'm just hoping my prediction is correct!

[amir_j]

slightly off topic but what about GBP and CHF? as working away and trying to guess best time to transfer across

[sublimatica]

Thank you all. Well, most of you.

cjs said:

I predict near $1.5 to £1 by the end of the year. A new US president will boost dollar value, a crap UK PM will drop the value of the pound.

Damn.

Mind you, I can find other commentators on ft.com that suggest that the US housing market might have bottomed and that the US Govt.'s shoring-up of the financial institutions will signal a return to the safety of property investments and a consequent re-weakening of the dollar.

[King Herald]

cjs said:

I predict near $1.5 to £1 by the end of the year. A new US president will boost dollar value, a crap UK PM will drop the value of the pound.


Just to add... I earn USD and live in the UK, I'm just hoping my prediction is correct!

That makes two of us. Bring it on

[uk_vette]

Well, to think it was $2.03 not too long ago.
Now look where it is, and where it's heading

Well, I would expect it it to drop to $1.60 and no more.

It's not just the fact the $ is gaining strength, it's also that the £ is becoming more unstable.
When a currency becomes unstable, no one wants it. Cue ZIM $

Let's just say, I am glad my wages are paid in Norwegian NOK !

Just 3 months ago, I had to give over NOK10 for a £1.00
Now as far as I am concerned, the £ is heading in the "right " direction

[Fittster]

It's a race to the bottom, just difficult to know which one will get there first.

[audidoody]

mickken said:

audidoody said:

The £ will drop against the $ by another 10 per cent. Nothing surer. Buy $'s NOW.

I assume you are a multi-Billionaire.

I was - until I lost it all after betting the lot on a tip by some bloke I never heard of on an internet forum.

[phumy]

King Herald said:

cjs said:

I predict near $1.5 to £1 by the end of the year. A new US president will boost dollar value, a crap UK PM will drop the value of the pound.


Just to add... I earn USD and live in the UK, I'm just hoping my prediction is correct!

That makes two of us. Bring it on

3 now, i keep getting daily salary increases because of the exchange rate, its great

[Bing o]

Heading back up today on the back of the continuity financial crisis in the US.

[phumy]

Yes, i just looked at xe.com and noticed its back to 1.80/gbp, bks. Never mind its still better than it was a couple of weeks ago, as long as it doesnt go back to 2/gbp

[BB-Q]

phumy said:

Yes, i just looked at xe.com and noticed its back to 1.80/gbp, bks. Never mind its still better than it was a couple of weeks ago, as long as it doesnt go back to 2/gbp

Well, I'm hoping it does go back to $2/£1. Sorry guys.

I'm having some custom engine parts made so the exchange rate affects the price I pay. Oh, and I'm currently broke due to taking advantage of all that easy money

[uk_vette]

BB-Q said:

phumy said:

Yes, i just looked at xe.com and noticed its back to 1.80/gbp, bks. Never mind its still better than it was a couple of weeks ago, as long as it doesnt go back to 2/gbp

Well, I'm hoping it does go back to $2/£1. Sorry guys.

I'm having some custom engine parts made so the exchange rate affects the price I pay. Oh, and I'm currently broke due to taking advantage of all that easy money

.
.
Yup,

here too.

[shadowninja]

I watch the charts every day. In answer to the question: NFI.

[AMCDan]

sublimatica said:

Would appreciate any qualified predictions on the USD exchange rate over the next couple of months if anybody feels so inclined please.

(Need to buy some parts for the Vette.)

Have searched this site and Google and haven't found anything useful yet...

i just bought some bits from summit and $330 was £200

balls.

[King Herald]

AMCDan said:

sublimatica said:

Would appreciate any qualified predictions on the USD exchange rate over the next couple of months if anybody feels so inclined please.

(Need to buy some parts for the Vette.)

Have searched this site and Google and haven't found anything useful yet...

i just bought some bits from summit and $330 was £200

balls.

They appear to have skewed the figures in their favour. That equates to about $1.65 to the English dingbat.

Now if only my next pay cheque were exchanged at that fair rate..... ;D

[sublimatica]

AMCDan said:

i just bought some bits from summit and $330 was £200

balls.

[AMCDan]

yeah... the way i always look at it is that the price in $ = price in £. By the time you pay their handling, shipping, then tax & duty.. but i was usually pleasantly surprised. Unfortunately this time i was almost exactly right.