The pound sterling holiday period is over.

[TITAN1833]

Not so long ago the pound was doing very well,

but not no more it has plumeted from $1.97 to "today" $1.76 wow only yesterday it was $1.84 when I checked :thinking: is this a warning?
I think so,
the euro on the other hand is increasing as a global currency and is expected to over take the dollar,what do you think?
[edited] BTW HSBC BANK predicted the $1.76 rate in janurary,but said it would hit this rate within 15 months.

 

[jezzyp]

Yes its the lowest its been for years. My credit card is rate is 1.72$ to the £.
My last few purchases were at $2 a few months ago!

Guess I won't be buying much stuff at the moment.

 

[TITAN1833]

Yes its the lowest its been for years. My credit card is rate is 1.72$ to the £.
My last few purchases were at $2 a few months ago!

Guess I won't be buying much stuff at the moment.

you and me both lol

 

[Tempest UK]

Curses.

Here's hoping for a sudden revival before I lay down the $$$ for the UA2/UB2/T1A/Saint etc.

Regards,
Tempest

 

[Thujone]

hmm.. Orb lights are going down in cost you say?

 

[TITAN1833]

Curses.

Here's hoping for a sudden revival before I lay down the $$$ for the UA2/UB2/T1A/Saint etc.

Regards,
Tempest

we wish,but I don't think this will happen any time soon,we will just have to ride the storm hgeez

 

[TITAN1833]

hmm.. Orb lights are going down in cost you say?

Put it that way.".hmmmm" yes for you:twothumbs

 

[Essexman]

hmm.. Orb lights are going down in cost you say?

You really know how to hit a man when he's down don't you?

Yep, the good times are over, but at least the PM has removed stamp duty on houses under £175,000 today:twothumbs.

Oh hang on,:mecry: there are no houses under £175,000 , well not round here anyway.

 

[TITAN1833]

Like I said the Euro is on the up,maybe light at the end of the tunnel we will see:candle:

 

[cave dave]

Great news, maybe I can afford Brooks saddles again.
:nana:

 

[LuxLuthor]

The oil speculators are dumping, and shifting to currency markets. It's shifting one artificial speculative bubble for another. They make their money on the straddle position.

The traded commodity/currency suffers while they play their games....with the object being to manipulate a market and make money on an item going up and down.

 

[Steve K]

Great news, maybe I can afford Brooks saddles again.
:nana:

I had similar thoughts, but it was for Carradice seat bags and for McVities biscuits. Fortunately, I've got a small stash of Brooks saddles that were produced 6 or 7 years ago. Anyone looking for a shiny new B.17 Champion Flyer?

cheers,
Steve
in rainy Illinois

 

[TONY M]

Not so long ago the pound was doing very well,

Not very long ago at all. Just goes to show what can happen when the chancellor decides to open his mouth...

 

[TONY M]

Great news, maybe I can afford Brooks saddles again.
:nana:

Just get a Fizik arione. :nana: Much easier on the cheeks.