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Landing in Canada, how can I avoid the horrible UK exchange rate?

TicTocCroc

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Scotland can't afford to be independent, and they were told by the EU that they would not be considered for membership until they could prove themselves financially stable over many years. Devolution was great for Scotland. Independence at this period in time would not be.
 

thestunner316

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Spielo said:
It's a really complicated situation that got us to this point. We're a very old country and some aspects of history we'll never forget, and others we wilfully ignore. Anything that glorifies ourselves in generally celebrated and any of the many, many shameful things in our past are completely ignored and written out of history. As a result, the British psyche is one of pure exceptionalism. British people (as a populace) believe themselves to be better than anyone and everyone else. Furthermore, they position themselves as better than other countries who believe themselves to be the best by talking down anyone who actively says they're the best, calling them arrogant. British people then believe themselves to be the most exceptional because they _secretly_ believe themselves to be exceptional, showing outward modesty, but inward self-regard. We still live in the shadow of the British Empire, when we "ruled the world", and people look back wistfully at a "bygone age", but nobody talks about the brutality and genocide that we perpetrated. It permeates in all parts of British society, where anything that reasserts the idea that Britain is somehow special is unquestioningly supported.

Meanwhile, our terrifyingly powerful tabloid press have been demonising immigrants for years, making people angrier and angrier about something that has been economically beneficial to us, while carefully distracting us from the small number of already rich people who are taking the country's publicly-owned assets, stripping them for parts and storing the bounty in their private offshore bank accounts. Immigrants are routinely discussed in newspaper columns as if they're not even human and nobody even bats an eye anymore.

This year, tabloid newspapers have successfully made people angry enough to murder an MP and several immigrants, and incited a huge spike in hate crimes across the country (except in Scotland, where people are more reasonable). Nobody's willing to speak out against the tabloid newspapers though, because they're too powerful, so our government has taken the easy way out and just joined in with all of the immigrant hate. People just call it "concerns about immigrants", but the "concerns" are just unfounded fears, based on deliberate lies, with no evidence to support them or any basis in reality. Somehow it's perfectly acceptable for these newspapers, which have blatant lies and hate speech on the front pages, to be casually sold in supermarkets like it's no big deal.

So yeah, everything is blamed on immigrants, the immigrants are the EU's fault, and therefore every problem the UK has is somehow the EU's fault. British people are "special" and are entitled to everything they want by birthright, and anyone who wasn't born here who just wants a peaceful life and dignity is a "scrounger" who has come to rob us of all we have.

Never mind that the EU parliament is the closest thing we have to a democracy (a first past the post system, an unelected House of Lords and an actual monarchy in 2016 are celebrated as "sovereign", while the EU is _somehow_ "undemocratic"), and the EU provides UK citizens with countless benefits and protections, we're going to scrap all of that at tremendous cost to ourselves because a few pages of hate speech sold in supermarkets told us to.
+1 to you sir, very well written. I'm sure you got atleast 8.5 on your IELTS in writing :p :D
 

kryt0n

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vensak said:
Kryton check if you have any chance to get irish or other eu passport. Another possibility is in hitting scotland. That is the other thing that can easily happen - uk to be split into england and wales then scottland and we might sed reunited ireland again.
Does it sound bad? not really thats life.
And last big problem uk got with tbat vote is a trust issue. It would be kind of hard to make deal with country that tries to change and negate everything in the middle.
Thanks for the suggestion, but the boyfriend and I are English as far back as the conquest. It's either committed immigration or nothing :(
 

sushsmart15

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Every time during and after US Election months - November and December, the GBP rallies against the USD.
So, very soon the exchange rate of GBP will start increasing from Nov. onwards and it will continue until the beginning of Jan.
After that, it will fall again. I hope this info helps.
 

