sanemax Posted March 12, 2019 Share Posted March 12, 2019 12 minutes ago, mrfill said: Yes, they must be delighted to be getting 41.76 to the pound, especially as only 2 years ago they were getting 49.28. Only 15% worse - a stunning benefit.... Didnt the Pound go to 43 in 2013 ish ? Link to comment Share on other sites More sharing options...
dunroaming Posted March 12, 2019 Share Posted March 12, 2019 4 minutes ago, Grouse said: Serious question. I have to purchase a piece of test equipment from UK. It's a thousand quid. Do I do the transaction right now or wait until tomorrow? Are you buying it in sterling? Link to comment Share on other sites More sharing options...
LucysDad Posted March 12, 2019 Share Posted March 12, 2019 8 minutes ago, soalbundy said: Meanwhile back at reality ranch UK businesses have transferred 900 billion pounds to Europe along with thousands of jobs. ... and what .... Link to comment Share on other sites More sharing options...
soalbundy Posted March 12, 2019 Share Posted March 12, 2019 Just now, Grouse said: Serious question. I have to purchase a piece of test equipment from UK. It's a thousand quid. Do I do the transaction right now or wait until tomorrow? your crystal ball is as good as any other, I think the currency markets have given up dealing in logic, it's all desperation and guess work, how else could the dollar be strong when the USA has 22 trillion in debt and climbing and a federal deficit of 984 billion dollars ? Link to comment Share on other sites More sharing options...
LucysDad Posted March 12, 2019 Share Posted March 12, 2019 1 minute ago, soalbundy said: your crystal ball is as good as any other, I think the currency markets have given up dealing in logic, it's all desperation and guess work, how else could the dollar be strong when the USA has 22 trillion in debt and climbing and a federal deficit of 984 billion dollars ? The Dollar isn't strong in Thailand. Link to comment Share on other sites More sharing options...
soalbundy Posted March 12, 2019 Share Posted March 12, 2019 Just now, LucysDad said: ... and what .... ....and that... Link to comment Share on other sites More sharing options...
mrfill Posted March 12, 2019 Share Posted March 12, 2019 3 minutes ago, sanemax said: Didnt the Pound go to 43 in 2013 ish ? Yes - and over 55 in 2015 (17th August). And, its just gone down to 41.64.... Link to comment Share on other sites More sharing options...
soalbundy Posted March 12, 2019 Share Posted March 12, 2019 Just now, LucysDad said: The Dollar isn't strong in Thailand. No, not as strong as it was but it is still a reserve currency. Link to comment Share on other sites More sharing options...
LucysDad Posted March 12, 2019 Share Posted March 12, 2019 2 minutes ago, soalbundy said: No, not as strong as it was but it is still a reserve currency. So is Sterling. Link to comment Share on other sites More sharing options...
Grouse Posted March 12, 2019 Share Posted March 12, 2019 10 minutes ago, dunroaming said: Are you buying it in sterling? Yes, must pay in Sterling, but SCB credit card in THB. Link to comment Share on other sites More sharing options...
soalbundy Posted March 12, 2019 Share Posted March 12, 2019 Just now, LucysDad said: So is Sterling. so is the Euro but these two aren't quite the basket case that the USA is. Good the US exports more oil than Saudi these days and it has to be paid in dollars, probably the only reason but even so they are very close to a downgrade. Link to comment Share on other sites More sharing options...
evadgib Posted March 12, 2019 Share Posted March 12, 2019 23 minutes ago, Grouse said: Serious question. I have to purchase a piece of test equipment from UK. It's a thousand quid. Do I do the transaction right now or wait until tomorrow? We're too thick to answer ???? Link to comment Share on other sites More sharing options...
bomber Posted March 12, 2019 Share Posted March 12, 2019 5 hours ago, BritManToo said: 41.85, not much of a surge, but I changed 1,000 pounds just in case May cocks it up. British men and women cocked it up in june 2016 Link to comment Share on other sites More sharing options...
bomber Posted March 12, 2019 Share Posted March 12, 2019 4 hours ago, RichardColeman said: And it will plummet again end of the week when the idiots MP continue their bickering to try and overthrow the will of the electorate the will of the people will see it plummet to 35-37 Link to comment Share on other sites More sharing options...
bomber Posted March 12, 2019 Share Posted March 12, 2019 3 hours ago, sanemax said: Its the uncertainty that has caused the Pound to devalue , once we get everything sorted out , when we leave the E.U and then can sign trade deals with the rest of the world, the Pound will surge dreaming again i see,the UK must look wonderful through these Link to comment Share on other sites More sharing options...
