Archive for June, 2009

Gordon Gordon Gone and so is the pound :-(

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All this mucking around by Gordon Brown is giving the pound a tough timeI have noticed that the both the Euro and the Dollar have gained ground yesterday against the pound. That holiday is getting more expensive for the day and worst luck I think the concern over whether he will go is only going to make it even worse, I have been confident that the pound is getting stronger (especially against the dollar) but now I am feeling a little less certain in the short term this is going to be the case. I guess I will have to keep watching the news to see what happens and be ready to move quickly if the rates soike in my favour. This is serious stuff because depending on the rate I may have to downgrade on a few of those holiday options and after the year I have had I deserve a few luxuries

Sterling Weakness

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It apppears that the recent Sterling strength may have been halted as so far today we have red screens as we have lost over half a cent against the dollar and against the Dollar. Further political instability in the UK means we may have seen the top of the pound’s recent spike.

The Pound Is Rising – the bowler v’s the stetson

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It looks like the pound is going to continue rising for a while against the dollar, apprently the arabs hiking up the price of oil is going to cause the cowboys to lay low for a bit. Good news for me I think I might get an extra holiday to New York in while Paris is so expensive. Now if only I can find someone to take with me….

US Dollar Weakens June 2009

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The USDollar has weakened further this week and is predicted to continue. Exchange rates for the GBP vs USD appear to be at eight month highs creating fantastic buying opportunities for those sending money overseas. GBP Euro also looks set to break through 9 month highs too!