Recent content by MattGTFour

I seem to recall reading in a textbook that the pound fell to $1.06 (compared to about $1.74 at present) in about 1985. That was back when the UK still had exchange controls, so those were quite exceptionally low levels. By the way Jem, what did you think of Chamonix? I'm going there in a few...

Sorry I meant "[B]would boost[B]"... Don't ask me where I got "would could" from!!!

Interesting point. I wouldn't be too concerned though, China still has a fair amount of slack in its economy. On the other hand, Chinese inflation would could the real exchange rate of the Yuan/Renmimbi vs the USD (assuming a fixed nominal cross) so that might please a few people in the states...

Hmmmm

Very interesting article Matt

:D

Agree 100%... That is why technicals work, they are self perpetuating - if everyone (or at least a lot of people) in the market thing a move will happen, it will happen...

Cable is ALWAYS GBP-USD... Not just sterling. Apparently it was originally traded via some cable along the ocean bed, hence the name (note: that may be BS)

But what about the liquidity trap?

A yen for your thoughts...

Very true. I bought at 111 and I'm not closing out anytime soon...

Russia is a bit messed up: :(

That's more than it costs in England!

http://story.news.yahoo.com/news?tmpl=story&u=/nm/20031027/od_nm/rap_dc_1