What's your prediction on the Australian Dollar?

[Flashback]

Definitely. Even taking my good camera.
Can't buy krona beforehand, but Iceland is the king of plastic apparantely.
Only small amounts of time in London and Helsinki so only small amounts of cash needed I guess.
It is what it is.

Yes, even the toilets take card!

 

[JohnK]

AUD1 = THB 22.4! Don't remember lower.

 

[marki]

So there was a dip in the AUD but its rebounded back. To its old Low's

 

[cove]

We will get back to Australia shortly so the $AUD can really rally.

 

[JohnK]

So there was a dip in the AUD but its rebounded back. To its old Low's

Not against all currencies. Still very low against the THB which has been a growing concern in Thailand as they rely heavily on exports.

 

[cove]

Today you would be brave to predict an Aussie dollar rally to 0.75 but it could happen if sellers hit the USD.The other day we fell to 0.67 for a few minutes so predicting a month or two is not easy.

 

[rock86]

Today you would be brave to predict an Aussie dollar rally to 0.75 but it could happen if sellers hit the USD.The other day we fell to 0.67 for a few minutes so predicting a month or two is not easy.

Well that is what CBA are predicting by year end.......but it's just like playing darts at the pub!!

 

[cove]

I am not surprised that someone can see the $AUD is undervalued but in the mean time we have our pricing based on 0.74 at work. We have been pre-paying to get better pricing to cobble together the 0.74 number.
Of course the currency dropped just as our 2018-19 price list was at the printer.
So it was our fault the $AUD dropped.

 

[Flashback]

The GBP has recovered a bit too (on the AUD spectrum though, it's improved for AUD spending ever so slightly). Of course it waited till I finished my travels to do so!

 

[Virgin Bart]

I am not surprised that someone can see the $AUD is undervalued but in the mean time we have our pricing based on 0.74 at work. We have been pre-paying to get better pricing to cobble together the 0.74 number.
Of course the currency dropped just as our 2018-19 price list was at the printer.
So it was our fault the $AUD dropped.

Wrong .I booked flights to the US 9 months ago. Around that time I could buy currency (after fees) for 80c from memory

 

[Virgin Bart]

Wrong .I booked flights to the US 9 months ago. Around that time I could buy currency (after fees) for 80c from memory

And I didn't......

 

[cove]

I have Euros at 0.64, GBP at 0.56 and USD at 0.765. They will all run out of course.
We’ll be back in Oz this weekend. Going from cold to warm in a day.

 

[rock86]

I am not surprised that someone can see the $AUD is undervalued but in the mean time we have our pricing based on 0.74 at work. We have been pre-paying to get better pricing to cobble together the 0.74 number.
Of course the currency dropped just as our 2018-19 price list was at the printer.
So it was our fault the $AUD dropped.

While I agree the AUD is undervalued, the recent volatility has been mostly due to the geopolitical issues with China and US, people flock to the safe greenback as a result.

We've still got a little over a third of the year locked in at around 76, we didn't pull the trigger late last year when it was hovering between 73-74, hindsight is a wonderful thing though.

 

[marki]

Well that is what CBA are predicting by year end.......but it's just like playing darts at the pub!!

If it were to rally I want solid gains of up to parity then it makes sense to travel.

 

[marki]

Back to 72 cents USD ??

 

[Cruiser Elite]

If it were to rally I want solid gains of up to parity then it makes sense to travel.

I doubt we will ever see parity again - but then again I said that cough could never end up in the White House also!

 

[marki]

I doubt we will ever see parity again - but then again I said that cough could never end up in the White House also!

Cruiser your skating on thin ice ......Politically too close......

 

[cove]

We cannot see the trees in the Forrest at the moment. If the USD tanks then the AUD could rise.

 

[marki]

We cannot see the trees in the Forrest at the moment. If the USD tanks then the AUD could rise.

Yes it’s a bit like that at the moment. Like Yoda Hard to see the future is.

 

[Danger]

The US government shutdown (the longest in history come Friday, I believe) must be playing a part. Once it's over I guess we would see a slight drop in our rate but it may well be temporary. The shutdown must be doing the US economy damage, on a global scale.