What's your prediction on the Australian Dollar?

[Pushka]

Back to AUD $ please? I am tracking this thread and keep thinking there's something to read here.

 

[marki]

Back to AUD $ please? I am tracking this thread and keep thinking there's something to read here.

I will be using the Australian dollar to get there

Another yo yo down for the Easter Festivities.

 

[Foreigner]

Stirling volatility predicted if the UK exits EU on 23 June:

http://www.bloomberg.com/news/artic...-of-option-trades-envisage-drop-to-1980s-lows

 

[tania73]

If UK exit, will this be likely to impact AUD/USD and AUD/Euro?

Stirling volatility predicted if the UK exits EU on 23 June:

Pound's $16 Billion of Option Trades Envisage Drop to 1980s Lows - Bloomberg Business

 

[marki]

Will there be a Euro in the future?

 

[amaroo]

Will there be a Euro in the future?

I hope not! Europe pre Euro was beautiful.

 

[Tortuga]

Back to AUD $ please? I am tracking this thread and keep thinking there's something to read here.

Still happy with my call that the recent drop in USD was overblown and it will strengthen - this should push the AUD back closer to 72-74 cents. Do I think China is suddenly going to demand more iron ore? No.

 

[marki]

Still happy with my call that the recent drop in USD was overblown and it will strengthen - this should push the AUD back closer to 72-74 cents. Do I think China is suddenly going to demand more iron ore? No.

Unless your crystal ball has a connection with a time machine or the all mighty it's to hard to guess.

Even people with experience get it wrong

There are forces out there we cannot predict or see.

My two Bob

 

[Cruiser Elite]

There are 3 certainties in life:

1. Death
2. Taxes
3. Alleged 'currency experts' who get it wrong 99% of the time!

I will tell you with 100% certainty what the Australian Dollar will do - it will go up or down - by how much? Maybe a little / maybe a lot - then it will reverse and go down or up - by how much? Maybe a lot / maybe a little!

There you go - I will be 100% accurate and I am not being paid 1 cent for this advice.

 

[marki]

There are 3 certainties in life:

1. Death
2. Taxes
3. Alleged 'currency experts' who get it wrong 99% of the time!

I will tell you with 100% certainty what the Australian Dollar will do - it will go up or down - by how much? Maybe a little / maybe a lot - then it will reverse and go down or up - by how much? Maybe a lot / maybe a little!

There you go - I will be 100% accurate and I am not being paid 1 cent for this advice.

Cruiser Elite you were over paid!

 

[Cruiser Elite]

Cruiser Elite you were over paid!

Totally but just as inciteful as the clowns who are grossly overpaid to 'guess' as to what the future holds and then modify their 'guesses' day after day.

 

[wandering_fred]

There are 3 certainties in life:

1. Death
2. Taxes
3. Alleged 'currency experts' who get it wrong 99% of the time!

I will tell you with 100% certainty what the Australian Dollar will do - it will go up or down - by how much? Maybe a little / maybe a lot - then it will reverse and go down or up - by how much? Maybe a lot / maybe a little!

There you go - I will be 100% accurate and I am not being paid 1 cent for this advice.

Obviously you have forgotten your economics courses. There are ALWAYS three possible outcomes to changes in economic conditions.
1) The result will go UP
2) The result will go DOWN
3) The result will remain the SAME.

There are forces out there we cannot predict or see.

Reminds me of a joke going around about 50 years ago with the punch line -
"What do you mean we - Kemo Sabe"

Happy wandering

Fred

 

[JohnK]

Totally but just as inciteful as the clowns who are grossly overpaid to 'guess' as to what the future holds and then modify their 'guesses' day after day.

Overpaid clowns are part of the issue.

 

[marki]

Overpaid clowns are part of the issue.

Market manipulation

 

[serfty]

...
3. Alleged 'currency experts' who get it wrong 99% of the time!
....

Well, no ... even a broken clock is right twice a day.

 

[serfty]

Overpaid clowns are part of the issue.

You find those who make the most revenue out of currency fluctuations are not paid a salary/wage in any meaningful way.

 

[GarrettM]

Edging closer to 77US today. Fly my pretty fly!

 

[Tortuga]

Mrs Yellen seems determined to join forces with Mr Market in devaluing the dollar and ensuring no negative price correction in equities occurs.. Every time she talks assets appreciate significantly even though the fundamental corporate earnings are forecast to be weak. It is clear she doesn't like a strong dollar and is willing to say anything to make it depreciate. I still stand by the fact that Chinese demand for Australian good is not going to get any stronger and the USA is still the only country even contemplating interest rate rises.

 

[whatmeworry]

Went past 77c this morning. CBA predicts 78c this Christmas.

The currency peaked at US77.06¢ during Wall Street trade, a fresh nine-month high following a fall in the US dollar on the back of comments by US Federal Reserve chair Janet Yellen that the central bank would take a cautious approach to interest rate rises on the back of global turmoil.

Read more: Australian dollar breaks through US77 cents as Commonwealth Bank lifts forecasts
​

 

[marki]

Went past 77c this morning. CBA predicts 78c this Christmas.

Looking forward to this maybe even earlier !