Currencies - What the hell is going on?

[katoeylover]

£ crashed again, down to $1.48 and 52bt, despite the problems in Thailand.

[robbo]

(daveduke007 @ Dec. 02 2008,19:51) I got 71 in Nov 07 , distant happy memory now     

problem is with the £,everywhere at moment, normal service will resume at some point,the £/baht average is around the 65 baht mark historically.but i sure as hell aint going to thailand with such rates below 50, oh no.

[azza33]

Is the aussie finally turning the corner? Or just a short term blip?

Up to 24... its a start

[Guest]

Euro heading towards 49, was 44 early last week, serious changes in such a short time, but a nice Xmas gift IF it lasts

[bigmick22]

rock on the euro

Merry xmas to me!

[Dieter]

At the right time....


Thanks to Obama and Bush The Us central bank interest down on 0% to 0,2 %




Dieter

[dutch]

(bumblebee @ Dec. 17 2008,20:01) Euro heading towards 49, was 44 early last week, serious changes in such a short time ....

According to xe.com it's 50 now  

[manarak]

It seems the USD is doomed on the short and medium term.

Be safe when helicopter Ben will throw all those sacks of cash overboard...

[azza33]

Thailand's exports in November shrunk for the first time in more than six years, falling 18.6 percent in the largest monthly contraction since at least 1992, according to data compiled by Bloomberg. The government expects 2.5 million fewer tourists this quarter and next because of the airport blockade, a loss of 100 billion baht ($2.9 billion) in visitor revenue.

Taken from bloomberg.....

Now how much longer can the Thai baht stay up??

[robbo]

mayby a lot longer yet,as mayby its not such that the baht is so strong,as that sterling and dollar has been crumbling,the western economies have been much closer to total collapse than many realise,and that danger isnt over yet.the world is seriously fucked up and the cats not really outa the bag yet!

[jimslim]

Instead of endless guessing we should all do something practical ..........

I propose all BMs using sterling should focus their collective mind power on the stroke of midnight tomorrow night and focus on the chant of "grow sterling grow ! , grow sterling grow !"

This technique worked wonders for Uri Gellar and made his bank account grow .

If we are successful we will extend our scheme to our American friends next week .

Never underestimate the power of the mind .

[dutch]

(jimslim @ Dec. 24 2008,21:11) If we are successful we will extend our scheme to our American friends next week .

What about the ‚¬Euro ??

[robbo]

(jimslim @ Dec. 25 2008,02:11) Instead of endless guessing we should all do something practical ..........

I propose all BMs using sterling should focus their collective mind power on the stroke of midnight tomorrow night and focus on the chant of "grow sterling grow ! , grow sterling grow !"

This technique worked wonders for Uri Gellar and made his bank account grow .

If we are successful we will extend our scheme to our American friends next week .

Never underestimate the power of the mind .

well yes i did try this tonight but it didnt seem to work,now mayby if i have some of what your smoking then.........

[jimslim]

Give it time , sometimes it takes months ,years even but work it will , have faith in the power of the mind and harness its cosmic energy .

If you wish to move to step 2 which is guaranteed to work even quicker please send me a check for £99 for fast results *

* Euros not Sterling , as its still taking a bit of a battering at the moment

[up2nothing]

(robbo @ Dec. 24 2008,23:22) mayby a lot longer yet,as mayby its not such that the baht is so strong,as that sterling and dollar has been crumbling,the western economies have been much closer to total collapse than many realise,and that danger isnt over yet.the world is seriously fucked up and the cats not really outa the bag yet!

I would have to agree with you on that, it seems that everything is out of control and noone has any ideas,
but, iguess they forget what we elected them for