Dirua

Started by drici, July 01, 2016, 09:50:09 AM

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omaghjoe

Whats next Thursday?

armaghniac

Sterling suddenly  went up.  Why?
If at first you don't succeed, then goto Plan B

drici


Rois

Quote from: omaghjoe on July 29, 2016, 05:44:46 PM
Whats next Thursday?
Bank of England decision on interest rate.

Heading to the states in a few weeks - holding off on currency purchase til Thurs in the hope that a miracle happens.

drici


drici


drici


drici


drici


drici


drici


bennydorano

Wondering why the mini rally? Interest rates certainty to go down, poor economic data following one after another. Casino economics in the currency markets?

Rois

Quote from: bennydorano on August 03, 2016, 05:09:52 PM
Wondering why the mini rally? Interest rates certainty to go down, poor economic data following one after another. Casino economics in the currency markets?
I'm following the stories on www.poundsterlinglive.com
The rally appears to be a market mechanics thing around traders reducing exposure to the pound, as opposed to general economic sentiment and is a short term thing.


Milltown Row2

Quote from: bennydorano on August 03, 2016, 05:09:52 PM
Wondering why the mini rally? Interest rates certainty to go down, poor economic data following one after another. Casino economics in the currency markets?

Should I buy my Euros now? Spain on Wednesday so might be best deal?
None of us are getting out of here alive, so please stop treating yourself like an after thought. Ea

Rois

Where are you buying them from? I'd get them in the morn but even if rates fall after tomorrow's announcement, the market will have priced it in so there might be a short term fall but shouldn't fundamentally change.