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AUD/USD Exchange

  • Thread starter Thread starter Andyroo
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Take it for what its worth as I dont think anyone really knows but the experts are saying that the highest it will get the rest of the year will be 85 cents and the lowest 71 cents but will mostly stick around 80, so as soon as it gets close to 85 cents I would buy up.

The best rule of thumb I know is listen to what the "experts" say and rest assured it will do the opposite.

A year ago they were all saying it would get to around $1.10..... it went down to 60.

Then they were all saying it would go down below 50...... now it's around 80.

That said around 75-80 seems to be fair value.

I brought some at 79.02 on Thursday.

Where did you bring it?
 

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Heading to Thailand and a bit of other places end of year, this shit better hold up til then! I'll be going big willy style, cruising in limo's and staying at the four seasons HK at this rate!
 
1 Australian dollar = 0.8563 U.S. dollars

Whats everyone prediction it will get as high as ? (say for the next 6 months period)


Tempted to buy US dollars right now. Think the Aussie is as strong as its ever been doubt it will go any higher (History shows it hasnt cracked the 1:1 ratio much )
 
Since the float in Dec '83, the AUD has been above 85c on only a few occasions.

1983: 12/12 -
1984: - 05/07, 20-27/08, 29-30/08, 01/11 to 07/12
1988: 14-15/11, 17/11 to 12/12, 15/12, 20/12/88 -
1989: - 16/02

and didn't get back up until 02/07/2007
 
0.86095c currently.

I might look into buying a small amount of USD with the money I have in my sportingbet account, instead of having it sit there for the AFL offseason.

Then if I can change it back to a profit before the AFL starts up next year I will.
 
If Oz gets an interest rate rise - watch it break 90c.

The possibility of a rise is already factored in. And even if it weren't, a quarter percent bump isn't anywhere near enough to justify a 4c increase.

At least in theory.
 

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The possibility of a rise is already factored in. And even if it weren't, a quarter percent bump isn't anywhere near enough to justify a 4c increase.

At least in theory.

As someone who earns US $'s - I see the dollar over 90 in the medium term.

In the long term - parity is a distinct possibility.
 
xe.com now reporting 0.87237.

mdc, if i wanted to take your money, i would have been asking for 1.5 and perhaps a shorter time frame.
 
I'm heading over in November. Should I wait until then to put it on my ANZ travel card (which transfers at exchange rate on that day) or do it now while its at 87 cents?
 
87.337
I'm back in the U.S next month....might hold out a few more weeks before buying some $US. Hopefully kick up another cent or two by the end of the month.
 
0.87561

Personally, I wouldn't hold out waiting for some particular figure. Take what you can when you can.
 

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I hope the AUD keeps rising. Will make my music importation so much cheaper. :D Really is only viable when the AUD-USD is above 85c.
 
87.337
I'm back in the U.S next month....might hold out a few more weeks before buying some $US. Hopefully kick up another cent or two by the end of the month.

I'd hold out for a bit longer yet. Theres a lot of talk about parity occurring some time in the near future.
 
I'm heading over in November. Should I wait until then to put it on my ANZ travel card (which transfers at exchange rate on that day) or do it now while its at 87 cents?

I'd hold.
 
I'd hold out for a bit longer yet. Theres a lot of talk about parity occurring some time in the near future.

There was that speculation last time the AUD had a charge as well, and we all know it got to 98c then fell down the crapper for 12 months. Quite a few favourable conditions coming back into play though.
 

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