What the hell!!!

seanlyall · Post by **seanlyall** » Tue 2nd Mar 2010 11:15 pm

I just went onto the chequecentre website and found that the Euro has plummeted down to 1.06 for a pound

Last week it was at 1.12 and I put off buying them then thinking that it wouldnt move too much.

Anyone know whats going on at the moment thats causing this and if it's likely to have as big a move back up in the next week?

Boner · Post by **Boner** » Tue 2nd Mar 2010 11:18 pm

It's plummetted because of the threat of a hung parliment, it's been on the news most of today, we're thinking of buying some now as it's got a good chance of dropping even more.

seanlyall · Post by **seanlyall** » Tue 2nd Mar 2010 11:22 pm

Cheers man, I might have to get them in tomorrow then.

Never thought that a hung parliment effected our currency like this

.

Thanks for the info Boner, I must say you are like a father figure on this forum haha.

Kermit · Post by **Kermit** » Tue 2nd Mar 2010 11:27 pm

It will only get worse, I got 1.11 a couple of weeks back at tesco (Clubcard points aswell). Dreading what its going to be come 420

Boner · Post by **Boner** » Tue 2nd Mar 2010 11:30 pm

seanlyall wrote:Cheers man, I might have to get them in tomorrow then.

Never thought that a hung parliment effected our currency like this .

Thanks for the info Boner, I must say you are like a father figure on this forum haha.

No worries, are you saying I'm an old fart?

Twichaldinho · Post by **Twichaldinho** » Wed 3rd Mar 2010 01:04 am

Kermit wrote:It will only get worse, I got 1.11 a couple of weeks back at tesco (Clubcard points aswell). Dreading what its going to be come 420

Changed 500 just last week, got 550

. I thought it was shit at the time, looks like I got a good deal now

Ingwey Gooblebogger · Wed 3rd Mar 2010 05:57 am

No worries, are you saying I'm an old fart?

Would it be any better if he dropped the "old" from that?

Kermit · Post by **Kermit** » Wed 3rd Mar 2010 09:46 am

Twichaldinho wrote:
Kermit wrote:It will only get worse, I got 1.11 a couple of weeks back at tesco (Clubcard points aswell). Dreading what its going to be come 420
Changed 500 just last week, got 550 . I thought it was shit at the time, looks like I got a good deal now

Thats what i got last trip and i had a E10 left from christmas.

Deffo think i will have to pop out soon to grab at least half of what i need.

Anyone used them pre order sites, where you get a better rate for buying in advance?

spidergawd · Post by **spidergawd** » Wed 3rd Mar 2010 02:49 pm

Quick guys it may be worse than you expected, the euro has now bounced 'cos they think the Greeks are getting their stuff together.

Boner · Post by **Boner** » Wed 3rd Mar 2010 02:55 pm

I thought it had crept up a bit since yesterday, 1.07 @ the PO and 1.10 @ xe.com

stgallentexan · Post by **stgallentexan** » Wed 3rd Mar 2010 03:39 pm

Boner is right.

The mkt is starting to price in the possibility of a Labour victory or hung parliement = no budget cuts.

also, traders worry that if Pru wants to acquire AIA, then they will need to sell sterling to fund the deal.

Ghost · Post by **Ghost** » Wed 3rd Mar 2010 04:39 pm

Around 1.09 at the moment, was up to 1.12 last week at one point.

I used CentreGold before and the rate was better, but haven't used this for quite some time, may be worth checking out though.

Pray its gonna go up, f...ing rate been shite for years now, not like when it first came out, was getting 1.28+.

seanlyall · Post by **seanlyall** » Wed 3rd Mar 2010 10:25 pm

Got mine today at 1.068 which is kinda gash but I wasnt taking the chance that it would fall even more.

Trad · Post by **Trad** » Thu 4th Mar 2010 03:04 am

It's having the opposite effect here.

I paid $811can for 500euro last Dec. and can now get the same 500euro for $706can. It is a good time for us to book hotels/apartments.

bishy69 · Post by **bishy69** » Thu 4th Mar 2010 06:55 pm

i just hope to fuk .. its good by beginning of april as i aint got a penny til then >>>