| Author |  Topic  |
Katys Grandad
United Kingdom
2233 Posts
Joined: 11 Oct 2004
Status: offline |  Posted - 30 Mar 2009 : 08:44:17  
| quote:
Originally posted by blott
quote:
Originally posted by Katys Grandad
Starting the week down - around $1.41 so below $1.40 at the FX shops. The site in the above post is offering $1.49 for June delivery. That seems quite good considering June is only a few weeks off now.
14 June 2009, the date from which they're offering 1.49, is 10.8 weeks away so maybe the rate's higher because they require payment within four days, no matter for which dates you've ordered?
Of course that's the rub here but these days your money isn't earning anything in the bank so no real loss of interest in the interim period. The real worry is whether this outfit are still going to be there when it comes time to hand over your currency. Even so, it's been quite a while since you could get anything close to $1.49 from a retail outlet.
I suppose we should always add that we aren't offering financial advice here and aren't qualified to do so. We should each asses the risks to us before going ahead. |
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Robert5988
United Kingdom
1871 Posts
Joined: 15 Apr 2004
Status: offline | Posted - 30 Mar 2009 : 10:28:34
| quote:
I suppose we should always add that we aren't offering financial advice here and aren't qualified to do so. We should each asses the risks to us before going ahead.
Amen!
We should listen to the 'experts' in the newspapers. I was reading an old cutting recently in which they stated that HBOS was well undervalued at £9 a share - voted a 'strong buy'!
Personally I would never buy currency ahead unless I was absolutely certain the my money was 100% safe. |
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BIGEYE
 182 Posts
Joined: 28 Jul 2008
Status: offline | Posted - 30 Mar 2009 : 10:44:46
| | See my posting on pg2 31 Aug 2008, so much for experts! |
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Katys Grandad
United Kingdom
2233 Posts
Joined: 11 Oct 2004
Status: offline | Posted - 30 Mar 2009 : 11:15:18
| quote:
Originally posted by BIGEYE
See my posting on pg2 31 Aug 2008, so much for experts!
I suspect that Robert's advice was somewhat tongue in cheek!
If anybody has any real idea where it's going (which I doubt), by the time the mere mortals such as us become aware it's much too late. |
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BIGEYE
182 Posts
Joined: 28 Jul 2008
Status: offline | Posted - 30 Mar 2009 : 11:24:00
| | The UK is on the brink of bankruptcy. Too much debt, no industry, the only exports we have is to farm out customer service call centres. I think that the G20 summit will identify the UK as the country with the largest debt outside the third world countries. |
Edited by - BIGEYE on 30 Mar 2009 18:20:37 |
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FraserLynn
China
408 Posts
Joined: 09 Jan 2005
Status: offline | Posted - 02 Apr 2009 : 09:23:00
| The exchange rate seems to be making a bit of a recovery, great news for all of you who are there for Easter ....long may it continue. |
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Katys Grandad
United Kingdom
2233 Posts
Joined: 11 Oct 2004
Status: offline | Posted - 02 Apr 2009 : 09:46:05
| quote:
Originally posted by FraserLynn
The exchange rate seems to be making a bit of a recovery, great news for all of you who are there for Easter....long may it continue.
Indeed, it's been a while now since we last fell below $1.40. (In fact I think the lowest levels coincided with your recent trip Fraser)
Just over $1.45 this morning which is a rise of about 4 cents since Monday but just below the best of last week's levels. It seems to be holding a range between $1.41-1.47 at the moment. Be nice to reach $1.50 which always looks a lot better then $1.49!
EDIT - Up over 2 cents since this morning - almost $1.47 this lunchtime.
Retail rates will, as ever, be 3 or 4 cents lower than these. |
Edited by - Katys Grandad on 02 Apr 2009 12:11:35 |
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FraserLynn
China
408 Posts
Joined: 09 Jan 2005
Status: offline | Posted - 02 Apr 2009 : 10:03:48
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Indeed, it's been a while now since we last fell below $1.40. (In fact I think the lowest levels coincided with your recent trip Fraser)
That's just my luck! |
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Katys Grandad
United Kingdom
2233 Posts
Joined: 11 Oct 2004
Status: offline | Posted - 02 Apr 2009 : 10:11:29
| quote:
Originally posted by FraserLynn
Indeed, it's been a while now since we last fell below $1.40. (In fact I think the lowest levels coincided with your recent trip Fraser)
That's just my luck!
