You could buy foreign currency money market or bond funds?Originally Posted by Kingstepper
You could buy foreign currency money market or bond funds?
Someone who lies about the little things will lie about the big things too.
More airlines announce the grounding or suspension of flights. Qantas will ground its international flight until at least the end of May.
It's just a matter of time...
£ up against Euro today - 1.7% so far
talking to a couple of dealers this morning, as I have quite a few Euros to shift, and one said that it looks as thought the £ is heading for parity.........but what do they know?
What does anyone know?
"Once is happenstance. Twice is coincidence. The third time it's enemy action."
'Populism, the last refuge of a Tory scoundrel'.
Think I'll buy a couple more straps from Uncle Seiko, at least that seems a safe investment - Chocolate Bar and Razor Wire
If someone could genuinely predict currency movements, they would be sitting in a nice office and making an absolute packet. The last thing they would be doing is wasting their time talking to a bunch of watch nerds who are worried about the potential softening of prices of Rolex.
25 years ago, I spent six years of my life trading currencies for a living. Then I moved on to trading and investing in other asset classes, was the global head of asset allocation for an international banking group, head of equities, CEO of asset management, chairman of several investment committees and director of a couple of dozens of investment funds.
Are you in any way qualified to talk about this stuff or are you just spouting random nonsense?
I have sold Euros and bought Dollars, expecting a sustained break below parity, possibly a return to the .85/.90 levels from 20 years ago.
I'm liking the sound of that.
IF (big IF) this is true and replicated globally then I reckon it might be time to think about an early summer plunge into the market
https://www.biorxiv.org/content/10.1...222v1.full.pdf
Caveat again - big IF but based on the fact viruses want to replicate and that in the instance of host suppression the more benign/undetectable strains prosper then it does make sense
Good news, I have 65 euros left over from a holiday in Spain I need to change back at Asda
Last edited by Maris; 19th March 2020 at 16:37. Reason: Spain not Turkey!
I think that your 65 Euros are worth less than that were yesterday - £ now 2.75% better against the Euro than it was yesterday ....... but it could all change tomorrow
Last edited by BillN; 19th March 2020 at 16:18.
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