CG1 Blue Posted March 12, 2019 Share Posted March 12, 2019 I was listening to the radio last night as things unfolded. MPs had stayed in the Commons waiting for news. Then finally the Brexit secretary announced the changes that had been secured. What I found most frustrating was the response from Labour's Keir Starmer. Rather than keeping an open mind and saying let's study the detail and assess whether or not the changes are sufficient, he immediately went on the attack. Starmer and his ilk are determined not to let a Tory PM secure a deal with the EU no matter what the cost. Furthermore, he is desperate for talks to fail in the hope we end up remaining in the EU. It's this kind of self interest and bickering that has made the Brexit process such a mess! Link to comment Share on other sites More sharing options...
dunroaming Posted March 12, 2019 Share Posted March 12, 2019 13 minutes ago, Grouse said: Yes, must pay in Sterling, but SCB credit card in THB. Too complex to answer on an open forum I would have thought. If paying with a credit card, then is that card financed by a sterling account? If so then you want a strong pound etc etc. I always found it advisable to have a foreign currency account along with a Baht account. In other words, your guess is as good as mine. Link to comment Share on other sites More sharing options...
CG1 Blue Posted March 12, 2019 Share Posted March 12, 2019 The next critical point is at 11:30am UK time when the Attorney General Geoffrey Cox delivers his legal opinion on the changes to the HoC. If he says the changes are sufficiently binding the deal should get the backing from most of the ERG and the DUP. The next hour is going to be interesting! Link to comment Share on other sites More sharing options...
sanemax Posted March 12, 2019 Share Posted March 12, 2019 Just now, dunroaming said: Too complex to answer on an open forum I would have thought. If paying with a credit card, then is that card financed by a sterling account? If so then you want a strong pound etc etc. I always found it advisable to have a foreign currency account along with a Baht account. In other words, your guess is as good as mine. Its only a matter of a couple of hundred Baht anyway , hardly worth being concerned about Link to comment Share on other sites More sharing options...
White Christmas13 Posted March 12, 2019 Share Posted March 12, 2019 1 hour ago, Laughing Gravy said: One of the saddest things with the threads on Brexit is those from the UK who actually want to the UK go into some sort of financial meltdown and economic recession. IMHO those should have their passports taken away and sent to to the isle of Man to serve the rest of their lives in exile. ???? So sorry to those from the Isle of Man.???????? or maybe send them all to China Link to comment Share on other sites More sharing options...
soalbundy Posted March 12, 2019 Share Posted March 12, 2019 Just now, CG1 Blue said: The next critical point is at 11:30am UK time when the Attorney General Geoffrey Cox delivers his legal opinion on the changes to the HoC. If he says the changes are sufficiently binding the deal should get the backing from most of the ERG and the DUP. The next hour is going to be interesting! 3 prominent barristers have seen the paper and each has already said that they aren't sufficiently binding, it's a political compromise not a legal document in their opinion. Link to comment Share on other sites More sharing options...
dunroaming Posted March 12, 2019 Share Posted March 12, 2019 4 minutes ago, CG1 Blue said: I was listening to the radio last night as things unfolded. MPs had stayed in the Commons waiting for news. Then finally the Brexit secretary announced the changes that had been secured. What I found most frustrating was the response from Labour's Keir Starmer. Rather than keeping an open mind and saying let's study the detail and assess whether or not the changes are sufficient, he immediately went on the attack. Starmer and his ilk are determined not to let a Tory PM secure a deal with the EU no matter what the cost. Furthermore, he is desperate for talks to fail in the hope we end up remaining in the EU. Find me a politician who does keep an open mind when it comes to Brexit. Minds are made up in advance and facts seldom have any baring. Starmer will sing from one hymn sheet while the JR Moggs will sing a different tune. Nothing to do with reality from any side. Link to comment Share on other sites More sharing options...
soalbundy Posted March 12, 2019 Share Posted March 12, 2019 Just now, White Christmas13 said: or maybe send them all to China you would have to drag us back to perfidious Albion first. Link to comment Share on other sites More sharing options...
