Riots and the exchange rate

Discussion in 'Motorhome Chat' started by Squire, Aug 10, 2011.

  1. Squire

    Squire Read Only Funster

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    Have you noticed the effect the riots are having on the sterling/euo exchange rate? Just when it was getting better, too ! :Doh:
     
  2. Douglas

    Douglas Read Only Funster

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    at this moment the exchange rate pound/euro is 1.14/0.87 and its been in that range for some time, so I don't understand your post.

    Doug...
     
  3. scotjimland

    scotjimland Funster Life Member

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    evidence ?
     
  4. Squire

    Squire Read Only Funster

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    You're not up to date Douglas.

    The exchange rate as at two minutes ago was 0.885 and heading North.



    On July 7th it had reached a peak of 0.90.

    Since that dated it was steadily heading South until August 5th it reached 0.865 when it did a U turn and rapidly headed North ... and is still doing so
     
  5. Douglas

    Douglas Read Only Funster

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    Where are you getting your info from, mine comes from...........................

    Data provided by Yahoo! Finance
    Conversion Rates accurate as of 09-Aug-2011

    Doug...
     
  6. Squire

    Squire Read Only Funster

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  7. Geo

    Geo Trader - Funster

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    I find it amazing that its due to the civil disorder, there hasnt been a Riot yet to my knowlege:Wink:
    And nothing to do with the financial crisis inthe world as a whole:RollEyes:
    You should see the effect the "Riots" are having on my lawn, im sure its stopped growin
     
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  8. Squire

    Squire Read Only Funster

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    from the the horse's mouth, Doug - live streaming rates.

    See my reply to Jim for the address and have a look yourself ....
     
  9. Douglas

    Douglas Read Only Funster

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    But the chart has a very small range, the whole difference and the chart is 0.006 of a penny.

    Not a lot.

    Doug...
     
  10. Squire

    Squire Read Only Funster

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    Well - it could be a co-incidence, I suppose - a bit like global warming :RollEyes:
     
  11. Squire

    Squire Read Only Funster

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    It's the trend you should be looking at ...

    And you can alter the range of the chart - try playing with it and you'll see.
     
  12. Douglas

    Douglas Read Only Funster

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    The maximim range on the maximim time is £0.01 over 10 days, I still dont see why you think its something of note, Oh! and now its on its way down again.!

    Doug...
     
  13. Squire

    Squire Read Only Funster

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    When I made the original comment, Doug, I didn't realise that I'd have to marry you .... :Rofl1:
     
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  14. CHRI$

    CHRI$ Funster

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    dont panic:Eeek:
    we are in a bullish market at the moment and its up up up:thumb:
     
  15. Geo

    Geo Trader - Funster

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    That comment alone must have put the Euro up 10 centimes:Rofl1::Rofl1:
    Love it
    Geo
     
  16. scotjimland

    scotjimland Funster Life Member

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    I meant evidence of a correlation between the riots and the fall in exchange rate..

    nothing to do with the fall in FT 100 Index ?
     
  17. callumwa

    callumwa Read Only Funster

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    And the US Fed stating they will keep interest rates low for the next couple of years means it is more likely UK interest rates will stay low which will keep the £ lower. And as for all the turmoil on the world financial markets the riots in UK will have virtually nil effect with regards to the £ against the €.
     
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  18. Reallyretired

    Reallyretired Funster

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    Got me worried for a moment, thought you meant euros to the pound rather than pounds to euro. Currently 1.336 (though probably changed by now). Was 1.8 back in March so definitely going the wrong way. However lowest point was beginning of July so probably nothing to do with riots.:thumb:
     
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