Posted by Allison on 7 April 2010, 11:18
The Kiwi dollar was definitely on the back foot against the pound, as the British currency added on over four cents against the New Zealand dollar. And while the result was not as good against the Australian dollar we still managed to add on nearly two whole cents against it on those last two days of the week.
Posted by Allison on 6 April 2010, 11:33
Let’s start with the US dollar as always, which we left on Tuesday night with an exchange rate of 1.5092 by the British pound. Wednesday was looking just as good – if not considerably better in fact – as the pound managed to bring things up to 1.5148. But could the pound do better still the following day?
Posted by Allison on 1 April 2010, 04:16
The British pound was down against the Hong Kong dollar though by 0.142, and we also lost over two cents against the New Zealand dollar. Luckily though, if that is the right word, we did manage to gain a total of 0.0042 against the Australian dollar. This turned out to be the best result of the whole week.
Posted by Allison on 30 March 2010, 04:11
The one vague improvement at the end of the second day last week was an increase to 2.1292 against the New Zealand dollar. But the increase really was only very slight. And we still experienced a dip against the Aussie dollar as we managed to drop a total of 0.0093 all in all, leaving us on 1.6370 at the end of day two.
Posted by Allison on 25 March 2010, 04:30
Our starting point as always is with the British pound against the US dollar. The closing exchange rate we were left with at the end of last week was 1.5145. So could we get off to a good start or would we stumble at the first hurdle?
Posted by Allison on 23 March 2010, 03:04
Wednesday turned out to be a very good day indeed as the pound fought hard to gain a closing rate of 1.5349. Our position slipped a little the following day though, as the pound finished up on 1.5279 instead. With one day to go we were eager to try and make a big difference here. Could we do it?
Posted by Allison on 18 March 2010, 04:36
And once again Tuesday turned out to be the saviour at this early stage. By the time the markets closed the pound was back up to 1.1026. This at least meant we had gained a tiny amount over the two days – 0.0017 to be exact. Hopefully this bodes well for the remaining three days of the week as they play out, but as always we shall have to be patient to see what actually happens.
Posted by Allison on 16 March 2010, 04:17
Wednesday didn’t make things look too promising as the pound sank back slightly further to land on 1.4933 at the end of the day. But luckily for us that would be the worst that it would get. Thursday saw us rise above the $1.50 mark once again, which made us feel confident that perhaps we could turn things around after all. We garnered a rate of 1.5030 that day.
Posted by Allison on 11 March 2010, 07:02
So here we are with our second report of this week, in which we take a look back at how the week began with the first two days worth of information. Last time we had a better end to the week than we’d had at the beginning in terms of how the British pound was doing. And in fact we managed to finish off last week with a better rate of exchange against every one of the five currencies we look at.
Posted by Allison on 9 March 2010, 03:28
Let’s move to our first stop as usual which is the US dollar. Our closing rate last time after that initial loss was 1.4947, and thankfully we managed to push back up to 1.5061 the following day. There were still two days left to go for the week though, so what would happen there?