What's your prediction on the Australian Dollar?

[drron]

and I got it very nearly at the top.

 

[whatmeworry]

Aussie Dollar slides again.

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[cove]

We took some at .925 so it went over .93 to teach us a lesson.

 

[whatmeworry]

Aussie dollar fall and rise in Singapore wholesale now giving us a double whammy effect at the bowser.
Petrol Prices Soar On Weaker Dollar

 

[RB]

Aussie dollar fall and rise in Singapore wholesale now giving us a double whammy effect at the bowser.
Petrol Prices Soar On Weaker Dollar

Yet the price in many NSW country towns sits & rarely has the capital city volatility! It certainly moves around (PQQ area) here but not to the extent that you look for a weekly cycle

 

[drron]

And diesel rarely moves.

 

[froggerADL]

My prediction is that the aussie dollar will continue to go up and down for no particular reason so that banks, traders etc. can continue to make profits with little or no risk.

 

[Danger]

And we're down below 90 US cents.

 

[cove]

We are all set now aren't we?

 

[Flashback]

We are all set now aren't we?

Indeed. Interesting 3 year cycle. When I moved here, it was around .59, the highest was .68 and now we're back to .59. Swings and roundabouts and all that jazz.

 

[Fifa]

I'm off to Europe and the US next month and paid for all flights, trains, a cruise and 2/3 of our accommodation while our dollar was high.
I'll just have to suck up the rate now and enjoy the holiday knowing I got great value out of many of our bookings.

 

[amaroo]

I'm heading over to the LOTFAP for x-mas.......anything over 0.80c - I count as a bonus.

 

[codash1099]

I accept full blame for the current fall. I've been deferring currency purchases for an upcoming N. America trip in the expectation that it "can't go below 90". Why I have done so is inexplicable - I was burnt by similar circumstances a few years ago.

Mea culpa.

 

[SteveJohnson]

I always considered the Aussies' "parity-and-above" status as a treat to be enjoyed while it lasted, and figure that around 85-90 is the 'real' rate. If it dropped below 85 I would be p*ssed off, as it is I am still annoyed of course that it has slipped under 90, but I always thought it would come to land in the 85-90 range. That's why I bought up plenty of US a few months ago in readiness for my end of year trip, I figure that we won't even see parity for some time now.

 

[JBH]

FWIW > it's got some downward pressure still to come, settling in at a mid term 77-80c range aligned with lower commodity prices and continued US recovery.

 

[whatmeworry]

I have been hearing from many builders and tradesmen are struggling to find work. So that means rates will probably come down even more and thus the aussie dollar. AGood if you need to do renovations or need to buy a house.

 

[sumthinfornuthin]

I'm heading over to the LOTFAP for x-mas.......anything over 0.80c - I count as a bonus.

LOTFAP....Land of the Free and ???????

 

[Flashback]

LOTFAP....Land of the Free and ???????

Paranoid of course!

 

[sumthinfornuthin]

Paranoid of course!

Thank you,been driving me mad for ages seeing everyone use it and could not work it out

 

[Fifa]

Every year we travel with friends from Florida for 5 or 6 weeks.
When I told them what the acronym meant they were gob-smacked!