| M1Fanboy | 12 Jul 2016 9:56 a.m. PST |
Has anyone taken a look at the Euro today? If I am reading xe.com right..it's 0.9 to the dollar…. Might be a good time to get ALL those Euro goodies you have wanted? |
| Schogun | 12 Jul 2016 10:15 a.m. PST |
1.00 GBP = 1.32706 USD at this moment. |
| Mako11 | 12 Jul 2016 10:41 a.m. PST |
Hmmm, was $1.29 USD – $1.30 USD per GBP, last night. Last I saw was $1.11 USD for the Euro. Not to worry, a minor bounce, since rumors are the UK will be easing interest rates later this Summer, whioh should make the dollar stronger relative to the Pound. |
| Dennis | 12 Jul 2016 10:54 a.m. PST |
Fanboy; You're reading the conversion table correctly, but for me the better way to view the conversion rate is to ask what it costs in Dollars to buy one Euro inasmuch as I have Dollars and want to buy things priced in Euros. It will cost about $1.11 USD to buy one Euro's worth of goods. That's not a bad rate, but that's been the approximate conversion rate, within $0.05 USD, for most of this year. |
| Jcfrog | 12 Jul 2016 11:22 a.m. PST |
Euro should fall. All the conditions are there.
Mind me the $ should not be better. Debts, artificial,money…. |
| ataulfo | 12 Jul 2016 11:37 a.m. PST |
Goldman Sachs and FMI… not forgetting Eurobank… each side of the pond… |
| Winston Smith | 12 Jul 2016 12:18 p.m. PST |
I think it's safe to say that EVERY currency is in dire straits. Just buy what you want and hope for the best. "Experts" are 90% wrong all the time so taking advice is pointless.
Follow your own political ideology agenda, and at least you will feel righteous when it all goes BOOM. |
 Bobgnar  | 12 Jul 2016 12:40 p.m. PST |
If you're interested in making money on currency exchange then you should buy the Yuan. Once China starts to collect the US debt that's been run up over the past few years the dollar is really going to decline. |
| alexjones | 12 Jul 2016 12:55 p.m. PST |
I agree with all of the above – time to start burying tins of food in the garden!! |
| VVV reply | 12 Jul 2016 2:01 p.m. PST |
Oh yes pound has crashed against dollar and euro and who knows probably other currencies as well. |
| GarrisonMiniatures | 12 Jul 2016 2:19 p.m. PST |
Actually last few days pound has been slowly but steadily climbing against the euro. Seems to about 1.20 at the moment. |
| Shagnasty | 12 Jul 2016 5:42 p.m. PST |
I ditto First Brigade. If you live in the US add guns and ammo. |
| Martin Rapier | 13 Jul 2016 3:42 a.m. PST |
Just the inevitable results of floating currency exchange rates and vast amounts of hot capital sloshing around the global financial system. The 'good old says' of fixed exchange rates were far worse – just look at Greece or any of the other weaker Eurozone economies. Deflating out of existance. |
| Mute Bystander | 13 Jul 2016 3:53 a.m. PST |
Anything beyond a handgun, a rifle and a shotgun (per trained adult/youth) is an expensive excess. Add different calibers and it becomes logistical "work" at best. Most people survive disaster as communities, not individuals. Food storage? You are sharing with friends and neighbors if it comes to a total collapse, best be voluntarily. |
| Mako11 | 13 Jul 2016 6:48 a.m. PST |
Heard Cameron is resigning today, and a lady PM is to be installed. Also, immediately heard she may not be able to hold a coalition together, so……… If that is true, could be interesting in the currency markets in the coming days/weeks. |
| Bellbottom | 13 Jul 2016 10:00 a.m. PST |
Mako, she doesn't need a coalition, her party have a majority |
| Mako11 | 13 Jul 2016 7:36 p.m. PST |
Today, but speculation by the talking heads on TV was that she might not, soon. Don't know anything about the situation over there, politically, so am at their mercy to analyze the situation correctly. |
| Jefthing | 16 Jul 2016 7:56 a.m. PST |
I doubt it's their heads talking. Conservatives have a working majority of 16 seats which, by-elections in Tory seats notwithstanding, will stay until the election. |
