can the pound hold 39bt

[Banana7]

No way can it hold 39B. USD is heading for 28. Dump USD GBP EUR now for THB.

[nauseus]

Just now, soalbundy said:

Well even the IMF says that the Euro is 20% undervalued

I will need a link to be able to believe that one.

[nauseus]

Just now, Banana7 said:

No way can it hold 39B. USD is heading for 28. Dump USD GBP EUR now for THB.

You first. OK?

[Kwasaki]

5 minutes ago, soalbundy said:

I agree but that is what you get when you go to the counter with your GBP in your sweaty hand, incidentally that is also the rate that Thai IO use to calculate your pension in Baht at least it is in Surin IO

I thought would use this.

https://daytodaydata.net/

[SheungWan]

risen 1% from 39.1 to 39.5 in less than 24 hours for some reason. 
exciting this farang husband lark. 
never has a graph been so interesting to watch.

Raab knocked out. Markets not too keen on the uncertainty of a loon PM running around threatening to suspend Parliament. BJ still a negative but that was somewhat already in the price. Market bounce on any news seen as leaning away from no-deal

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[nauseus]

1 minute ago, Kwasaki said:

I thought would use this.

https://daytodaydata.net/

Well this is the USD. Big drop last night after rates held and most pricing in for a cut later.

 

Actually helped the pound against the baht a bit.

[Kwasaki]

10 minutes ago, nauseus said:

Well this is the USD. Big drop last night after rates held and most pricing in for a cut later.

 

Actually helped the pound against the baht a bit.

Yeah did notice because I check here every now and again https://themoneyconverter.com/GBP/THB.aspx

yesterday 39.22 something this morning 39.44  just has moved again 39.39. 

 

Edited June 20, 2019 by Kwasaki

[SheungWan]

I will need a link to be able to believe that one.

If it were true it would imply not only an open rift between the IMF and the ECB, but would be jumped on by Trump.

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[Kwasaki]

27 minutes ago, SheungWan said:

If it were true it would imply not only an open rift between the IMF and the ECB, but would be jumped on by Trump.

IMF & ECB is not something to take notice of much, 2007/8 e.g.

[SheungWan]

IMF & ECB is not something to take notice of much, 2007/8 e.g.

Up to you as they say. One usually finds that those who casually dismiss central authorities are often themselves beholden to a raft of second-rate populist junk websites whose contributors are more often than not away with the fairies and promoters of loon economics.

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[elliss]

    I drink rain water , and eat insects, thx brexiteers,

There is one living near you.  555

How low can gbp go , we aint seen nothing yet..

Hold tight , in the ranks lads, tighten your belts, if you still have one.

 

 

 

 

Edited June 21, 2019 by elliss
spelling

[BritManToo]

10 minutes ago, elliss said:

How low can gbp go

How long can the remainers keep dragging the pound down? ........... October 31st seems like as good a date as any.

[Naam]

1 hour ago, BritManToo said:

How long can the remainers keep dragging the pound down? ........... October 31st seems like as good a date as any.

Nov 1st the Brexiteers will take care of the dragging down and if under BoJo's brinkmanship i expect an excellent job.

[Kwasaki]

2 hours ago, elliss said:

    I drink rain water , and eat insects, thx brexiteers,

There is one living near you.  555

How low can gbp go , we aint seen nothing yet..

Hold tight , in the ranks lads, tighten your belts, if you still have one.

I like this  "Done my UK exit , burned my bridges.  Now Alien in LOS ".

 

My goodbye to UK.

 

Sold up, relieved and having said my goodbyes.                            

Asia here I come to be free from those ties. 

Farewell grey England, it’s been a long chore.     

Can't stay or want to live here anymore.

I'm tired and weary of what you've become.          

For me to stay much longer would be a beating drum.  Works been hard and long you’re not my friend.      

My battle with you is over this is the end.             

Your green pastures are no more I’ll leave you alone.            

You can shut the door l'm going home.                                         

Edited June 21, 2019 by Kwasaki

[elliss]

On 6/20/2019 at 11:55 AM, nauseus said:

I will need a link to be able to believe that one.

 

 Link ? , are you part of a chain ?. 

  Please confirm you are not a robot .

  

 

 

Edited June 21, 2019 by elliss

[nauseus]

On 6/21/2019 at 11:16 PM, elliss said:

 

 Link ? , are you part of a chain ?. 

  Please confirm you are not a robot .

  

 

 

My real name is Notabot. Happy?

 

Now show me where the IMF says that the Euro is 20% undervalued!