thestunner316

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sushsmart15 said:
Every time during and after US Election months - November and December, the GBP rallies against the USD.
So, very soon the exchange rate of GBP will start increasing from Nov. onwards and it will continue until the beginning of Jan.
After that, it will fall again. I hope this info helps.
if only things were that simple :)
 

Spielo

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sushsmart15 said:
Every time during and after US Election months - November and December, the GBP rallies against the USD.
So, very soon the exchange rate of GBP will start increasing from Nov. onwards and it will continue until the beginning of Jan.
After that, it will fall again. I hope this info helps.
That's interesting, do you happen to know why this happens? Just curious :)
 

sushsmart15

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Spielo said:
That's interesting, do you happen to know why this happens? Just curious :)
I don't know why this happens, but it has happened in 1996, 2000, 2004, 2008 and 2012 US Elections.
So, there are more than 90% chances that GBP will rally again in Nov, Dec. 2016.
Well, this is what the market analysts are taking about nowadays and they are correct about 80% of the time.
 

vensak

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sushsmart15 said:
I don't know why this happens, but it has happened in 1996, 2000, 2004, 2008 and 2012 US Elections.
So, there are more than 90% chances that GBP will rally again in Nov, Dec. 2016.
Well, this is what the market analysts are taking about nowadays and they are correct about 80% of the time.
I have checked historical Exchange rate USD against EUR for comparison and that trend is not there.
What is happening in rather short term are changes depending on which candidates is more popular and has more chance to win.
What you must not forget is that USD is also influenced by other major events that may not necesarily be tight to US economy.
For example in summer 2008 was big economy collapse and USD has reacted in weakening. Also this has started in USA itself (at least the visible part), there was a whole wave of reactions (including crude oil prices...).

What I see, that currently GBP is trying to keep around the 1,22 USD. But what we do not see is just how many interventions are behind this number (where UK buys its own currency in order to make it more expensive).

I can also see following - USD is oscilating somewhere between 1,12 to 1,09 against EUR for the last 15 months, while GBP is sliding from 0,7 to 0,9 against EUR.
The only reason why there are not similar headlines for GBP historical minimum against EUR is the fact, that during the period when GBP was even lower (2008), USD was on its historical minimum against EUR, so USD could not max out against GBP back then.

Plus this time the reason is not the global economy situation (so much I see the production in NAFTA and Europe region is booming and also Asia has slowed down, it is still growing.
 

sushsmart15

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vensak said:
I have checked historical Exchange rate USD against EUR for comparison and that trend is not there.
What is happening in rather short term are changes depending on which candidates is more popular and has more chance to win.
What you must not forget is that USD is also influenced by other major events that may not necesarily be tight to US economy.
For example in summer 2008 was big economy collapse and USD has reacted in weakening. Also this has started in USA itself (at least the visible part), there was a whole wave of reactions (including crude oil prices...).

What I see, that currently GBP is trying to keep around the 1,22 USD. But what we do not see is just how many interventions are behind this number (where UK buys its own currency in order to make it more expensive).

I can also see following - USD is oscilating somewhere between 1,12 to 1,09 against EUR for the last 15 months, while GBP is sliding from 0,7 to 0,9 against EUR.
The only reason why there are not similar headlines for GBP historical minimum against EUR is the fact, that during the period when GBP was even lower (2008), USD was on its historical minimum against EUR, so USD could not max out against GBP back then.

Plus this time the reason is not the global economy situation (so much I see the production in NAFTA and Europe region is booming and also Asia has slowed down, it is still growing.
Economical factors affect the currency values dramatically. However, it is important to note that for every action there is equal and opposite reaction.
Ever since Brexit vote out, GBP has been only falling. A correction is due now and it will happen now in Nov and Dec. and it will be only short lived.
We can see GBP value go upto 1.28 or 1.36 USD during this period.
Again in 2017, it will begin to fall and once Article 50 gets triggered in 2017, then GBP will fall down to way below levels around 1.16 USD sometime in 2017.
The next two months period is the only Green patch for GBP left now.