What's your prediction on the Australian Dollar?

[Foreigner]

Predication: December 2015, $.60

I can't wait!

 

[JohnK]

AUD-GBP creeping back up again.... Bid: 0.4779 Ask: 0.4782

For how long though?

 

[PLANT]

About two hrs left my call

 

[cove]

China devaluing is not helpful to orders getting done above 74 cents today.

 

[quokka77]

Westpac are predicting 0.70 in December in today's AFR.

 

[Dr Ralph]

Westpac are predicting 0.70 in December in today's AFR.

More like .60!

 

[Foreigner]

China’s move has raised the risk of a “currency war” as export rivals seek a weaker exchange rate to stay competitive, according to Stephen Roach, a senior fellow at Yale University and former non-executive chairman for Morgan Stanley in Asia.

More here:

http://www.bloomberg.com/news/artic...an-reference-rate-by-record-1-9-amid-slowdown

 

[robd]

Westpac are predicting 0.70 in December in today's AFR.

More like .60!

I'm going to split it at 0.65.

 

[JohnK]

Oh how the mighty have fallen! Any chance of USD$0.80 soon?

Hurry up Thailand and devalue your currency. I miss the THB30+ exchange rates.

 

[Flashback]

Conversely the GBP vs THB and INR is really strong now.

55 THB for every £1 and 100 (almost 101!) INR for every £1.

 

[Cruiser Elite]

Well it's certainly going to have Ms Yellen and Co scratching their noggins re those mooted US interest rate rises - Yank exporters were already complaining about the strength of the $ prior to China's blindside.

 

[drross]

Well it's certainly going to have Ms Yellen and Co scratching their noggins re those mooted US interest rate rises - Yank exporters were already complaining about the strength of the $ prior to China's blindside.

won't be happening in Sept now. Probably new year now

 

[Jacques Vert]

Latest reports are that China has devalued again; second time in two days!

 

[cove]

This may be the start of a trade war between countries with Europe keeping Greece to have a weak Euro and China over producing for the world market. The Aussie dollar will keep going down until commodities stabilize. The falls in prices of commodities is alarming.

 

[earlyriser]

Climbing back towards 74 this morning.

 

[footy99]

A lot of bets against a US September rate rise triggered that I think.

 

[Foreigner]

News reports tell story of financial bloodbath today locally.

Aussie moving towards the low 0.72's.

 

[quokka77]

Crunched. The AUD has now hit the reserve bank's target of a few months ago.

 

[JohnK]

This whole thing is a joke. China collapses so everyone follows suit.

I am seriously considering selling all my investments. If I don't it is going to hurt when the crash happens. It will be like no crash we have witnessed in our entire existence.

 

[Foreigner]

It will be like no crash we have witnessed in our entire existence.

BIG prediction!