Originally posted by sirja
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Got my 75p exchange rate so transferred a chunk of Euros into Sterling.
Holding back the rest until it hits 90p (a man's gotta dream).Comment
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FTFY
then I will hang onto the rest just so I can tell women in bars I earn a living playing the currency markets rather than admit I am a computer programmer, todays news means I won't be a complete liar, also, which is nice.The Chunt of Chunts.Comment
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Have kept USD unchanged since October 2015 when rate was 1.54ish, now: 1.428
It's a sensible management decision rather than a dirty spekulation though ...Comment
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Originally posted by AtW View PostHave kept USD unchanged since October 2015 when rate was 1.54ish, now: 1.428
"Debt-fueled bubble? ...lalalala"Comment
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Never fails, I invest a tranche of cash on Monday, then on Tuesday
Market turmoil: FTSE 100 hits three-year low as rout continues - business live | Business | The GuardianMy subconscious is annoying. It's got a mind of its own.Comment
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Originally posted by pjclarke View PostNever fails, I invest a tranche of cash on Monday, then on Tuesday
Market turmoil: FTSE 100 hits three-year low as rout continues - business live | Business | The Guardian
TBH, it's starting to look a little overdone in some sectors, particular the banks. Yes, the EU banks are in a worse position than their US counterparts, but they are starting to be priced for failure. Is that really likely? We haven't quite entered capitulation yet. When that happens, I wouldn't be surprised to see a strong intraday reversal and then a rebound over subsequent days. The earliest opportunity is perhaps Yellen's testimony tomorrow, although I expect not. We're not at maximum fear yet.
Itchy trigger finger...Comment
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