What's your prediction on the Australian Dollar?

[CaptainCurtis]

Well, I just remember being in New York maybe 2010 when the AUD was parity. I had so much fun shopping. Still wear some of the clothes I bought.

I was in Hawaii around that time, and remember doing the same at all the outlets.

 

[I love to travel]

Got a very nice bounce today

 

[I love to travel]

What do people think will happen this week. I have a sense it will drop

 

[SydneySwan]

What do people think will happen this week. I have a sense it will drop

Some days dollar will be up, some days it will be down.

 

[SYD]

What do people think will happen this week. I have a sense it will drop

Why?

 

[Sprucegoose]

Some days dollar will be up, some days it will be down.

Some days it may not move..........

Post automatically merged: Sep 22, 2024

What do people think will happen this week. I have a sense it will drop

What do you know that Nostradamus missed?

 

[marki]

Today, Aussie 0.614 Euro cents not bad direction for those going to EU 17:03 WA time

 

[marki]

 

[Sprucegoose]

Interest rates (relative and otherwise), commodity prices (the AUD is a speculative currency), economic data, outlook and sentiment, and relative monetary policy of our key trading countries—oh, and the global economic outlook. Crack this, and you'll understand the AUD!

 

[serfty]

Interest rates (relative and otherwise), commodity prices (the AUD is a speculative currency), economic data, outlook and sentiment, and relative monetary policy of our key trading countries—oh, and the global economic outlook. Crack this, and you'll understand the AUD!

 

[gaz0303]

We had an economist deliver a plenary at a conference last Thursday morning. He predicted a rise in unemployment, an interest rate cut and upside to the AUD. Guess 1/3 right pays the bills.

 

[marki]

That's a good way actually

Post automatically merged: Sep 25, 2024

We had an economist deliver a plenary at a conference last Thursday morning. He predicted a rise in unemployment, an interest rate cut and upside to the AUD. Guess 1/3 right pays the bills.

Rarely do people get it that right!

 

[justinbrett]

We had an economist deliver a plenary at a conference last Thursday morning. He predicted a rise in unemployment, an interest rate cut and upside to the AUD. Guess 1/3 right pays the bills.

I guarantee all three of those will happen.

When is another question.

 

[I love to travel]

Anyone want to hazard a guess about whether the downward trend continues? Not sure whether to buy some now for September trip next year

 

[PLANT]

It's going to 60 cents... let's go so I can sell Brk/B

 

[clifford]

It's going to 60 cents...

Looks like that's a fair prediction...

https://www.fxstreet.com/analysis/the-australian-dollars-struggle-how-rising-debt-and-slowing-chinese-demand-could-pummel-aud-in-2025-202412180832

It'll certainly make overseas travel quite a bit more expensive in AUD. Glad I've got a reasonable stash of USD, GBP, EUR, SGD etc to tide me over the next year or two, or.....

 

[Virgin Bart]

Looks like that's a fair prediction...

https://www.fxstreet.com/analysis/the-australian-dollars-struggle-how-rising-debt-and-slowing-chinese-demand-could-pummel-aud-in-2025-202412180832

It'll certainly make overseas travel quite a bit more expensive in AUD. Glad I've got a reasonable stash of USD, GBP, EUR, SGD etc to tide me over the next year or two, or.....

Good time to be going on a month long US holiday....

 

[I love to travel]

Looks like that's a fair prediction...

https://www.fxstreet.com/analysis/the-australian-dollars-struggle-how-rising-debt-and-slowing-chinese-demand-could-pummel-aud-in-2025-202412180832

It'll certainly make overseas travel quite a bit more expensive in AUD. Glad I've got a reasonable stash of USD, GBP, EUR, SGD etc to tide me over the next year or two, or.....

I got really lucky when I stocked up 2 weeks ago. Whilst it had already dropped, has dropped a further 3 cents in 2 weeks and I think it will continue that way

 

[cove]

Yes the $AUD is vulnerable and dropped last night. It is not being helped by our current treasurer.
We are still a lucky country.