[bomber]

can the pound hold 38? ????

[bomber]

On 6/21/2019 at 2:57 PM, BritManToo said:

How long can the remainers keep dragging the pound down? ........... October 31st seems like as good a date as any.

it seems us remainers might yet get it down to 35 ????  Bojo/farage/corbyn/no deal will then get it down to 29-31 now you enjoy it.

[edwinchester]

38.77 this afternoon with TransferWise.

[elliss]

On 7/1/2019 at 7:19 PM, bomber said:

can the pound hold 38? ????

 

 

              No way ,   falling fast  35 sooner than we think .

Treat  yourself  to a  early Christmas  beer , share it with a fellow farlang .

 

 

 

 

 

Edited July 2, 2019 by elliss

[AlexRich]

1 hour ago, Benroon said:

Dream on - 38.54

 

Even then grab that !

 

Reminds me of all the renters telling people over the years they were nuts to buy property here - how silly do you feel !

 

That would presume that whatever property you have is easy to sell? If it isn't then any currency premium is largely irrelevant.

 

 

[roadrunner32]

Thai Baht is the problem. Of course the pound has his own trouble due to the brexit but the Baht is growing up against all western currencies for a while and it seems not to want to stop.  I wonder why no one take action against that? That is right?  Is that everything ok for the thai central bank and for  thai  authorities too? They have the power to stop and to reverse it. Why don't they do it? Apparently  for some dark reason of which it's not given us to know, it is ok for them

 

Edited July 2, 2019 by roadrunner32

[nauseus]

3 hours ago, roadrunner32 said:

Thai Baht is the problem. Of course the pound has his own trouble due to the brexit but the Baht is growing up against all western currencies for a while and it seems not to want to stop.  I wonder why no one take action against that? That is right?  Is that everything ok for the thai central bank and for  thai  authorities too? They have the power to stop and to reverse it. Why don't they do it? Apparently  for some dark reason of which it's not given us to know, it is ok for them

 

They are staring to talk about it. But in a rather muffled way so far.

[edwinchester]

8 hours ago, Benroon said:

Dream on - 38.54

 

Even then grab that !

 

Reminds me of all the renters telling people over the years they were nuts to buy property here - how silly do you feel !

Just passing on the rate, 38.77, I got with TransferWise yesterday lunchtime.

My guess is that it will head even lower.

[nauseus]

2 hours ago, edwinchester said:

Just passing on the rate, 38.77, I got with TransferWise yesterday lunchtime.

My guess is that it will head even lower.

Probably, especially if Carney keeps talking it down.

[Mike Teavee]

8 minutes ago, nauseus said:

Probably, especially if Carney keeps talking it down.

Transferwise are currently offering 38.32 on 10,000 GBP (38.18 on 1,000)...

 

Sigh, looks like it will be money from my Singapore account again this quarter (Though that's down to 22.37 for s$10,000 SGD, I don't think I've ever had to transfer or change in country below 23.00)

 

Thai Baht really is strong at the moment ???? 

[Jajazazajaja]

17 hours ago, nauseus said:

Probably, especially if Carney keeps talking it down.

Seriously, you are blaming Carney for the devaluation of the pound?

 

wow, that’s a completely new level

of bull****

[Jajazazajaja]

On 6/18/2019 at 7:34 AM, SheungWan said:

I can understand the UK expat who has sufficient overseas assets/income personally benefitting from such a drop. I can also understand if one's income is sufficiently high to fully discount such a drop, but to suggest to others not in such a position to embrace the downside in the Brexit "cause" is total nonsense equivalent to selling snake oil.

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Fantastic post. The absolute state of these Brexiteers telling people to believe in this thing that is making them substantially poorer

[SheungWan]

Thai Baht is the problem. Of course the pound has his own trouble due to the brexit but the Baht is growing up against all western currencies for a while and it seems not to want to stop.  I wonder why no one take action against that? That is right?  Is that everything ok for the thai central bank and for  thai  authorities too? They have the power to stop and to reverse it. Why don't they do it? Apparently  for some dark reason of which it's not given us to know, it is ok for them
 

Smaller nations have limited financial fire power to reverse a currency trend.

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[SheungWan]

Fantastic post. The absolute state of these Brexiteers telling people to believe in this thing that is making them substantially poorer

When someone is justifying shooting themselves and others in the foot in the interests of a higher cause then you know you are dealing with a cult. If there is the risk that said cult (no-deal Brexit) might be running the show in the not too distant future then best take evasive action re currency if able. If not able then will get dragged down, unwilling or otherwise.

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