Plus quite a few commentators have started to ask exactly where this money has gone, the stock answer is to buy assets from the big financial institutions thereby injecting capital to stimulate the economy
But you try getting a definitive list of who its gone to, there isnt one.
Message posted by J&L on 05 November 2009 at 3:54pm - IP Logged
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1.1119 to 1.1195 - not world changing, but not a drop either.........one of the straightest lines up on the graph for some time ......
the only point i seek to make is that it is confoundedly difficult to predict what the movements in the currency markets will be - small cchanges may not change the price of your pint much - but can be disastrous for your house purchase......
Message posted by flynnmo on 05 November 2009 at 11:59pm - IP Logged
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J & L, You are so right! We were SO lucky when we bought our place. The exchange rate hit 1.49 - 1.50 just as the sale was happening.(2006) If we were trying to buy now, we wouldn't be able to afford it. Moyra
Message posted by DCV on 06 November 2009 at 12:34am - IP Logged
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Thanks Ann, if he could talk, you could just hear him "first they put me in this stupid suit - then they want me to SMILE!" His big sister loved it though. Olivia 2 1/2 and Charlie 6 months. Moyra
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