I think you're now under a duty to us all to give full notice of the dates of any future trips . |
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BIGEYE
182 Posts
Joined: 28 Jul 2008
Status: offline | Posted - 02 Apr 2009 : 15:37:44
| | Just for info. I travelled down to LHR on Tuesday and the airport xchange rate (before commission) was $1.33. I travelled back yesterday and the rate had gone up to $1.34. I know that there are no subscribers to this forum daft enough to use the airport to exchange currency...but maybe, just maybe! |
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Pudders
194 Posts
Joined: 11 Apr 2007
Status: offline | Posted - 02 Apr 2009 : 17:18:03
| Travelex are offering 1.40 (as of 2nd April) online which you can reserve at any of their branches for collection.
Dollar seems to be slightly going up today!! |
Clayton, Pippa & Heather |
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Katys Grandad
United Kingdom
2233 Posts
Joined: 11 Oct 2004
Status: offline | Posted - 06 Apr 2009 : 16:15:22
| | ALMOST hit $1.50 today before falling away to under $1.48. Still, fairly encouraging that these sorts of levels are being sustained at the moment. |
Edited by - Katys Grandad on 07 Apr 2009 07:00:13 |
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Madabouttigger
 United Kingdom
1291 Posts
Joined: 02 Jun 2003
Status: offline | Posted - 06 Apr 2009 : 20:35:25
| Of course it's going to go back up - I'm back!!
Diane |
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FraserLynn
China
408 Posts
Joined: 09 Jan 2005
Status: offline | Posted - 06 Apr 2009 : 21:22:58
| quote:
Originally posted by Madabouttigger
Of course it's going to go back up - I'm back!!
Diane
I know that feeling |
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steph_goodrum
 United Kingdom
8259 Posts
Joined: 12 Feb 2002
Status: online | |
SeanT
71 Posts
Joined: 29 May 2008
Status: offline | Posted - 07 Apr 2009 : 13:05:51
| quote:
Originally posted by steph_goodrum
It was 1.40 in the Post office today for under £500 but 1.43 for over £500 and 1.44 for travellers checks.
Is this standard across all Post Offices? I just look online and I've never noticed any difference for the amount you want to buy? or is it instore only?
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steph_goodrum
United Kingdom
8259 Posts
Joined: 12 Feb 2002
Status: online | Posted - 07 Apr 2009 : 13:50:14
| Not sure Sean, I noticed it when I was at Bluewater yesterday on their board. Don't know what their rate is doing today but phoned First Choice and theirs has dropped slightly from 1.44 to 1.42 for either cash or TC so would assume the PO will be around the same.
I do know most of the travel agents I've asked recently have said there is a different rate for differing amounts. |
Babblin Boo
http://www.orlandovillas.com/villas/92.aspx
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SeanT
71 Posts
Joined: 29 May 2008
Status: offline | Posted - 08 Apr 2009 : 10:50:40
| quote:
Originally posted by steph_goodrum
Not sure Sean, I noticed it when I was at Bluewater yesterday on their board. Don't know what their rate is doing today but phoned First Choice and theirs has dropped slightly from 1.44 to 1.42 for either cash or TC so would assume the PO will be around the same.
I do know most of the travel agents I've asked recently have said there is a different rate for differing amounts.
Thanks for that, always worth knowing ways to get any extra cash. |
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steph_goodrum
United Kingdom
8259 Posts
Joined: 12 Feb 2002
Status: online | Posted - 08 Apr 2009 : 12:45:27
| Sean
I realised last night that it wasn't the PO in Bluewater but in WHSmiths. I only remembered as Ii was thinking later and realised there isn't a Post Office but the sign is very similar to one I pass most days which is what misled me. Am just going to check what it is doins today. |
Babblin Boo
http://www.orlandovillas.com/villas/92.aspx
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SDJ
 United Kingdom
2515 Posts
Joined: 16 Nov 2005
Status: offline | |
| Topic | |
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What's Going on with the Dollar rate???
