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Dollar at 26-year low vs. pound



 
 
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  #1  
Old July 4th, 2007, 08:54 PM posted to rec.travel.europe
Viking
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Posts: 405
Default Dollar at 26-year low vs. pound


http://money.cnn.com/2007/07/04/mark...ion=2007070411

More than $2 to the pound.
  #2  
Old July 4th, 2007, 09:56 PM posted to rec.travel.europe
Doesn't Frequently Mop
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Posts: 1,264
Default Dollar at 26-year low vs. pound

Make credence recognised that on Wed, 04 Jul 2007 15:54:09 -0400,
Viking has scripted:


http://money.cnn.com/2007/07/04/mark...ion=2007070411

More than $2 to the pound.


Good for the economy they'll say, even if everything's made in China!
--
---
DFM - http://www.deepfriedmars.com
---
--
  #3  
Old July 5th, 2007, 03:40 PM posted to rec.travel.europe
Viking
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Posts: 405
Default Dollar at 26-year low vs. pound

On Wed, 04 Jul 2007 22:56:53 +0200, Doesn't Frequently Mop
wrote:

Make credence recognised that on Wed, 04 Jul 2007 15:54:09 -0400,
Viking has scripted:


http://money.cnn.com/2007/07/04/mark...ion=2007070411

More than $2 to the pound.


Good for the economy they'll say, even if everything's made in China!


That's right. And the US peso drops yet more...

It appears to be the only solution the US has to the trade imbalance.
Bodes very ill for the future.

  #4  
Old July 5th, 2007, 05:43 PM posted to rec.travel.europe
EvelynVogtGamble(Divamanque)
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Posts: 2,816
Default Dollar at 26-year low vs. pound



Viking wrote:

http://money.cnn.com/2007/07/04/mark...ion=2007070411

More than $2 to the pound.


But still $1.359 to the euro, as it has been for several
weeks, now. Perhaps what you're saying is that the GBP
stronger than it has been?
  #5  
Old July 5th, 2007, 05:51 PM posted to rec.travel.europe
Iceman
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Posts: 877
Default Dollar at 26-year low vs. pound

On Jul 5, 12:43 pm, "EvelynVogtGamble(Divamanque)"
wrote:
Viking wrote:
http://money.cnn.com/2007/07/04/mark...x.reut/index.h...


More than $2 to the pound.


But still $1.359 to the euro, as it has been for several
weeks, now. Perhaps what you're saying is that the GBP
stronger than it has been?



Over the last few years, the dollar has really slid against both the
pound and the euro.

  #6  
Old July 5th, 2007, 05:54 PM posted to rec.travel.europe
The Reid[_4_]
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Posts: 1,049
Default Dollar at 26-year low vs. pound

Following up to "EvelynVogtGamble(Divamanque)"
wrote:

Perhaps what you're saying is that the GBP
stronger than it has been?


UK interest rates are rising.
--
Mike Reid
Cutty Sark appeal"http://www.cuttysark.org.uk"
to email remove clothing.
  #7  
Old July 5th, 2007, 06:51 PM posted to rec.travel.europe
Viking
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Posts: 405
Default Dollar at 26-year low vs. pound

On Thu, 05 Jul 2007 09:43:29 -0700, "EvelynVogtGamble(Divamanque)"
wrote:



Viking wrote:

http://money.cnn.com/2007/07/04/mark...ion=2007070411

More than $2 to the pound.


But still $1.359 to the euro, as it has been for several
weeks, now. Perhaps what you're saying is that the GBP
stronger than it has been?


No. I was just registering my disgust at the weak, always weak,
dollar.
  #8  
Old July 5th, 2007, 07:35 PM posted to rec.travel.europe
EvelynVogtGamble(Divamanque)
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Posts: 2,816
Default Dollar at 26-year low vs. pound



Martin wrote:

On Thu, 05 Jul 2007 09:51:57 -0700, Iceman wrote:


On Jul 5, 12:43 pm, "EvelynVogtGamble(Divamanque)"
wrote:

Viking wrote:

http://money.cnn.com/2007/07/04/mark...x.reut/index.h...

More than $2 to the pound.

But still $1.359 to the euro, as it has been for several
weeks, now. Perhaps what you're saying is that the GBP
stronger than it has been?



Over the last few years, the dollar has really slid against both the
pound and the euro.



Now you have used facts to ruin Evelyn's evening.


Well, it's true I haven't been to England lately, so the GBP
exchange rate vis a vis the USD was not high on my list of
priority interests. However, last time I checked, the pound
was about $1.55 - $2.00 now, with the euro remaining the
same as it was then would logically suggest the pound has
risen in value. (I know, I know - "logic" and "economics"
have little to do with one another.)
  #9  
Old July 5th, 2007, 07:57 PM posted to rec.travel.europe
William Black
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Posts: 3,125
Default Dollar at 26-year low vs. pound


"The Reid" wrote in message
...
Following up to "EvelynVogtGamble(Divamanque)"
wrote:

Perhaps what you're saying is that the GBP
stronger than it has been?


UK interest rates are rising.


And the rise has been telegraphed for weeks now.

'Flash' (probably Chinese government) money flowing in, again...

It'll go down again when the rate comes into line with everyone else.

--
William Black


I've seen things you people wouldn't believe.
Barbeques on fire by the chalets past the castle headland
I watched the gift shops glitter in the darkness off the Newborough gate
All these moments will be lost in time, like icecream on the beach
Time for tea.




  #10  
Old July 5th, 2007, 09:22 PM posted to rec.travel.europe
Iceman
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Posts: 877
Default Dollar at 26-year low vs. pound

On Jul 5, 2:35 pm, "EvelynVogtGamble(Divamanque)"
wrote:
Martin wrote:
On Thu, 05 Jul 2007 09:51:57 -0700, Iceman wrote:


On Jul 5, 12:43 pm, "EvelynVogtGamble(Divamanque)"
wrote:


Viking wrote:


http://money.cnn.com/2007/07/04/mark...x.reut/index.h...


More than $2 to the pound.


But still $1.359 to the euro, as it has been for several
weeks, now. Perhaps what you're saying is that the GBP
stronger than it has been?


Over the last few years, the dollar has really slid against both the
pound and the euro.


Now you have used facts to ruin Evelyn's evening.


Well, it's true I haven't been to England lately, so the GBP
exchange rate vis a vis the USD was not high on my list of
priority interests. However, last time I checked, the pound
was about $1.55 - $2.00 now, with the euro remaining the
same as it was then would logically suggest the pound has
risen in value. (I know, I know - "logic" and "economics"
have little to do with one another.)



I don't know when the last time you checked was, because the Euro to
GBP exchange rate has remained almost constant for the last five years.

 




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