melvinmelvin Posted March 12, 2019 Share Posted March 12, 2019 7 minutes ago, CG1 Blue said: I was listening to the radio last night as things unfolded. MPs had stayed in the Commons waiting for news. Then finally the Brexit secretary announced the changes that had been secured. What I found most frustrating was the response from Labour's Keir Starmer. Rather than keeping an open mind and saying let's study the detail and assess whether or not the changes are sufficient, he immediately went on the attack. Starmer and his ilk are determined not to let a Tory PM secure a deal with the EU no matter what the cost. Furthermore, he is desperate for talks to fail in the hope we end up remaining in the EU. seen that attitude from Starmer before, no interest in chipping in to try and make smth uk can live with much more fun to maximize crisis Link to comment Share on other sites More sharing options...
bomber Posted March 12, 2019 Share Posted March 12, 2019 4 minutes ago, CG1 Blue said: I was listening to the radio last night as things unfolded. MPs had stayed in the Commons waiting for news. Then finally the Brexit secretary announced the changes that had been secured. What I found most frustrating was the response from Labour's Keir Starmer. Rather than keeping an open mind and saying let's study the detail and assess whether or not the changes are sufficient, he immediately went on the attack. Starmer and his ilk are determined not to let a Tory PM secure a deal with the EU no matter what the cost. Furthermore, he is desperate for talks to fail in the hope we end up remaining in the EU. JRM hasnt ruled out voting yes to Mays deal he is waiting to hear back from the DUP first,rather strange imo i would of thought he would be more interested in bojo and fellow brexiteers opinions,but he was never a proper brexiteer and only wanted it to gain an extra 15% on his £7 million shares windfall after the pound crashed as was proved on TV last night,should be in jail imo Link to comment Share on other sites More sharing options...
dunroaming Posted March 12, 2019 Share Posted March 12, 2019 3 minutes ago, soalbundy said: 3 prominent barristers have seen the paper and each has already said that they aren't sufficiently binding, it's a political compromise not a legal document in their opinion. I don't think that is the point here. It's all down to the political interpretation of these latest changes. It does open the door for the Brexiteers to change there stance on May's deal and vote for it, after saying all along that they wouldn't. Whether or not there are significant changes is fairly irrelevant. Minds are already made up, one way or another. I am not saying it will happen that way, only that it gives them their wriggle room should they choose it. Link to comment Share on other sites More sharing options...
soalbundy Posted March 12, 2019 Share Posted March 12, 2019 Just now, bomber said: JRM hasnt ruled out voting yes to Mays deal he is waiting to hear back from the DUP first,rather strange imo i would of thought he would be more interested in bojo and fellow brexiteers opinions,but he was never a proper brexiteer and only wanted it to gain an extra 15% on his £7 million shares windfall after the pound crashed as was proved on TV last night,should be in jail imo That is a logical conclusion, the DUP are nearer to his business heart than the UK Parliament. They are all at the trough, it would be interesting to see how many have changed their money to Euro's already. Since 900 billion pounds in business has already left UK's shores I can imagine that quite a few directors of these companies are also MP's or MP's with shares in the companies. Link to comment Share on other sites More sharing options...
soalbundy Posted March 12, 2019 Share Posted March 12, 2019 Just now, dunroaming said: I don't think that is the point here. It's all down to the political interpretation of these latest changes. It does open the door for the Brexiteers to change there stance on May's deal and vote for it, after saying all along that they wouldn't. Whether or not there are significant changes is fairly irrelevant. Minds are already made up, one way or another. I am not saying it will happen that way, only that it gives them their wriggle room should they choose it. good point, face saving anglo saxon style but I think she is heading for a defeat. Link to comment Share on other sites More sharing options...
bomber Posted March 12, 2019 Share Posted March 12, 2019 4 hours ago, LucysDad said: GBP/EUR 1.1730 A little further away from Project Fear's "parity". it did drop as low as €1.07 so not that far off,and dropped already from the above rate,your dreams come true and it will drop to €1.05-10 Link to comment Share on other sites More sharing options...
bomber Posted March 12, 2019 Share Posted March 12, 2019 3 minutes ago, soalbundy said: That is a logical conclusion, the DUP are nearer to his business heart than the UK Parliament. They are all at the trough, it would be interesting to see how many have changed their money to Euro's already. Since 900 billion pounds in business has already left UK's shores I can imagine that quite a few directors of these companies are also MP's or MP's with shares in the companies. it seems half of brexiteer MPs are in it for personal gain,that leaves about 10% true brexiteers,more than enough reason to scrap the dream, Link to comment Share on other sites More sharing options...
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