Originally posted by AtW
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "How the pound fell on ONS inflation figures"
Collapse
-
-
Originally posted by Incognito View PostOver a 20 day ******* average!!!!!!!!
Below is total eur/gbp trading history:
What do you reckon is the trend from this one?Last edited by AtW; 26 April 2011, 23:49.
Leave a comment:
-
Originally posted by AtW View PostYou see monthly changs of +/- 3% every month? Nothing to write home about.
Oh look, the Pounds been rumbling along quite nicely against the Euro last couple of months, oh wait a minute, it's just lost half a cent in the space of an hour and a half, I wonder if that downward spiral is going to indicate anything.
Leave a comment:
-
Originally posted by scooterscot View PostTrend is measured with the rate of change not time, i.e. "a general direction in which something is developing or changing"
Leave a comment:
-
Originally posted by Incognito View PostYou are kidding right?
It certainly means a lot to those who make bets on movements of currency, but it is totally and utterly stupid to present pathetic 1% drop in currency value as some kind of disaster or even response to inflation figures which are far far higher than 1%.
Here is data for last year: Monthly Exchange Rate Average (Euro, British Pound) 2010 - x-rates
You see monthly changs of +/- 3% every month? Nothing to write home about.
Originally posted by Incognito View PostI think a market movement of half a cent in decline in that space of time is quite important.
at a big picture like I posted you will see that it's nothing to write home about - only dirty spekulants would care much about it.
HTH
Leave a comment:
-
Originally posted by AtW View PostWell, it's gone down by 1% if you look at the number but it's typical to see people misrepresent stats by showing charts with base not fixed to 0.
If it was then you'd struggle to see the difference.
When we crashed out of the ERM we were still talking about US cents and pfennigs in the single digits.
I think a market movement of half a cent in decline in that space of time is quite important.
Leave a comment:
-
Originally posted by AtW View PostYou can't talk of a trend using like 24 hours worth of data, especially when it is presented in a more or less fraudlent way with base fixed at non-zero thus totally misleading people who won't pay attention to axis Y's values - anyone who uses charts in such a way deserves to get fired very quickly.
Trend is measured with the rate of change not time, i.e. "a general direction in which something is developing or changing"
What are we teaching the youngsters these days...
Leave a comment:
-
Originally posted by scooterscot View PostI'm showing a trend not a chart, no base required.
Leave a comment:
-
Originally posted by AtW View PostWell, it's gone down by 1% if you look at the number but it's typical to see people misrepresent stats by showing charts with base not fixed to 0.
If it was then you'd struggle to see the difference.
I'm showing a trend not a chart, no base required.
Leave a comment:
-
Well, it's gone down by 1% if you look at the number but it's typical to see people misrepresent stats by showing charts with base not fixed to 0.
If it was then you'd struggle to see the difference.
Leave a comment:
-
How the pound fell on ONS inflation figures
And earlier last week we're gloating about retail sales rebounding! We're saved! They shouted.
We're so full of it.
EU states with the biggest deficits and debts - in graphs
And another thing, how is it Spain and Portugal have not printed a penny yet we're in 3rd place? What happens if the euro disney project is not scrapped, does the UK become the poor man of Europe?
The Eurostat figures show the EU countries in 2010 with the largest government deficits as a percentage of GDP. They were: Ireland (-32.4pc), Greece (-10.5pc), the United Kingdom (-10.4pc), Spain (-9.2pc), Portugal (-9.1pc), Poland (-7.9pc), Slovakia (-7.9pc), Latvia (-7.7pc), Lithuania (-7.1pc) and France (-7pc).
The lowest deficits were recorded in Luxembourg (-1.7pc), Finland (-2.5pc) and Denmark (-2.7pc). Estonia (0.1pc) registered a slight government surplus in 2010 and Sweden (0pc) was in balance.Tags: None
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: