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Hi guys,

Just a quick FYI - the $AU today is sitting at $US0.97. It is expected to drop in the near future though so if any of you are looking at sourcing stuff from the US, today's probably the best day to buy. I think it drops to around $US0.95 tomorrow, not a huge difference really but worth knowing.

http://currencies.news.com.au/money/fast_c...SD&period=D

Cheers,

Tarun

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Hi guys,

Just a quick FYI - the $AU today is sitting at $US0.97. It is expected to drop in the near future though so if any of you are looking at sourcing stuff from the US, today's probably the best day to buy. I think it drops to around $US0.95 tomorrow, not a huge difference really but worth knowing.

http://currencies.news.com.au/money/fast_c...SD&period=D

Cheers,

Tarun

or wait a month and we'll have parity or better :P

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or wait a month and we'll have parity or better :)

I would have agreed with you on having parity in the near future, however, given the fact that the RBA has put interest rates on hold :P (cash rate is still 4.5%), the market has already fallen (by around $US0.01) - so given this recent set-back any predictions about parity in the near future are a bit hard to fathom (for the moment).

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btw its also a good time to invest and buy americano dorras! it was at 94.24 last week to buy.

eg $1070 to buy $1usd

if it drops say to .80 about $200 profit right there =) i already bought a few ks and for my sake lets hope it does drop. so you guys can import stuff from the states now and dont blame me later =)

Edited by xtc
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in case you guys aren't watching. China announcing some unstable economic policies and erffect of CBA announcements on interest rate. AUD just started going down. Doubt we'll hit the magic 0.98 mark we started at when the AUD floated.

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