The Dollar is on its way Down...

Started by Titsy, August 15, 2007, 07:37:35 AM

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Titsy

The Dollar dropped below $2 to the £ this morning... Currently at 1.988


Giblets


HardRockCamaro


F Body

Quoting: Titsy
The Dollar dropped below $2 to the £ this morning...


Saw it was on the way down last week but hoped it was just a blip


Kenny

looks like buying our honeymoon money 7 months early paid off!

a91_formula

I bought some cash today for our holiday and it was 1.9050!!
1998 Fiero GT (my toy)
2009 Dodge Challenger SRT8 (Hubbys new toy!)

http://www.solent-renegades.co.uk

EDGE

Quoting: Kenny
looks like buying our honeymoon money 7 months early paid off!


yep, i bought mine for my honeymoon a few weeks ago... HAPPY DAYS

Roadkill

Bugger . . . . I should've ordered the air ride when I had the chance.

EDGE

you still have...act now before its too late !!!

F Body

Quoting: EDGE
you still have...act now before its too late !!!


Indeedy - The FT are thinking 1.90 is just round the corner and if the markets  still drop it could go lower in the next few weeks

F Body

Down another 0.00430 this morning to 1.98180, doesn't look like the £ alone is gonna save it

Fieldy

I don't have A clue how this stuff works, all I know is whenever we get Yanks at work buying stuff they ask how much it will be in $'s, so I tell them, they nearly faint as our conversion is still at 2.3!

F Body

Quoting: Fieldy
I don't have A clue how this stuff works,


Basically what ever the ANALists say happens

Couple of weeks ago they start saying that they are worried about the US Home Loan default rate, this in turn stopped smaller investors who may have put money into the system, then because of this the big investors stop putting money and hey presto we get a major slump

So they spent months talking the Dollar up which worked and a few weeks talking about a crash which worked

Basically it's all bullshit, but guess who suffers in the end .............

Yep Jo public