The Camel
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« on: January 09, 2007, 12:09:20 AM » |
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Anyone have any guesses which way the $$$ is going to go in the next few months?
Seems to be very low at the moment... Would you keep dollars right now?
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Congratulations to the 2012 League Champion - Stapleton Atheists
"Keith The Camel, a true champion!" - Brent Horner 30th December 2012
"I dont think you're a wanker Keith" David Nicholson 4th March 2013
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bobby1
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« Reply #1 on: January 09, 2007, 12:11:57 AM » |
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I don't know the answer Keith but I was shocked to see how poor the exchange rate was at the moment, any tips on withdrawing or keeping the roll online would be most welcome.
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“The two most important days in your life are the day you are born and the day you find out why.”
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WellChief
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« Reply #2 on: January 09, 2007, 12:18:17 AM » |
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If we knew this we could get rich quick on the exchange markets.
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The Camel
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« Reply #3 on: January 09, 2007, 12:22:28 AM » |
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If we knew this we could get rich quick on the exchange markets.
Thanks for stating the bleedin' obvious. Next time I need to know what the day of the week is I'll pm you. I specifically asked if anyone had any guesses which way the dollar would go.... "guesses" being the key word. Totalise and Tight End for two might give more interesting and illuminating answers than you did.
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Congratulations to the 2012 League Champion - Stapleton Atheists
"Keith The Camel, a true champion!" - Brent Horner 30th December 2012
"I dont think you're a wanker Keith" David Nicholson 4th March 2013
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Colchester Kev
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« Reply #4 on: January 09, 2007, 12:23:41 AM » |
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If we knew this we could get rich quick on the exchange markets.
Thanks for stating the bleedin' obvious. Next time I need to know what the day of the week is I'll pm you. I specifically asked if anyone had any guesses which way the dollar would go.... "guesses" being the key word. Totalise and Tight End for two might give more interesting and illuminating answers than you did. Time of the month Keith ??
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bobby1
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« Reply #5 on: January 09, 2007, 12:24:34 AM » |
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If we knew this we could get rich quick on the exchange markets.
There is a certain 'Betfair forum' feel to that reply. Do you post on there Chief?
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“The two most important days in your life are the day you are born and the day you find out why.”
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thetank
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« Reply #6 on: January 09, 2007, 12:36:32 AM » |
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I think it'll hold steady for a while. Then lose about 5-15% of it's value towards the end of this year.
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For super fun to exist, well defined parameters must exist for the super fun to exist within.
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thetank
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« Reply #7 on: January 09, 2007, 12:47:49 AM » |
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I would like to when we're all going to be playing in Euros.
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For super fun to exist, well defined parameters must exist for the super fun to exist within.
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RED-DOG
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« Reply #8 on: January 09, 2007, 01:39:03 AM » |
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I would like to when we're all going to be playing in Euros.
I usually play in skivvies.
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The older I get, the better I was.
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Gryff
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« Reply #9 on: January 09, 2007, 01:48:26 AM » |
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Look at the value of the dollar over the last thirty years, its heading in the same direction its been heading for a long time - down.
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SupaMonkey
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« Reply #10 on: January 09, 2007, 02:28:59 AM » |
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To me it looks like it's going to hold steady for around 3 months and then there will probably be another jump. The euro is set to gain in strength but the future direction of the pound against the euro is tricky. There has been a general uptrend over the last year but the new year is when a lot of big businesses etc. dump their holdings to get money in the bank to get their books to look good. Often the new year is the time for a change of directions (i.e. the big businesses buy currency again after they have reported) but i fully expect the euro to get stronger against the dollar. The pound is likely to follow suit but i'm not sure to what extent.
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totalise
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« Reply #11 on: January 09, 2007, 06:16:31 AM » |
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E-mail from friend who works at barclays cap..
"short term the market looks to have under priced in the probability of a rake hike by the BoE on Thurs, so GBP likely to rise up to and probably beyond, long term $$ seems strong, re-appraisal of US market and chance of zero rate hikes for 6 months has seen a lot of interest in the $$ especially in the options market, if I was trading now I'd buy GBP with tight stops and look to enter short position around 1.97"
basically he thinks over coming months the $ will get stronger.
take this for what its worth
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MadYank
Rezident Farang (Yank Flavour)
Full Member
 
Offline
Posts: 272
Sawat Di Khrap!
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« Reply #12 on: January 09, 2007, 09:22:36 AM » |
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Anyone have any guesses which way the $$$ is going to go in the next few months?
Seems to be very low at the moment... Would you keep dollars right now?
CHINA CHINA CHINA! Depends how trade Negotiations with CHINA go. PS If I wanted the best informed $$ opinion I'd goto Peter Birks. (He has a blog) http://peterbirks.livejournal.com/
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M3boy
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« Reply #13 on: January 09, 2007, 09:26:02 AM » |
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Thanks for that.
With a client of mine with in excess of $1mill , the dollar rate is fairly high up on their agenda!!
Oh for the good old days of $1.70
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« Last Edit: January 09, 2007, 09:35:39 AM by M3boy »
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MadYank
Rezident Farang (Yank Flavour)
Full Member
 
Offline
Posts: 272
Sawat Di Khrap!
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« Reply #14 on: January 09, 2007, 09:34:00 AM » |
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"short term the market looks to have under priced in the probability of a rake hike by the BoE on Thurs, so GBP likely to rise up to and probably beyond, long term $$ seems strong, re-appraisal of US market and chance of zero rate hikes for 6 months has seen a lot of interest in the $$ especially in the options market, if I was trading now I'd buy GBP with tight stops and look to enter short position around 1.97"
LOL I read that, but all I saw was "irluhgrwguheufhwhudhvkSCXCC€€$OSHGHSDLVNWNEEN$€"
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